Maruti Suzuki India Ltd.

Maruti Suzuki, India's top carmaker, has raised prices of its diesel models by Rs 2,000 to Rs 10,000. For its Ritz hatchback, prices were raised by Rs 2,000, while for other models, prices were raised by Rs 10,000. Rising costs of many raw materials have dented carmakers' margins in India, forcing them to raise prices, further hurting demand already hit by high interest rates and fuel prices that are deterring potential customers. Maruti is 54.2% owned by Japan's Suzuki Motor Corp.