Maruti Udyog Ltd’s monopoly over the small car segment may be coming to an end, with new players entering the market, and the only way Maruti can perhaps retain its market share is to go ahead with the capacity expansion plan of 1,00,000 units. But how successful it will be in staving off competition will have to be seen, especially as the company continues to be slowed down by the continued battle for control between Suzuki and the Union Government. Suzuki holds 50 per cent and Government holds 48.73 per cent of the equity. Mr. R. C. Bhargava, Managing Director of Maruti Udyog Ltd told Business Line that the company was going ahead with the expansion plans and that Suzuki had approved the proposal in March.

Cap of 3 circles for cellular, basic services

The Centre has set a cap of three circles for HI (highest) and H2 (second highest) bidder companies to provide cellular mobile and basic telephone services in the country. While cellular mobile telephone services have begun in Bombay, Delhi, Calcutta and Madras, Thursday’s decision covers the award of licences for mobile telephones for the rest of the country.

IA board to discuss proposal for cargo services

The Indian Airlines (IA) board had a threeand- a-half hour meeting here on Thursday primarily to discuss the annual accounts for 1994-95 and the possibility of IA starting a dedicated cargo service. While a presentation on the cargo service venture was made to the board on Thursday, a discussion on the subject would take-place on Friday. In effect, the IA board would have an extended session on Friday.

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