Mahindra News - Latest Updates & Headlines
Mahindra WE Hunnar initiative expands beyond Bengaluru to empower more women
Mumbai, March 8: Mahindra Last Mile Mobility Limited (MLMML) is set to expand the Mahindra WE (Women Entrepreneurs) Hunnar initiative to multiple cities, following the success of its pilot program in Bengaluru,
Tech Mahindra strengthens US presence with new Texas headquarters
New Delhi, March 7: Tech Mahindra on Friday said that it has taken a significant step in expanding its footprint in the United States (US) with the inauguration of its new headquarters in Plano, Texas.
Tractor sales in India record double-digit rise driven by robust farm sector growth
Mumbai, March 6: With the agriculture sector recording a surge in growth during the current financial year, Mahindra & Mahindra has recorded a double-digit rise in tractor sales for the third month in a row in February.
Automakers clock robust SUV sales in India in February
New Delhi, March 1: Automakers in India on Saturday reported robust SUV sales figures for the month of February, as private consumption continued to rise amid resilient economy.
Mahindra clocks 19 pc growth in SUV sales in Feb, tractor sales also up 19 pc
Mumbai, March 1: Mahindra & Mahindra on Saturday announced that its overall auto sales for the month of February stood at 83,702 vehicles, a growth of 15 per cent, including exports.
'Viksit Bharat' goal needs a healthy population as well: Anand Mahindra
New Delhi, Feb 24: Mahindra Group Chairman Anand Mahindra and Infosys co-founder and Chairman Nandan Nilekani on Monday said that in order to build a strong economy towards the 'Viksit Bharat' goal, the country needs a healthy population as well.
India's big-ticket defense-tech move: Mahindra Group partners with US-based Anduril Industries
New Delhi, February 21: In a significant move to enhance regional security, multinational conglomerate Mahindra Group has announced a strategic partnership with US-based defence technology company Anduril Industries.
India able to manufacture affordable EVs at scale: Mahindra's Anish Shah on Tesla plans
Mumbai, Feb 18: As electric car major Tesla ramped up hiring in India after the successful meeting between Prime Minister Narendra Modi and Elon Musk in the US last week, Mahindra & Mahindra said on Tuesday that the country has the ability to not only manufacture EVs at scale but also at a lower cost.
India needs to make crowd control a national mission: Anand Mahindra
New Delhi, February 16: A day after the massive stampede at New Delhi Railway Station that took lives of at least 18 people, Mahindra Group Chairman Anand Mahindra said that India needs to make crowd control and safety a national mission.
Formula E: Kush Maini quickest for Mahindra in Jeddah Rookie Free Practice
Jeddah (Saudi Arabia), Feb 13: India's young driver Kush Maini impressed for Mahindra in the special FP0 session just for rookies at the Jeddah Corniche Circuit ahead of the season-opening race of the Formula E World Championship this weekend.
RBI lifts restrictions on Kotak Mahindra Bank from issuing credit cards, adding customers online
New Delhi, February 12: The Reserve Bank has lifted all restrictions it placed on Kotak Mahindra Bank. On April 24 last year, the RBI imposed certain business restrictions on the private lender.
Invest Karnataka 2025: A global investment powerhouse with key sessions
Bengaluru, February 9: The Government of Karnataka is set to host Invest Karnataka 2025, the state's flagship Global Investors Meet (GIM), from February 12-14, 2025, with a grand inaugural event scheduled on February 11, 2025. Spearheaded by Minister MB Patil, the summit aims to highlight Karnataka's strategic advantages in fostering innovation, industrial growth, and global partnerships, MB Patil's office said.
Invest Karnataka 2025 Global Investors Meet set to propel state's industrial growth
Bengaluru, February 8: Bengaluru is gearing up for the Invest Karnataka 2025 - Global Investors Meet (GIM-2025), a flagship event poised to bolster the state's industrial landscape.
Mahindra & Mahindra logs 20 pc net profit jump in Q3 on strong SUV, tractor demand
Mumbai, Feb 7: Mahindra & Mahindra (M&M) on Friday reported a consolidated net profit of Rs 3,180.58 crore in Q3 -- a 19.64 per cent increase from Rs 2,658.40 crore in the same quarter last year (Q3 FY24).
Retail investors increase stake in BSE Midcap stocks amid market volatility
Mumbai, Feb 6: Retail investors in India have been steadily increasing their presence in the stock market, and this trend continued in the December quarter (Q3 FY25) as well, according to BSE MidCap index's shareholding data on Thursday.
India's passenger vehicle industry to see modest 1.5 pc growth in FY25: Report
New Delhi, February 4: India's passenger vehicle (PV) industry is expected to witness low single-digit growth in FY25, with forecasts indicating a modest 1.5 per cent year-on-year (y-o-y) growth due to subdued demand, according to Nomura report.
Union Budget focused on sustained economic growth, will have positive effect: Auto industry leaders
New Delhi, February 1: The Union Budget 2025-26 has garnered a positive response from the auto industry, with industry leaders welcoming the government's "focus on long-term economic growth, manufacturing, and regulatory reforms".
Anand Mahindra applauds Coldplay's Ahmedabad concert
Ahmedabad, January 27: Indian businessman and philanthropist Anand Mahindra has expressed his admiration for Coldplay's January 26th concert in Ahmedabad.
