News for 'Mahindra Group'

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

Buy dips in auto stocks amid Tesla's India debut, Trump tariffs: Analysts

Buy dips in auto stocks amid Tesla's India debut, Trump tariffs: Analysts

Rediff.com21 Feb 2025

Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. While these developments are sentimentally negative for related stocks, it may be too early to conclude the eventual impact, analysts said.

Competition in SUVs bound to hit market share: Mahindra

Competition in SUVs bound to hit market share: Mahindra

Rediff.com30 May 2013

The market shares has already tumbled to 48 per cent from the earlier 56 per cent.

Tata Group is once again India's most valuable brand

Tata Group is once again India's most valuable brand

Rediff.com7 Jun 2021

The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.

PLI scheme a signal of change in attitude to industry: Mahindra

PLI scheme a signal of change in attitude to industry: Mahindra

Rediff.com17 Nov 2020

"I took some time to explore the contours of this initiative. I don't use the term 'game-changer' too often but it's apt in this case. For me, what's much more important than the mechanics of the scheme is the dramatic shift it signals in the attitude towards industry," Mahindra said in a tweet.

Mahindra to unveil electric sport car Formula E in Feb

Mahindra to unveil electric sport car Formula E in Feb

Rediff.com30 Jan 2014

A Mahindra group firm and electric vehicle maker, Mahindra Reva will showcase its Formula E car along with a concept electric sports car at the Auto Expo starting next week.

Tesla starts hiring in India, and the jobs are...

Tesla starts hiring in India, and the jobs are...

Rediff.com18 Feb 2025

American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

Advent closes in on BT's stake in Tech Mahindra

Advent closes in on BT's stake in Tech Mahindra

Rediff.com26 Sep 2011

BT has been associated with Tech Mahindra since the latter's inception and contributes 40 per cent to the firm's revenue but it has been looking at divesting its stake.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

Tech Mahindra, Satyam team up for football WC

Tech Mahindra, Satyam team up for football WC

Rediff.com7 May 2009

TM has an agreement with the Union of European Football Associations, while Satyam has signed up with Fifa. A Satyam spokesperson said: "Tech Mahindra has been providing mobile streaming services to Uefa, besides other telecom services. The company will support us by offering its technology expertise in football. We will go together for the two World Cups." TM and Satyam's alliance on sports may not end with the World Cup and may expand to other disciplines as well.

Mahindra to launch first small aircraft in India in 2 years

Mahindra to launch first small aircraft in India in 2 years

Rediff.com21 Oct 2013

The company presently manufactures eight-seater -- GA8 utility aircraft, in its Australia-based companies Aerostaff and GrippsAero which it acquired in 2010 to get into the aviation sector.

Mahindra Gesco plans four more SEZs

Mahindra Gesco plans four more SEZs

Rediff.com22 Apr 2006

Mahindra Racing ties up with Aspar team for MotoGP

Mahindra Racing ties up with Aspar team for MotoGP

Rediff.com2 Feb 2015

Mahindra Racing, which disbanded its two-wheeler racing team from the 2015 Moto3 season, has tied up with Aspar Team to supply its bikes to other teams.

Mahindra Holidays to raise Rs 4 bn through IPO

Mahindra Holidays to raise Rs 4 bn through IPO

Rediff.com1 Oct 2008

The company plans to sell 92,65,275 equity shares of Rs 10 each for cash at a price to be decided entirely through a book-building process. The issue would constitute 11 per cent of the fully diluted post-issue paid up capital of the company. Club Mahindra Holidays plans to raise Rs 400-450 crore (Rs 4-4.5 billion) from the IPO, sources said.

Mahindra Retail plans Rs 100 cr expansion

Mahindra Retail plans Rs 100 cr expansion

Rediff.com8 Apr 2009

Mahindra Group retail subsidiary Mahindra Retail Pvt Ltd is planning to invest up to Rs 100 crore (Rs 1 billion) as part of its strategy to strengthen presence in the speciality chain 'Mom and Me'.

Tech Mahindra deposits Rs 2,910 cr for Satyam

Tech Mahindra deposits Rs 2,910 cr for Satyam

Rediff.com20 Apr 2009

IT firm Tech Mahindra on Monday deposited Rs 2,910 crore (Rs 29.10 billion) for 51 per cent controlling stake in Satyam Computer.

Power cuts a threat to India story: Mahindra

Power cuts a threat to India story: Mahindra

Rediff.com2 Sep 2014

The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.

Srikanth set to receive a swanky TUV300 from Anand Mahindra

Srikanth set to receive a swanky TUV300 from Anand Mahindra

Rediff.com25 Jun 2017

Noted industrialist and diversified business conglomerate Mahindra Group Chairman, Anand Mahindra on Sunday said he would 'personally' hand over a TUV300 to shuttler Kidambi Srikanth for winning the Australian Open Super Series title.

