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Latest Articles in Mahindra Mahindra
M&M Does Not Plan To Invest More In RBL Bank
Mahindra shares plunged at the announcement of the Rs 417 crore deal, in which the company said it also planned to raise its stake to 9.9 per cent in the future, subject to regulatory approval
Read MoreMahindra & Mahindra Buys 3.53% Stake In RBL Bank For Rs 417 Cr
The company might consider further investment in the lender subject to pricing, regulatory approvals and required procedures, Mahindra said, adding that the investment will not exceed a 9.9 per cent stake
Read MoreMahindra Auto Sells Total 29,516 SUV’s & 59,049 Vehicles In August 2022
Exports for the month were at 2,912 vehicles. In the Commercial Vehicles segment, Mahindra sold 21,492 vehicles in August 2022.
Read MoreTime Ripe To Enter Electric Four-Wheeler Space: Anand Mahindra
Mahindra currently does not have a presence in the electric passenger segment. It however is the leading player in the domestic electric three-wheeler space with over 70 per cent market share.
Read MoreM&M Total Sales Jump 89% In Feb To 54,455 Units, PV Sales Rise 80%
The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 80 per cent to 27,663 units last month as against 15,391 units in February last year
Read MoreMahindra & Mahindra To Open Bookings For XUV700 From October 7
The XUV700 will come in variants including diesel and gasoline, manual and automatic options and with 5 and 7-seater capacity.
Read MoreMahindra Grp Will Measure 'Social Impact' As Rigoursly As Financial Performance: Anand Mahindra
Sharing the group's plan for the way ahead over the issue, Mahindra said, 'On this momentous 75th Anniversary, the Mahindra Group proudly commits that we will measure social impact as rigorously as we measure financial performance.
Read MoreM&M July Tractor Sales Rise 7 % To 27,229 Units
Domestic tractor sales were at 25,769 units last month, as against 24,463 in July last year, a growth of 5 per cent
Read MoreCyclone Yaas: M&M Sets Up Relief Task Force
Cyclone Yaas is likely to make landfall near Dhamra Port in Odisha's Bhadrak district early on Wednesday morning and it can have a speed of 155 Kmph to 165 kmph, gusting to 185 kmph
Read MoreM&M Advances Annual Maintenance Plant Shutdown To May
The company said it has decided to advance the scheduled 'maintenance of four working days, in each of its automotive division manufacturing plants, to the month of May 2021
Read MoreFighting Spirit
Mahindra Group is a $19.4-billion federation of companies that is providing innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities.
Read MoreSharda Motor Industries Shuts Down Manufacturing Unit At Greater Noida
The Greater Noida unit had revenue from operations of around Rs 1.66 crore in 2020-21, the company said adding it expects to complete the closure of the unit by April 30.
Read MoreAnish Shah To Take Over As M&M's Managing Director, CEO
He succeeds Pawan Goenka, who will retire as the MD and CEO, and Member of the Board of Directors of M&M Ltd on April 2, 2021. M&M had on December 20, 2019, announced a top management succession.
Read MoreIn-Principle Approval Granted For Consolidation Of Mahindra Electric Mobility Limited With Mahindra & Mahindra Limited
Consolidation would categorize EV operations in two focused verticals: Last Mile Mobility (LMM) and Electric Vehicle Tech Centre.
Read MoreAnnouncement Of Voluntary Scrappage Policy In Union Budget A Step In Right Direction: M&M
Justifying the move not to make it mandatory even as that would help spur the demand, Goenka said that 'to incentivise the scrap is the right thing but to force the vehicle owners to scrap is a wrong thing to do'.
Read More