Maruti Suzuki Q3 profit slumps 64% at Rs 205.6 crore


Dated:January 23,2012


RBI is likely to keep policy rates unchanged in the third quarterly review of monetary policy tomorrow, even as inflation and economic growth rate have eased.

Maruti Suzuki reported a bigger-than-expected 63.6% fall in quarterly net profit as high interest rates and rising fuel costs hit demand for cars.

The two men are stepping aside after disappointing investors and leaving customers wondering whether RIM still has the ability to compete.

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