News for 'Mahindra Group'

It's official! Khalid Jamil to lead India for 2 years

It's official! Khalid Jamil to lead India for 2 years

Rediff.com13 Aug 2025

The AIFF said Jamil has signed the contract after parting ways with ISL team Jamshedpur FC.

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

Rediff.com5 May 2025

Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.

'Markets Have Already Scaled A Wall Of Worry'

'Markets Have Already Scaled A Wall Of Worry'

Rediff.com7 Aug 2025

'From tariff tensions and border skirmishes to unrest in West Asia.' 'The worst may be behind us. But any further upmove will now have to come from earnings.'

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

Rs 10 lakh ventilators for Rs 7500? Mahindra says why not?

Rs 10 lakh ventilators for Rs 7500? Mahindra says why not?

Rediff.com26 Mar 2020

Mahindra & Mahindra on Thursday said it expects to come up with a sophisticated ventilator at just Rs 7,500, which otherwise costs up to Rs 10 lakh, as it seeks to assist in combating coronavirus pandemic. The company said it hopes to have a prototype of an automated version of bag valve mask ventilator, commonly known as Ambu bag, in three days for approval.

250,000 AI 'Experts' At India's IT Firms

250,000 AI 'Experts' At India's IT Firms

Rediff.com30 Jul 2025

'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'

'I salute every working woman': Anand Mahindra's post goes viral

'I salute every working woman': Anand Mahindra's post goes viral

Rediff.com7 Feb 2019

The Chairman of Mahindra Group may have just given us a lesson on gender equality and the reality of corporate life.

Bank stocks help Sensex gain 193 points at close

Bank stocks help Sensex gain 193 points at close

Rediff.com4 Jul 2025

From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HCL Tech, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Consultancy Services, Reliance Industries, Axis Bank and Larsen & Toubro were among the major gainers. However, Trent, Tata Steel, Tech Mahindra and Maruti were among the laggards.

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

Rediff.com8 Jul 2022

Mahindra & Mahindra (M&M) and the British International Investment (BII) have inked a pact to invest Rs 1,925 crore each in a wholly-owned subsidiary of the home-grown auto major to focus on four-wheel passenger electric vehicles. The Mumbai-based automaker and BII have executed a binding agreement to invest in the new entity -- "EV Co". According to the pact, BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation of up to Rs 70,070 crore, resulting in 2.75 per cent to 4.76 per cent ownership in the EV Co, M&M said in a regulatory filing. EV Co will focus on four-wheel (4W) passenger electric vehicles, it added.

It's Pouring Car Discounts!

It's Pouring Car Discounts!

Rediff.com18 Aug 2025

For hatchbacks and sedans, offers range between Rs 40,000 and Rs 80,000 while SUVs and multi-purpose vehicles carry benefits exceeding Rs 1 lakh.

India Inc pays rich tributes to Manmohan Singh

India Inc pays rich tributes to Manmohan Singh

Rediff.com27 Dec 2024

Singh, who opened up the economy as finance minister and served as prime minister for two consecutive terms, died on Thursday at the age of 92. "History will forever honour his pivotal role in the transformative 1991 reforms that reshaped India and opened its doors to the world.

Survey not in favour of over 60-hr work week

Survey not in favour of over 60-hr work week

Rediff.com31 Jan 2025

Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.

Not pressing panic button on rare-earth supplies: Tata Motors

Not pressing panic button on rare-earth supplies: Tata Motors

Rediff.com3 Jul 2025

'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'

What's Zuckerberg Doing In India?

What's Zuckerberg Doing In India?

Rediff.com4 Mar 2024

Business tycoons at the Ambani's pre-wedding celebrations at Jamnagar, Gujarat.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Rediff.com29 Jul 2025

Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.

Sensex ends down 176 points; IT, oil stocks drag

Sensex ends down 176 points; IT, oil stocks drag

Rediff.com9 Jul 2025

From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank were among the laggards. Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the gainers.

Mahindra to make planes, buys Aussie firm

Mahindra to make planes, buys Aussie firm

Rediff.com15 Dec 2009

Marking its foray into the aerospace segment, Mahindra group today said it plans to manufacture aircraft in the two-to-twenty-seater range and also announced acquiring majority stake in two Australian companies.

Satyam: Tech Mahindra's people challenge

Satyam: Tech Mahindra's people challenge

Rediff.com16 Apr 2009

Satyam's revenue per employee is low, but manpower rationalisation can solve only part of the problem, says Shyamal Majumdar.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

Working hours to increase from 70 or 90 hrs per week? Govt says...

Working hours to increase from 70 or 90 hrs per week? Govt says...

Rediff.com3 Feb 2025

The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.