Mahindra Satyam buys 51% stake in Brazil's Complex IT

Mahindra Satyam buys 51% stake in Brazil's Complex IT

Rediff.com15 Feb 2013

Tech Manhindra, the parent company, expects to complete merging Satyam with itself in March.

M&M succession plan: Change of role for Anand Mahindra

M&M succession plan: Change of role for Anand Mahindra

Rediff.com21 Dec 2019

Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.

Mahindra touches new milestone, produces 50 lakh vehicles

Mahindra touches new milestone, produces 50 lakh vehicles

Rediff.com6 Jan 2015

Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.

Mahindra gets nod to sell its airplanes in India

Mahindra gets nod to sell its airplanes in India

Rediff.com19 Nov 2014

India's Mahindra group can finally start selling its airplanes in India after it got all approvals from the country's civil aviation ministry, Chairman and Managing Director Anand Mahindra said.

How Mahindra's Igatpuri factory became carbon neutral

How Mahindra's Igatpuri factory became carbon neutral

Rediff.com4 Dec 2018

The Mahindra group's Igatpuri plant becomes the first in India to be declared carbon-neutral. Ashish Narsale / Rediff.com finds out how this was achieved.

Mahindra pick foreign riders for MotoGP foray

Mahindra pick foreign riders for MotoGP foray

Rediff.com21 Jan 2011

Briton Danny Webb and German Marcel Schrotter will represent the new Mahindra teamn in the first race of the FIM Road Racing World Championship (MotoGP) at Qatar in March.

Ride A Formula E Car For Free!

Ride A Formula E Car For Free!

Rediff.com30 Aug 2023

Mumbai's Museum of Living History is truly a delight.

Mahindra, Ford to jointly develop SUVs, electric vehicle

Mahindra, Ford to jointly develop SUVs, electric vehicle

Rediff.com26 Mar 2018

Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

Mahindra eyes 5-fold jump in revenues from agri-bu

Mahindra eyes 5-fold jump in revenues from agri-bu

Rediff.com13 Jul 2009

The $6.3-billion Mahindra Group expects to grow revenues from its agri-business venture nearly eight-fold in the next five years by expanding among national and overseas retail chains, a top group official said.

Tough Time Ahead for Banking Sector?

Tough Time Ahead for Banking Sector?

Rediff.com5 Mar 2025

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Satyam merges with Tech Mahindra to create $2.4-bn firm

Satyam merges with Tech Mahindra to create $2.4-bn firm

Rediff.com21 Mar 2012

Market looks at a share swap ratio of 1:8

Gold Prices Surge. What Should You Do?

Gold Prices Surge. What Should You Do?

Rediff.com21 Feb 2025

'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'

Mahindra, Standard Chartered in JV to build residences

Mahindra, Standard Chartered in JV to build residences

Rediff.com30 Jul 2013

Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.

Make in India - a jugalbandi of IT and manufacturing skills: Anand Mahindra

Make in India - a jugalbandi of IT and manufacturing skills: Anand Mahindra

Rediff.com21 Jun 2015

The Mahindra Group struck up a series of high- profile deals with international aerospace players at the Air Show in Paris.

Sensex, Nifty settle marginally lower in volatile trade

Sensex, Nifty settle marginally lower in volatile trade

Rediff.com12 Aug 2024

From 30 Sensex firms, Adani Ports, NTPC, Power Grid, State Bank of India, Nestle, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were the biggest laggards. Axis Bank, Infosys, JSW Steel, Tata Motors, HDFC Bank and Kotak Mahindra Bank were among the gainers from the blue-chip pack.

Sensex, Nifty rise on buying in banking stocks

Sensex, Nifty rise on buying in banking stocks

Rediff.com10 Oct 2024

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.

The Mahindra Thar: Beauty and the beast

The Mahindra Thar: Beauty and the beast

Rediff.com12 Aug 2020

As Mahindra readies to unveil its latest version of the Jeep that is so beloved of adventure enthusiasts, the urban crowd as well as the countryside, Rajesh Karkera/Rediff.com traces the vehicle's journey through the decades.

Sensex rides on bluechip stocks; rises 585 points

Sensex rides on bluechip stocks; rises 585 points

Rediff.com8 Oct 2024

From the Sensex pack, Adani Ports & Special Economic Zones, Mahindra & Mahindra, Reliance Industries, HDFC Bank, Larsen & Toubro, NTPC, State Bank of India, UltraTech Cement and Kotak Mahindra Bank were the major gainers. In contrast, Tata Steel, Titan, Bajaj Finserv, JSW Steel, Bajaj Finance, Hindustan Unilever, ITC, Tata Motors and Tata Consultancy Services were among the laggards.

Mahindra ties up with Ola, eyes Rs 2,600-cr incremental revenue

Mahindra ties up with Ola, eyes Rs 2,600-cr incremental revenue

Rediff.com8 Sep 2016

If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month