Tuesday, May 7 2024 | Time 21:15 Hrs(IST)
image
Business Economy


Maruti Suzuki gets show-cause notice from Legal Metrology dept

Maruti Suzuki gets show-cause notice from Legal Metrology dept

New Delhi, April 26 (UNI) The country's leading carmaker Maruti Suzuki India on Friday said that it has received a show-cause notice from the Legal Metrology office in Rishikesh, Uttarakhand.

It has been alleged in the notice that maximum retail price (MRP) is not mentioned on the product listed on the website of ‘boodmo.com’ which amounts to violation of the Legal Metrology (Packaged Commodities) Rules, 2011.

"The Notice is being analyzed and appropriate action would be taken," the company said in a regulatory filing to stock exchanges.

Maruti Suzuki stated that there is no impact on financial, operation or other activities of the company due to this notice.

Senior Inspector, Legal Metrology, Rishikesh, District Dehradun served the show-cause notice to the car company on April 24.

UNI NK ING

More News

YES BANK, global co EBANX announce partnership for payment processing in India

07 May 2024 | 7:16 PM

New Delhi, May 7 (UNI) India's private sector bank YES BANK, and EBANX, a global fintech company specialised in payment solutions for emerging markets, on Tuesday announced a strategic partnership for payment processing in India, for the global digital economy.

see more..

Agri Startup Hectar Global expands into Bangladesh

07 May 2024 | 7:07 PM

Chennai, May 7 (UNI) B2B cross-border agri-trade startup Hectar Global today announced its strategic expansion into the Bangladesh market to strengthen its downstream trade capabilities.

see more..

Shyam Metalics Group commences operation at recently acquired Ramsarup Plant

07 May 2024 | 6:06 PM

Kolkata, May 07 (UNI) Shyam Metalics and Energy Ltd, the metals manufacturing company, has announced the commencement of operation at recently acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary Shyam Sel and Power Limited in May 2022.

see more..
Indian stock market bleeds; Sensex plunges over 383 points

Indian stock market bleeds; Sensex plunges over 383 points

07 May 2024 | 6:03 PM

Mumbai, May 7 (UNI) Snubbing the rally in the foreign bourses, India’s stock market plunged nearly 400 points as the 30-share sensex ended at 73511.85 for the day, down 383.69 points from previous close.

see more..

Jindal Stainless supplies spl alloy steel in DRDO’s SMART system for Navy

07 May 2024 | 5:37 PM

New Delhi, May 7 (UNI) Integrated steel maker Jindal Stainless on Tuesday said it has developed a specialized 3mm special alloy steel to be used for structural application in the Supersonic Missile – Assisted Release of Torpedo (SMART) system, aimed at enhancing Navy’s anti-submarine warfare capabilities.

see more..
image