Maruti’s switchover to Rupee-based royalty pay to Suzuki running 2 years late

Maruti’s switchover to Rupee-based royalty pay to Suzuki running 2 years late Maruti does not provide reasons for the delay. Royalty payment is computed every quarter by MSIL and shared publicly. Rupee-denominated payment formula was envisaged to escape the adverse risk of the yen-rupee fluctuations.

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