End to M&M corporate rejig in sight In the hunt for a committed 18% RoE, M&M has let go off subsidiaries like SsangYong, GenZe and GippsAero. 3 years agoFebruary 12, 2023
UVs drive Mahindra & Mahindra’s auto revenue growth in Q3 Overall M&M’s auto vertical has clocked 320 basis point improvement in margin indicating better profitability and consistent revenue growth. 3 years agoFebruary 12, 2023
M&M Q3 Results: Consolidated net profit rises, SUV revenue market share at 20.6% Mahindra & Mahindra’s earnings before interest, tax, depreciation, and amortisation surged 41% Y-o-Y to Rs 2,814 crore for the quarter… 3 years agoFebruary 12, 2023
LIC, Oil India, Zomato, M&M, Hindalco, BHEL, Delhivery, HPCL, Voltas, JK Cement stocks in focus SGX Nifty hints at a negative start for benchmark indices BSE Sensex and NSE Nifty 50. LIC, Oil India, Zomato… 3 years agoFebruary 10, 2023
M&M gets Maharashtra Govt’s green signal for setting up Rs 10,000 crore worth BEV facility in Pune The investment is for setting up the manufacturing facility, development, and production of Mahindra’s upcoming Born Electric Vehicles (BEVs). 3 years agoJanuary 20, 2023
CV sales see continued momentum, all eyes on replacement demand to accelerate growth As automakers prepare to introduce vehicles to meet the BS VI phase-2 norms, the price hike in models could somewhat… 3 years agoJanuary 3, 2023
New SUV models drive growth for Auto Inc in 2022 With over 98 models across OEMs, SUVs now constitute more than 40 percent of new car sales in India. 3 years agoDecember 27, 2022
2022: a year driven by acquisitions, partnerships and JVs for Auto Inc In fact, a quick recap of 2022, sees that many new synergies took place around the megatrend of electrification. 3 years agoDecember 20, 2022
India should be more than ‘plus one’: M&M CEO Anish Shah The country has got the best talent with innovations happening across universities and has strengths in manufacturing and it should… 3 years agoDecember 16, 2022
Marquardt Group confident of double-digit growth, sees India staff strength doubling in three years The Marquardt Group is betting big on the Indian market. The company is planning new products for two-wheelers in 2023… 3 years agoDecember 13, 2022
Under Shah, M&M evolved into a leaner and core-focussed entity Roughly 20 months into his stewardship, Shah has either exited all these loss-making businesses or has reduced focus on them,… 3 years agoDecember 9, 2022
Strong replacement on the back of improved demand sees CV sales continue momentum While the CV industry may not reach record sales this year, the industry is expected to continue to see sustained… 3 years agoDecember 2, 2022
Prodding staff for settlement, not repossession: M&M Financial’s Iyer Repossession, which is used as last resort for recovery, is needed as such errant borrowers put the entire credit system… 3 years agoNovember 17, 2022
Mahindra bets on mechanisation to drive farm equipment biz, opens new plant in Pithampur The plant will manufacture farm equipment products for India as well as export to global markets in Asia, Africa, Europe… 3 years agoNovember 15, 2022
Can take back Peugeot equity if situation improves: Anish Shah On Thursday, M&M announced that Mutares, a turnaround specialist, has submitted an irrevocable binding offer to acquire 50% equity and… 3 years agoNovember 12, 2022
Mahindra to ramp up capacity by 69%, add capacity for 240,000 SUVs by 2024 With this the company’s total production capacity will increase to 5,88,000 SUVs from 3,48,000 SUVs per annum. 3 years agoNovember 11, 2022
Mahindra not looking to enter electric bus anytime soon At present, there are more than 3,049 electric buses plying in India, and in another 2 years an additional 3,000-plus… 3 years agoNovember 11, 2022
Mutares to acquire controlling stake in Peugeot Motocycles from Mahindra Peugeot Motocycles manufacturers electric and petrol two- and three-wheeler scooters. 3 years agoNovember 11, 2022
