Mahindra And-mahindra

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Mahindra And-mahindra - Total results - 156
M&M rejigs top management in auto, farm divisions; Rajan Wadhera to step down from executive role
Business

M&M rejigs top management in auto, farm divisions; Rajan Wadhera to step down from executive role

Homegrown auto major Mahindra & Mahindra (M&M) on Monday announced a rejig of its top management in automotive and farm equipment sectors with its President for auto vertical Rajan Wadhera set to retire and step down from the executive role

Sensex plunges 334 points, Nifty below 12,000-mark driven by losses in banking, auto stocks; Yes Bank, SBI among top losers
Business

Sensex plunges 334 points, Nifty below 12,000-mark driven by losses in banking, auto stocks; Yes Bank, SBI among top losers

After opening on a positive note, the 30-share BSE Sensex witnessed a continuous slide and went on to hit a low of 40,393.46 during the day.

Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%
Business

Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%

Shares of automobile companies tumbled as much as 2.59 percent on Monday after they posted subdued sales numbers for November

Auto Expo 2020: From Maruti Suzuki to Kia, all the electric vehicles expected at the show
auto

Auto Expo 2020: From Maruti Suzuki to Kia, all the electric vehicles expected at the show

Here's a list of all the electric vehicles that could be showcased at the 2020 Auto Expo.

M&M Q2 net profit plunges 78% at Rs 368 cr; revenue from operations down 6% to Rs 23,936 cr
Business

M&M Q2 net profit plunges 78% at Rs 368 cr; revenue from operations down 6% to Rs 23,936 cr

Mahindra & Mahindra on Friday reported 78.44 percent decline in consolidated profit after tax (PAT) at Rs 368.43 crore for the quarter ended 30 September, 2019

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market
Business

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
Business

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September

Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry

Sensex surges over 500 points, Nifty hovers around 11,600-mark; auto, bank stocks rally
Business

Sensex surges over 500 points, Nifty hovers around 11,600-mark; auto, bank stocks rally

Sensex was trading 514.33 points, or 1.33% higher at 39,107.85 at 10.15 am, while the broader Nifty rose 169.70 points or 1.48% to 11,609.90

Auto, real estate firms made a killing during boom time; it’s time now for them to think beyond profits, cut prices
Business

Auto, real estate firms made a killing during boom time; it’s time now for them to think beyond profits, cut prices

Automakers also need to introspect on the quality of the product they offer to the Indian audience vis-à-vis customers in other advanced markets.

Mahindra, Tata Motors offer discounts on select models to lure in customers, beat auto sector slowdown
Business

Mahindra, Tata Motors offer discounts on select models to lure in customers, beat auto sector slowdown

Auto sector majors like Mahindra and Mahindra and Tata Motors are the ones who are offering huge discounts.

Auto sales slowdown: Carmakers cannot sit idle waiting for a saviour; proactive approach, fresh strategy key to emerge from doldrums
Business

Auto sales slowdown: Carmakers cannot sit idle waiting for a saviour; proactive approach, fresh strategy key to emerge from doldrums

This crisis is a good opportunity for carmakers to introspect and see if they have been taking the Indian customer for granted vis-à-vis other markets.

Mahindra and Mahindra offers its personal vehicles range on monthly subscription
Business

Mahindra and Mahindra offers its personal vehicles range on monthly subscription

Home-grown auto major Mahindra & Mahindra rolled out on Thursday a subscription-based service for retail buyers of its personal range of vehicles to boost plummeting demand

Economic slowdown impact: Mahindra and Mahindra defers Rs 1,000-cr capex plan by year
Business

Economic slowdown impact: Mahindra and Mahindra defers Rs 1,000-cr capex plan by year

Owing to the slowdown in the automobile industry, Mahindra & Mahindra has deferred its planned capex of around Rs 1,000 crore by a year, which, if not reversed within this fiscal, would lead to more job losses in the sector, the company's MD Pawan Goenka said on Thursday

Auto sector mayhem: Are we misreading distress signals emerging from plummeting sales and steep production cuts?
Business

Auto sector mayhem: Are we misreading distress signals emerging from plummeting sales and steep production cuts?

If behavioral changes and spending patterns or shift to a new type of vehicle is impacting auto sales, it would have primarily reflected in passenger sales only

LIC Housing Finance's profitability, disappointing M&M results; all this and more on Moneycontrol Pro
Business

LIC Housing Finance's profitability, disappointing M&M results; all this and more on Moneycontrol Pro

Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles

Tata Motors, Mahindra and Mahindra plan production cuts amid slowing demand for vehicles
Business

Tata Motors, Mahindra and Mahindra plan production cuts amid slowing demand for vehicles

Indian automakers Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns

Mahindra and Mahindra to suspend production for 8-14 days in Q2 across plants to align with demand
Business

Mahindra and Mahindra to suspend production for 8-14 days in Q2 across plants to align with demand

Homegrown auto major Mahindra & Mahindra (M&M) said on Friday that it will be suspending automobile production for 8-14 days in the ongoing quarter in various plants to align production with demand

Slowing demand in auto sector forces firms nearly 300 dealers to shut shop; Nissan, Hyundai worst hit
Business

Slowing demand in auto sector forces firms nearly 300 dealers to shut shop; Nissan, Hyundai worst hit

Nissan, which plans to cut about 1,700 jobs in India, witnessed the highest number dealership shutdowns at 44 in the past 18 months while Hyundai had to close 39 retail outlets during the same period.

Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra
Business

Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra

Pitching for a lower GST or a rollback of the cess to pull the automobile industry out of the slowdown, M&M group chairman Anand Mahindra on Wednesday said that a revival of the industry would have a ripple effect on the entire economy