India's Maruti resumes 'limited' operations amid strike

Workers at India's top carmaker Maruti Suzuki returned to work on Saturday after ending the latest in a string of strikes that have cost the Japanese-owned firm hundreds of millions of dollars.The 13-day stoppage at the Maruti plant, owned by Suzuki Motor Corp, was called off Friday following an agreement between employees and the company."The workers are back on the job, there is a full shift working at the Manesar plant," a Maruti spokesman told AFP.

Striking workers ended their eight-day occupation of a plant belonging to India's largest carmaker, Maruti Suzuki, but the two sides remained at loggerheads, the company said Saturday.The 1,500 workers took control of the Manesar plant in northern India belonging to Japanese-controlled Maruti Suzuki in a bitter labour dispute that has cost the company hundreds of millions of dollars in lost output.

MUMBAI (Reuters) - One person was killed and scores injured in clashes between workers and managers at a Maruti Suzuki plant, the company said on Thursday, with production suspended and shares in India's biggest carmaker down more than eight percent. Maruti Suzuki spokesman Puneet Dhawan said protesting workers at the Manesar plant in northern India attacked senior officials and started a fire at the plant. Labor unrest cost the company more than $500 million in lost production in 2011. "The police have taken charge of the premises," Dhawan said. ...

MANESAR, India (Reuters) - A deadly riot at a northern factory of Indian carmaker Maruti Suzuki shut the plant on Thursday and inflicted the biggest loss on its share price in almost two years. Hundreds of police secured the 550,000-vehicle per year factory in Manesar and arrested 90 people after a mob tore through the plant on Wednesday, smashing property and burning parts of the facility beyond repair. ...

India's biggest carmaker by sales, Maruti Suzuki, reported on Saturday an 18 percent slide in quarterly net profit, hit by fast-rising raw material costs.Maruti, majority-owned by Japan's Suzuki Motor Corp, said net profit fell to 5.65 billion rupees ($123 million dollars) in the three months to December from 6.8 billion rupees a year earlier.The result from the New Delhi-based company, battling mounting competition from India's second-largest carmaker, South Korea's Hyundai, and other rivals, fell shy of analysts' forecasts of around six billion rupees.

India's biggest carmaker Maruti Suzuki reported Saturday quarterly net profit fell by a surprise 20 percent as the company was pummelled by a surge in raw material costs.Maruti, majority-owned by Japan's Suzuki Motor Corp, said net profit during the fiscal first quarter slid to 4.65 billion rupees (99 million dollars) from 5.84 billion rupees a year earlier, despite a 27 percent leap in sales.The fall was a shock for financial analysts who had forecast Maruti would report a profit of around 6.6 billion to seven billion rupees for the three months to June 30.

India's biggest carmaker Maruti Suzuki reported a surprise 20 percent fall in quarterly net profit on Saturday as the company was pummelled by higher raw material costs.Maruti, majority-owned by Japan's Suzuki Motor Corp, said net profit during the fiscal first quarter slipped to 4.65 billion rupees (99 million dollars) from 5.84 billion rupees a year earlier.