Mahindra plans resorts abroad

Mahindra plans resorts abroad

Rediff.com23 Aug 2005

Mahindra Holidays and Resorts India Ltd, part of the Mahindra and Mahindra Group, on Tuesday said it was in the process of identifying several locations in neighbouring countries to set up resorts.

Auto industry turns on heat over ICE ban, wants ban deferred

Auto industry turns on heat over ICE ban, wants ban deferred

Rediff.com18 Jul 2025

Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.

'Business as usual': Indian firms brush off Turkiye tensions

'Business as usual': Indian firms brush off Turkiye tensions

Rediff.com10 Jun 2025

Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.

Global Chess League: Triveni Kings win second title in a row!

Global Chess League: Triveni Kings win second title in a row!

Rediff.com12 Oct 2024

Defending champions Triveni Continental Kings outclassed PBG Alaskan Knights in both final matches to secure their second successive title in the Tech Mahindra Global Chess League.

Mahindra culture curry has biz flavour

Mahindra culture curry has biz flavour

Rediff.com9 Feb 2011

"In business, personal passion should not be an indulgence, but a promise of excellence," said Mahindra, the vice-chairman & managing director of India's leading farm equipment-to-software group.

The Rs 5.96 lakh Mahindra electric car 'e2o'

The Rs 5.96 lakh Mahindra electric car 'e2o'

Rediff.com19 Mar 2013

The group also said it has plans to extend the electric mobility technology to its two-wheelers, while seeking support from the central government for pushing eco-friendly vehicles.

Sensex climbs 295 points on sustained foreign fund inflows

Sensex climbs 295 points on sustained foreign fund inflows

Rediff.com5 May 2025

From the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Eternal, Power Grid, ITC, Tata Motors, Asian Paints and Hindustan Unilever were among the gainers. Among the laggards, Kotak Mahindra Bank tanked 4.57 per cent

Mahindra lays off two-thirds of staff at its North American subsidiary

Mahindra lays off two-thirds of staff at its North American subsidiary

Rediff.com14 Jan 2021

Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.

Mahindra to sponsor Sri Lanka Premier League

Mahindra to sponsor Sri Lanka Premier League

Rediff.com9 Aug 2012

The inaugural edition of the Sri Lanka Premier League, which saw Indian business houses buying out all the seven franchises on offer, announced on Wednesday that it has roped in auto major Mahindra & Mahindra as the title sponsor.

How Kalki's Bujji Was Born

How Kalki's Bujji Was Born

Rediff.com1 Jul 2024

'Fun stuff does, indeed, happen on X.'

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

Tech Mahindra readies for big leap

Tech Mahindra readies for big leap

Rediff.com12 Jul 2013

The company has put in place a new team to scout for opportunities in new verticals and geographies in order to double revenue in two years.

Mcap club: Tata group remains No 1; Murugappa, JSW in top 10

Mcap club: Tata group remains No 1; Murugappa, JSW in top 10

Rediff.com15 Jan 2024

Tata Group remained India's largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the second-largest. The Tata companies ended 2023 with a combined group market capitalisation of Rs 28.68 trillion, up 35 per cent from the Rs 21.2 trillion at the end of December 2022. Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago.

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Top 5 family-owned biz groups see a mixed Q1; net profits up 13.9%

Rediff.com1 Sep 2023

April-June 2023 (Q1FY24) was a mixed quarter for India's top family-owned business groups. Three of the big five in terms of revenue reported a year-on-year (Y-o-Y) decline in combined net sales and two saw a Y-o-Y fall in net profits. Combined net sales of all listed companies in the five groups were up just 2.2 per cent Y-o-Y at Rs 6.6 trillion in the quarter, down sharply from the 10.3 per cent in the March 2023 quarter (Q4FY23) and 42.8 per cent in Q1FY23.

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Rediff.com22 Jul 2025

The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.

Shell deepens India market reach through Raj Petro buy

Shell deepens India market reach through Raj Petro buy

Rediff.com4 Jul 2025

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.

Anand Mahindra: 'I'm not vanishing!'

Anand Mahindra: 'I'm not vanishing!'

Rediff.com14 Feb 2020

'Family businesses have to put competent people in charge who believe they can get to the top.'
'If you don't remove the glass ceiling, you won't get the best talent.'

Who Is Khalid Jamil, the Man Tasked with Rescuing Indian Football?

Who Is Khalid Jamil, the Man Tasked with Rescuing Indian Football?

Rediff.com1 Aug 2025

Khalid Jamil's rise can't exactly be termed as meteoric but the last eight years has been nothing less than extraordinary for the 48-year-old, who on Friday took over reins of the national men's football team.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.