Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
Indian chess prodigy Divya Deshmukh, an Arjuna Award recipient, is set to make her debut in the Tech Mahindra Global Chess League Season 4 with defending champions Alpine Pipers. She will join a star-studded team including Magnus Carlsen, Anish Giri, and Vidit Gujrathi, expressing excitement for the rapid chess format and playing in front of a home crowd.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.
Nyck de Vries secured a maiden victory for Mahindra Racing in the Monaco E-Prix, marking their first win in nearly five years.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
Bengaluru is set to host a FIDE-rated Rapid Chess tournament featuring up to 1000 players, serving as a prelude to Season 4 of the Tech Mahindra Global Chess League (GCL). The tournament offers a Rs 4 lakh prize purse and a chance for participants to experience the build-up to the GCL, which will feature top chess stars like Magnus Carlsen and Viswanathan Anand.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.
Described by Mahindra as a vehicle with "no excess" and "no ornamentation," this machine is a stark departure from the polished SUVs found on Indian roads. Instead, it is a high-capability tool engineered for the most punishing environments on Earth.
Indian stock market benchmark indices Sensex and Nifty recorded their second consecutive day of decline, with the Sensex dropping 555.23 points and the Nifty falling 144.05 points, primarily due to rising crude oil prices and ongoing US-Iran hostilities in West Asia.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices, escalating US-Iran hostilities, and renewed concerns over a potential US interest rate hike.
The Maharashtra Food and Drug Administration (FDA) has suspended the licences of popular Mumbai restaurant Cafe Mondegar and three other food establishments due to serious food safety and hygiene violations. This action is part of an intensified crackdown by the FDA, which also saw inspections of 38 establishments, seizure of substandard food products worth over Rs 15 lakh, and action against banned gutkha products totalling Rs 1.35 crore in seized goods and vehicles across Maharashtra.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.
Indian benchmark equity indices, Sensex and Nifty, opened higher on Monday, driven by strong buying in blue-chip stocks like HDFC Bank and Infosys, despite persistent geopolitical tensions and elevated crude oil prices.
Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.
'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.
In the Global Chess League, Ganges Grandmasters ended FYER American Gambits' winning streak with a 9-7 victory, moving to second place. Defending champions Alpine APL Pipers secured their second consecutive win, defeating Ganges Grandmasters 11-6. Key players like Polina Shuvalova, Ian Nepomniachtchi, Vidit Gujrathi, and Koneru Humpy delivered crucial performances, while Magnus Carlsen showcased his endgame prowess with a draw against Nepomniachtchi. PBG Alaskan Knights also registered a comfortable win against CheQ Mumba Masters.
In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.
Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.
Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.
Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.
Indian benchmark indices, Sensex and Nifty, experienced significant declines, with the Sensex falling 493 points and the Nifty dropping for the sixth consecutive day, primarily due to elevated crude oil prices reaching USD 91 per barrel and diminishing hopes for a diplomatic resolution in West Asia.
The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.
