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Mahindra in talks with different Indian states to setup EV manufacturing facility
Business

Mahindra in talks with different Indian states to setup EV manufacturing facility

Before deciding on a production strategy for its five new electric Sports Utility Vehicles, the manufacturer will consider the incentives provided by various state governments. The first four of these EV SUVs are scheduled to go on sale between December 2024 and 2026

Anand Mahindra proposes using solar panels on expressways
India

Anand Mahindra proposes using solar panels on expressways

The businessman was inspired and captivated by a video posted by climate change activist Mike Hudema showing solar panel-covered bike lanes in South Korea

Mahindra XUV700 to debut new Mahindra logo, ‘Twin Peaks’ insignia to be introduced on other Mahindra SUVs as well
News & Analysis

Mahindra XUV700 to debut new Mahindra logo, ‘Twin Peaks’ insignia to be introduced on other Mahindra SUVs as well

By 2022, Mahindra will add its new ‘Twin Peaks’ logo to all of its SUVs as well as sales and service touchpoints across India.

Timeless Mahindra: Adil Jal Darukhanawala on the history of the iconic jeep and how it is intertwined with a free India's
Lifestyle

Timeless Mahindra: Adil Jal Darukhanawala on the history of the iconic jeep and how it is intertwined with a free India's

The 75-year journey of Mahindra & Mahindra, that started off with the hardy jeep CJ-2A,is traced by Darukhanawala in his new book.

Mahindra launches BS6 Supro Ambulance at Rs 6.94 lakh; first batch delivered to Maharashtra government to aid fight against COVID-19
Business

Mahindra launches BS6 Supro Ambulance at Rs 6.94 lakh; first batch delivered to Maharashtra government to aid fight against COVID-19

Mahindra and Mahindra Ltd launched the BS6 Supro Ambulance on Tuesday, with the first batch of the vehicles manufactured for the Maharashtra government

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
Business

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%

Auto major Mahindra & Mahindra (M&M) on Monday reported a steep 79 percent decline in total sales at 9,560 units in May

Mahindra launches online sales platform; customers can finance, insure, exchange vehicles under new initiative
Business

Mahindra launches online sales platform; customers can finance, insure, exchange vehicles under new initiative

Under the new initiative of Mahindra -- Own-Online, a customer can finance, insure, exchange, accessorise and own a company vehicle, in four simple steps, from the comfort of their homes, the auto major said.

Coronavirus impact: Flipkart partners with Meru to deliver everyday essentials, groceries to consumers
Business

Coronavirus impact: Flipkart partners with Meru to deliver everyday essentials, groceries to consumers

Meru will use its fleet to ensure the timely and safe delivery of essentials to Flipkart’s large customer base in a hassle-free manne

Sensex rallies over 1,250 points, Nifty soars 363 points; robust buying in auto, IT stocks, hopes of stimulus package boost markets
Business

Sensex rallies over 1,250 points, Nifty soars 363 points; robust buying in auto, IT stocks, hopes of stimulus package boost markets

After hitting a high of 31,225.20 during the day, the Sensex ended 1,265.66 points or 4.23 percent higher at 31,159.62

Markets close trading session in red:  Sensex slumps 674 points, Nifty drops below 8,100-mark; banking stocks tumble
Business

Markets close trading session in red: Sensex slumps 674 points, Nifty drops below 8,100-mark; banking stocks tumble

The stock markets continued their journey southward and ended the session in red down by 2 percent dragged mainly by selling pressure in BFSI stocks

Coronavirus Outbreak: Anand Mahindra tells employees to take a relook at life, prepare for future
Business

Coronavirus Outbreak: Anand Mahindra tells employees to take a relook at life, prepare for future

Terming the coronavirus pandemic as a "crisis of a magnitude that we have never faced before" Mahindra Group Chairman Anand Mahindra on Thursday asked employees of the conglomerate to use the lockdown period to relook at the personal and professional way of life to prepare for the future and to serve the "post corona world"

Market fails to retain afternoon sharp recovery, ends in red for 4th straight session; Bajaj Finance, Axis Bank among top losers
Business

Market fails to retain afternoon sharp recovery, ends in red for 4th straight session; Bajaj Finance, Axis Bank among top losers

All the sectoral indices ended in the red, while BSE Midcap and Smallcap indices fell 3.7 percent and 4.5 percent respectively.

Auto sales decline in February: Coronavirus outbreak in China hits component supply; challenge to continue for few weeks
Business

Auto sales decline in February: Coronavirus outbreak in China hits component supply; challenge to continue for few weeks

Automakers Mahindra and Mahindra Ltd and Tata Motors said their supply of parts from China had been hit, as fallout from the coronavirus outbreak mounts.

Competition Commission gives nod for Mahindra & Mahindra, Ford Motor joint venture
Business

Competition Commission gives nod for Mahindra & Mahindra, Ford Motor joint venture

In October last year, Mahindra and Mahindra said it would buy 51 percent stake in Ardour Automotive Pvt Ltd for around Rs 657 crore

Sensex surges over 170 points, Nifty regains 12,000-mark amid strong recovery in global markets; RIL, HDFC Bank among top gainers
Business

Sensex surges over 170 points, Nifty regains 12,000-mark amid strong recovery in global markets; RIL, HDFC Bank among top gainers

In the previous session, Sensex closed at 40,789.38, up 2.30 percent or 917.07 points. This was the biggest single-day rise for the Sensex since 23 September 2019.

EV dream not very far, need priority financing, cut in import duties of some parts: M&M managing director Pawan Goenka
Business

EV dream not very far, need priority financing, cut in import duties of some parts: M&M managing director Pawan Goenka

Automobile major Mahindra & Mahindra (M&M) on Thursday said India's electric vehicles dream is not far from realisation but it needs steps like priority financing and duty reduction on certain parts to push e-mobility in the country

Sensex crashes over 800 points in afternoon session, Nifty below 12,000-mark on increasing tensions between US, Iran
Business

Sensex crashes over 800 points in afternoon session, Nifty below 12,000-mark on increasing tensions between US, Iran

Sensex was trading 376.66 points or 0.91 percent lower at 41,087.95 while the broader NSE Nifty cracked 109.60 points or 0.90 percent to 12,117.05

Sensex drops 142 points, Nifty slips 38 points amid fears of conflict in Middle East, after US kills top Iranian general
Business

Sensex drops 142 points, Nifty slips 38 points amid fears of conflict in Middle East, after US kills top Iranian general

The BSE Sensex dropped over 100 points in the opening session on Friday as global equities turned negative after the US killed a top Iranian general, fuelling fears of a conflict in the oil-rich region.