Mahindra Finance eyes 50% stake in proposed Payment Bank
Mahindra Finance is likely to hold up to 50 per cent stake in the proposed Payment Bank, for which a group entity has applied for a licence from RBI.
Apr 26, 2015, 13:25 PM IST
Pininfarina chairman says there may be M&A news soon
Italian car designer Pininfarina may have news soon about a possible tie-up, its chairman said on Wednesday, after sources said Indian car maker Mahindra & Mahindra aimed to submit a formal bid for the Italian brand by April 29.
Apr 22, 2015, 15:49 PM IST
M&M opens Rs 250-cr extended manufacturing unit in Telangana
The auto division of Mahindra & Mahindra on Wednesday announced the inauguration of its extended automotive manufacturing facility in Zaheerabad in Telangana.
Apr 22, 2015, 14:18 PM IST
M&M says to stop selling vehicles in Brazil
Mahindra entered the market in Brazil seven years ago.
Apr 01, 2015, 18:47 PM IST
Mahindra tractor sales decline 31% in March
Mahindra & Mahindra's Farm equipment sector on Wednesday reported a 31 percent decline in total tractor sales in March at 12,254 units.
Apr 01, 2015, 17:25 PM IST
Mahindra & Mahindra March sales down 12%
In domestic market, M&M's sales were down by 15 per cent to 41,193 units last month as against 48,490 units a year earlier.
Apr 01, 2015, 13:27 PM IST
Mahindra Two Wheelers eyes 500 dealerships by FY16 end
Mahindra Two Wheelers Ltd (MTWL), a group venture owned by Mahindra & Mahindra (M&M), today said it plans to increase the number of dealerships to 500 across the country in the next fiscal.
Mar 21, 2015, 17:07 PM IST
Mahindra to showcase electric vehicle expertise in Miami
Mahindra is among the 10 teams competing in Formula E, the world's first fully-electric racing series.
Mar 14, 2015, 14:08 PM IST
Mahindra launches XUV500 limited edition at Rs 14.48 lakh
The vehicle also comes with features like driver information system, fully automatic temperature control and six airbags.
Feb 24, 2015, 10:37 AM IST
M&M plans to launch electric car in Europe in six months
Homegrown auto major Mahindra & Mahindra plans to launch its electric car in Europe in next six months as it looks to tap rising demand for eco-friendly vehicles in the continent.
Feb 17, 2015, 18:03 PM IST
M&M shares up over 5%; investors richer by Rs 3,603 cr
Stocks of auto major Mahindra & Mahindra Friday rose by over 5 percent after the company's December quarter earnings met market expectations.
Feb 13, 2015, 19:03 PM IST
Chetan Maini to step down as Mahindra Reva CEO
Mahindra & Mahindra on Wednesday announced a top level change at its electric car making arm, Mahindra Reva, with its CEO Chetan Maini to be replaced by ex-Ford India President and Managing Director Arvind Mathew.
Feb 04, 2015, 20:36 PM IST
Mahindra & Mahindra sales fall 6% in January
Auto major Mahindra & Mahindra on Monday reported six per cent decline in total sales at 39,930 units in January.
Feb 02, 2015, 15:32 PM IST
Mahindra completes 51% stake acquisition in Peugeot Motocycles
Mahindra Two Wheelers Tuesday completed the 28 million euro acquisition of 51 percent stake in Peugeot Motocycles (PMTC), a part of the euro 54 billion France-based PSA Group.
Jan 20, 2015, 21:41 PM IST
No Mahindra SUV in US; market entry via Ssangyong stable
Homegrown auto major Mahindra & Mahindra is keen to enter the SUV market in the US but will do so with the vehicles of its South Korean arm Ssangyong and not under its own brand.
Jan 20, 2015, 17:56 PM IST
Ssangyong launches compact SUV Tivoli, to invest $920 mn in 3 years
Tivoli is the first product to come out of the SYMC stable after Mahindra & Mahindra acquired 70 percent controlling stake in 2011.
Jan 13, 2015, 12:56 PM IST
Mahindra's used-vehicle biz to grow at 25-30%
Auto major Mahindra & Mahindra controlled second hand vehicle arm Mahindra First Choice Wheels Ltd is expanding at healthy pace of over 25 percent.
Jan 09, 2015, 11:27 AM IST
Up to 7 no-production days a month till March 15: M&M
The management does not envisage any adverse impact on the availability of products in the market due to adequacy of stocks to serve the market requirements, it added.
Dec 16, 2014, 20:23 PM IST
Anand Mahindra named trustee for London's history museum
Mahindra's appointment is for an initial four-year term from January 1, 2015, London's Natural History Museum said in a statement.
Dec 15, 2014, 18:35 PM IST
Tech Mahindra to buy Lightbridge Communications for $240 mn
Country's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth USD 240 million (over Rs 1,486 crore).
Nov 20, 2014, 17:53 PM IST