Anand, Anuradha Mahindra shine at Sabyasachi's 25th anniversary celebration
New Delhi, January 26: Industrialist and Mahindra Group Chairman Anand Mahindra, along with his wife, Anuradha Mahindra, attended the Sabyasachi's 25th anniversary celebration on Saturday.
Kotak Mahindra Bank acquires Standard Chartered India's personal loan biz for Rs 3,330 cr
Mumbai, Jan 23: Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore.
Stock market closes in green as auto, IT, healthcare sectors lead rally
Mumbai, Jan 23: Indian stock markets traded higher on Thursday, supported by strong buying in automobile, information technology and healthcare shares after erasing initial losses.
Centre disbursed Rs 964 crore to electronics sector under PLI scheme in H1 of 2024-25
New Delhi, Jan 22: The Centre disbursed close to Rs 1,600 crore under the Production-Linked Incentive (PLI) scheme in the first half of 2024-25 with the large-scale electronics manufacturing sector getting the biggest chunk of Rs 964 crore, a senior official confirmed on Wednesday.
Indian stock indices gain on Monday, Nifty above 23,300 points
Mumbai, January 20: Domestic stock markets on Monday ended on strong note led by traction seen in the financial and banking sectors.
Indian stock market ends on positive note as US gears up for Trump 2.0
Mumbai, Jan 20: Ahead of US President-elect Donald Trump's inauguration as the 47th President amid good Q3 earnings, the Indian benchmark indices on Monday closed the day in the positive territory.
Tech Mahindra clocks 21.4 pc net profit drop at Rs 988 cr in Q3, revenue down 3.8 pc
New Delhi, Jan 17: IT and digital solutions provider Tech Mahindra on Friday reported 21.4 per cent drop in net profit at Rs 988 crore (quarter-on-quarter) in the October-December period of FY25, from Rs 1,257 crore in the same quarter last fiscal.
Tech Mahindra registers 92.6% rise in Q3 profits, revenue a marginal 1.4%
Chennai, January 17: Tech Mahindra on Friday reported that its consolidated net profit during the October-December quarter rose 92.6 per cent to Rs 983 crore. In the same quarter of last fiscal, the company reported net profit worth Rs 510 crore.
Mahindra BE 6, XEV 9e achieves highest ever 5-star Bharat-NCAP safety rating
New Delhi, January 16: Mahindra & Mahindra has made a mark with its Electric Origin eSUVs, the BE 6 and XEV 9e, securing the highest-ever 5-star safety ratings under the Bharat New Car Assessment Programme (Bharat-NCAP).
Quality of work important, not quantity: Anand Mahindra on long work hours debate
New Delhi, January 11: Weighing in on the much-debated topic of work-life balance and putting in more working hours as suggested by some corporate leaders in the recent past, Mahindra Group Chairman Anand Mahindra said he believed in the quality of work and not the quantity.
You can change the world in 10 hours: Anand Mahindra on work-life balance
New Delhi, Jan 11: Mahindra Group Chairman Anand Mahindra said on Saturday that quality of work, not the quantity, is the key towards realising the ‘Viksit Bharat’ goal, as he touched upon the ongoing debate on the work-hour balance triggered by the country's top corporate leaders.
Two-wheelers, tractor volumes to outpace passenger vehicles and trucks in FY25-27: Jefferies
New Delhi January 9: The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company."We expect 2Ws and tractors to grow at strong 13 per cent and 15 per cent CAGR respectively over FY25-27E (FY25E: 12 per cent and 6 per cent)," says the report.The report added that the volume growth of passenger vehicles and trucks segment is expected to grow at a rate ranging from 5 to 8 per cent.
Mahindra unveils its advanced EV manufacturing and battery facility at Chakan
Pune, January 8: Auto maker Mahindra unveiled its state-of-the-art manufacturing and battery assembly facility at its Chakan plant, to producing next-generation Electric Origin SUVs.
Mahindra unveils new manufacturing, battery assembly facility
Pune, Jan 8: Automaker Mahindra on Wednesday unveiled its new manufacturing and battery assembly facility at its Chakan plant, a fully integrated ecosystem dedicated to producing electric SUVs.
Mahindra launches premium pack three variants for BE 6 and XEV 9e with affordable EMI options
Pune, January 7: Mahindra & Mahindra has revealed the prices for the top-end Pack Three variants of its Electric Origin SUVs, BE 6 and XEV 9e, during its Unlimit India Tech Day event in Pune, Maharashtra on Tuesday.
Looking forward to host top industry players in Assam: Himanta Biswa Sarma
Guwahati/Mumbai, Jan 7: Assam Chief Minister Himanta Biswa Sarma on Monday said that his meeting with top industrialists in Mumbai was successful and the state government is looking forward to hosting a good number of potential investors in the upcoming investment and infrastructure summit -- Advantage Assam in Guwahati in February.
Assam CM Himanta Sarma meets Tata Trusts Chairman Noel Tata, invites him to 'Advantage Assam 2.0' Summit
Guwahati, January 5: Assam Chief Minister Himanta Biswa Sarma, on the second day of his Mumbai tour on Sunday, met Tata Trusts Chairman Noel Tata and his son Neville Tata, expressing gratitude for the Trusts' investment in Assam.
India is well positioned to more than fend for itself, it can enhance its economic potential, by seizing the opportunities: Anand Mahindra
Mumbai, January 01: In a New Year 2025 letter to employees, Anand Mahindra, Chairman of Mahindra Group, shared his optimistic vision for India and reaffirmed the core values that have guided the conglomerate for nearly eight decades.