NEW DELHI – Adding another chapter to their convoluted history, India's Maruti Udyog Ltd. buys parent company Suzuki Motor Corp.'s 30% stake in Maruti Suzuki Automobile India Ltd., a subsidiary set up to produce new passenger cars. Maruti, in which Japan's Suzuki holds 54.4%, already controlled a 70% stake in MSAIL. Under the original agreement inked in 2004, the manufacturing plant in Manesar, in the state of Haryanna, would receive an investment of Rs15.2 billion ($337 million). It ...
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