Wednesday, September 02
Maruti Suzuki India on Monday announced that its scheme of amalgamation with wholly-owned subsidiary Suzuki Motor Gujarat (SMG) has become effective from today.In a regulatory filing, the auto major said the merger has led to an increase in its authorised share capital by ₹15,000 crore."We would like to inform that the company has filed the certified copy of the order issued by the Hon'ble National Company Law Tribunal, sanctioning the Scheme of Amalgamation of Suzuki Motor Gujarat, a wholly owned subsidiary (SMG), into and with Maruti Suzuki India (MSI) with the Registrar of Companies, Delhi and accordingly, the scheme becomes effective from today December 1, 2025," the company stated.The appointed date for the amalgamation was April 1, 2025, and the process of merging SMG into MSI has
India is preparing to open discussions with Russia for the purchase of next-generation Su-57 fighter jets and the advanced S-500 missile defence shield during President Vladimir Putin’s visit this week, Bloomberg reported, citing people familiar with the matter. Despite Washington’s pressure, India and Russia maintain a Special and Privileged Strategic Partnership, and New Delhi is expected to explore the possibility of expanding military cooperation. Bloomberg’s sources said the conversations will revolve around Su-57 fighter aircraft and a newer version of the S-500 defence system, although no agreement is expected during the visit.Read more: Putin's visit sparks $100bln trade ambitions amidst global tensionsBalancing Moscow and WashingtonPrime Minister Narendra Modi has consistent
