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Sign of revival in automobile sector; coming six-week festive season will be decisive, says Mahindra's MD Pawan Goenka
Fp Staff •"If the sale remains encouraging, the automobile sector will gather pace," Goenka said
Corporate tax rate cut: 'Single biggest tax reform', says L&T's SN Subrahmanyan; Rajiv Bajaj calls it 'outstanding' in long-term
Fp Staff •The government slashed corporate tax to 22% without exemptions or incentives for domestic and new manufacturing companies
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
Mahindra & Mahindra lays off 1,500 temporary workers, says fiscal stimulus needed to tide over slump in auto sales, arrest job losses
Fp Staff •
M&M plans to roll out three new electric vehicles; with 'tectonic shift' in auto industry, time ripe for shift, says Anand Mahindra
•The task of going all EVs (electric vehicles) is achievable and India has the potential to become a hub for these vehicles, said Chairman Anand Mahindra.
Mahindra Electric Mobility to invest Rs 1,000 cr by 2020 for electric vehicles
•"We are investing Rs 1,000 crore by 2020 for electric vehicles including the electric three-wheeler range - Treo and Treo Yaari vehicles," Mahindra and Mahindra MD and Mahindra Electric Chairman Pawan Goenka said
Electric vehicle segment to stabilise in India over next five years, says M&M managing director Pawan Goenka
•Speaking at the annual convention of SIAM, M&M Managing Director Pawan Goenka said with EV prices coming down and demand picking up for such vehicles, subsidy requirements would come down over a period of time
Mahindra MD Pawan Goenka took home Rs 8.70 crore while chairman Anand Mahindra drew Rs 8.03 cr in FY18
•Goenka's remuneration, which included perquisite value of ESOPs exercised, was more than group Executive Chairman Anand Mahindra, who took home Rs 8.03 crore.
Tata Sons hires HR firm to seek opinion on N Chandra's salary; here's a list of CEOs whose pay packages made headlines
Fp Staff •N Chandrasekaran was appointed Tata Sons chairman on 21 February 2017, nearly four months after Cyrus Mistry was sacked
Mahindra could be working on three separate performance electric vehicles
Overdrive •Mahindra had showcased its first ever all-electric sports car, the Halo at the 2014 Auto Expo in New Delhi, which had elicited a huge response.