Re: Maruti looks to create land bank for dealerships I think they are moving away from their core area and dabbling with a "golden goose" seeing all this real estate industry flush with cash. Also, the regulatory environment around real estate is still quite loose and our laws are not strong enough to corral any misdeeds.
While financially it may make sense in the short term, I'd really hope they don't put this ahead of their cars business. No one is too big to fail - they all do by making really weird decisions. I somehow feel that this is one such thing. |