Terming the calls for imposing additional tax on diesel vehicles as "retrograde", homegrown auto major Mahindra & Mahindra today said such a move will only further impede growth of the industry which has had a difficult year in
Auto major Mahindra & Mahindra today said it will introduce a smaller version of its multi-purpose vehicle Xylo by Diwali this year as it aims expand its customer base in the country.
Mahindra & Mahindra is the latest company to have disappointed the Street. In the prevailing environment, the company has found it tough to grow net profit, even as revenues have grown at a steady clip.
Mahindra & Mahindra Ltd , a utility vehicles maker, reported a bigger-than-expected 9.9% fall in quarterly profit, as rising commodity costs put pressure on margins.
Mahindra and Mahindra (M&M) has dipped 5% to Rs 674 on reports that the Income Tax Appellate Tribunal has ordered Mahindra Intertrade, a M&M subsidiary, to pay Rs 3.6 crore penalty for concealing income and furnishing inaccurate details about
Buoyed by the influx of bookings for its newly-launched global sports utility vehicle (SUV) – XUV500 – Mahindra & Mahindra (M&M) is looking at scaling up the production capacity of the all-wheel drive vehicle at its Chakan plant near
Auto major Mahindra & Mahindra today said it would reopen bookings for its latest SUV model XUV500, for a limited period of 10 days starting January 25 after suspending it last year due to overwhelming response.
As part of the changes, Pravin Shah, the current head of international operations of automotive and farm equipment sectors (AFS) would take over as the chief executive of the automotive division, the group said in a statement.
As part of the changes, Pravin Shah, the current head of international operations of Automotive and Farm Equipment Sectors (AFS) will take over as the Chief Executive of the automotive division, the group said in a statement.
Mahindra and Mahindra has gained 3% to Rs 671 on reports that the company plans to double production capacity of its indigenously developed sports utility vehicle, the XUV500, to expand presence in European and Australian markets.
Mahindra & Mahindra, has planned to double production capacity of its indigenously developed sports utility vehicle, the XUV500, to expand presence in European and Australian markets.
Auto major Mahindra & Mahindra today said its heavy commercial vehicle making joint venture Mahindra Navistar would start exporting trucks to South Africa within next two years.
Regretting the lack of trust by people on corporates across the world, Mahindra & Mahindra Vice-Chairman and Managing Director Anand Mahindra says his farm equipment-to-aerospace group would rather strive to be among the most trusted global brands
Mahindra Lifespace Developers, the realty arm of the $14.4-billion Mahindra Group, is setting its foot in Hyderabad, its fifth market in the country, with a one-million sq ft residential project involving an investment of Rs 250 crore.
Homegrown auto major Mahindra & Mahindra will be unleashing six new vehicles, including a compact sports utility vehicle and a shorter version of its sedan Verito, by the end of the next fiscal.
Auto major Mahindra & Mahindra today said it will invest over Rs 800 crore to develop a joint platform for two products with its Korean subsidiary SsangYong Motor over the next 3-4 years.