Maruti Suzuki Cuts Price Of Baleno RS By Rs 1 Lakh

INSUBCONTINENT EXCLUSIVE:
Baleno RS's Delhi ex-showroom price is Rs 5,58,602, according to Maruti Suzuki Nexa's website.Maruti Suzuki on Friday announced a
The move by the country's largest carmaker comes two days after it lowered the prices of select models by Rs 5,000 following a cut in
Delhi is Rs 5,58,602, according to the carmaker's Nexa website
different models by Rs 5,000 each, in a bid to push sales just ahead of the festive season
Maruti Suzuki said it hoped the move would help entice entry-level customers.At 1:29 pm, Maruti Suzuki shares traded 0.88 per cent lower at
Rs 6,800 apiece on the Bombay Stock Exchange (BSE), underperforming the benchmark Sensex index which was down 0.05 per cent.In a surprise
move, the Finance Minister announced a cut in the corporate tax rate to 22 per cent from 30 per cent last Friday
The cuts were the latest in a line of government measures aimed at reviving growth in Asia's third-largest economy, which slumped to a
six-year low in the April-June quarter.Analysts say the move is likely to benefit large corporates at a time when the economy is struggling
straight month of decline and also the steepest fall in the segment ever, according to data from industry body SIAM.Get Breaking news, live
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