News for '-tractors-and-farm-equipment'

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

M&M to set up first tractor plant in decade in Mohali

M&M to set up first tractor plant in decade in Mohali

Rediff.com20 Jun 2022

Mahindra & Mahindra (M&M) is setting up a greenfield tractor plant in Mohali near Punjab. Fueled by a strong domestic demand, the expansion is the first in a decade by the world's largest tractor maker. In 2012, the company had set up a facility at Zaheerabad in Telangana.

10 in fray for ONGC's top job

10 in fray for ONGC's top job

Rediff.com2 Jun 2021

Senior bureaucrats Avinash Joshi and Niraj Verma are among the 10 candidates who are in the race to become chairman and managing director of India's largest oil and gas producer, ONGC. Mangalore Refinery and Petrochemicals Ltd (MRPL) director-finance Pomila Jaspal and ONGC director for technology and field services Om Prakash Singh are the other prominent names in fray for the top job, according to a candidate shortlist by the Public Enterprise Selection Board (PESB). PESB - the government headhunter - will hold interviews to select the new head of Oil and Natural Gas Corporation (ONGC) this week. Both the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.

SBI equipment loan ban to affect tractor sales

SBI equipment loan ban to affect tractor sales

Rediff.com21 May 2008

SBI put a temporary ban on tractors and farm mechanisation loans, starting this week, citing the reason of rising overdues. SBI finances about 25 per cent of all tractors sold in India, with a finance exposure of Rs 7,000 crore (Rs billion) as of last year. The ban will remain effective for a period of two months. According to an industry expert, India witnessed sales of about 325,000 tractors last year.

Tafe offers to buy Eicher unit

Tafe offers to buy Eicher unit

Rediff.com26 Feb 2005

Tafe seals Eicher deal for Rs 310 cr

Tafe seals Eicher deal for Rs 310 cr

Rediff.com26 May 2005

Tractor and Farm Equipment Ltd will acquire the tractors, engines and gears divisions of Eicher Motors for Rs 310 crore (Rs 3.1 billion). The all-cash deal will be signed over the next 2-3 weeks.

TAFE holds on to Eicher brand

TAFE holds on to Eicher brand

Rediff.com25 Apr 2005

Govt headhunter fails to find a suitable candidate to head ONGC

Govt headhunter fails to find a suitable candidate to head ONGC

Rediff.com4 Jun 2021

Government headhunter PESB on Friday did not find anyone suitable from nine candidates, including two serving IAS officers, to head India's largest oil and gas producer, ONGC. The Public Enterprise Selection Board (PESB) interviewed 9 out of the 10 candidates who had applied for the post of chairman and managing director of Oil and Natural Gas Corporation (ONGC). "Keeping in view the strategic importance and vision for the company and its future, the Board did not recommend any candidate and decided to constitute a Search Committee," PESB said in a notice after interviews. Those interviewed included senior bureaucrats Avinash Joshi and Niraj Verma.

M&M now plans an African safari with Scorpio

M&M now plans an African safari with Scorpio

Rediff.com4 Jun 2019

M&M is keen to increase the number of factories in the Africa region and plans are afoot to have one each in Sudan and Kenya.

Respite for automakers: Tractor, two-wheeler sales rebound

Respite for automakers: Tractor, two-wheeler sales rebound

Rediff.com23 Jul 2020

A good agricultural harvest and a timely arrival of monsoon, besides a slew of government schemes, have also come as a bounty.

Why M&M will halt investment in SsangYong Motor

Why M&M will halt investment in SsangYong Motor

Rediff.com27 Jul 2020

M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.

Mahindra and Mahindra sets aggressive goals for farm equipment business

Mahindra and Mahindra sets aggressive goals for farm equipment business

Rediff.com4 Jul 2018

M&M also plans to significantly increase its play in the domestic market where it is already ahead of its rivals Tafe, Escorts, Sonalika Tractors by a wide margin

Mistry keen to see more women at top positions at TGB

Mistry keen to see more women at top positions at TGB

Rediff.com19 Jun 2013

Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.

Will independent directors back Cyrus in other Tata cos?

Will independent directors back Cyrus in other Tata cos?

Rediff.com7 Nov 2016

The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.

Married? Why should you let it affect your career?

Married? Why should you let it affect your career?

Rediff.com27 Feb 2017

Faced with a situation where the spouse's transferable job keeps taking the family to different locations, thus jeopardising their own careers, many women simply fall off their career track and resign themselves to relocation every time their husband gets transferred, says Sudha Menon.