Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
India's passenger vehicle sales are estimated to have surged by approximately 35 per cent to about 4.5 lakh units in August, driven by strong performances from major automakers like Maruti Suzuki India, Tata Motors Passenger Vehicles, and Mahindra & Mahindra, with the industry entering the festive season with optimism.
The company has also started scouting for land for a new plant, as it plans manufacturing capacity beyond its immediate volume requirements.
Dempo's Ranty Martins, who was top scorer with 14 goals in the National Football League, was awarded the golden boot award along with a cash prize of Rs 50,000.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
A fine show by goalkeeper Vinay Singh enabled Churchill Brothers hold the defending champions goalless.
Mahindra United clinched their maiden National Football League title after East Bengal lost to Sporting Club de Goa 1-3.
To bolster their midfield, weakened by the flight of Ivory Coast's Pierre Douhou to Pune FC, Mumbai glamour outfit Mahindra United signed up Serbian Svetozar Mijin from Romania's top division Club FC Politehnica Iasi for the upcoming football season.
The Mumbai champions beat Tollygunge Agragami in their concluding match in the National Football League.
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.
The former champions went into overdrive to rout the defending champs 3-1 in a delayed (due to the Mumbai terror attacks) 11th round I-League match at the Cooperage in Mumbai on Monday evening. Mahindra, who led 1-0 at half-time, got their goals through Mohammed Rafi (39th minute), sriker Chidi Edeh (78th) and midfielder Pierre Douhou (83rd minute).
Salgaocar Sports Club and Mahindra United played out a goalless draw in a sixth round match of the ONGC I-league at Nehru Stadium, in Margao, Goa, on Wednesday.
Mahindra United gave outgoing coach Derrick Pereira the perfect send-off by clinching the Mumbai Football League for the third year in a row with a 3-2 victory over ONGC in the concluding match at the Cooperage in Mumbai on Monday.
Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.
Mohun Bagan won 2-1 to keep their chances alive of finishing runners-up in the National Football League.
The Goan outfit's fifth win pushed them up to the fourth place in the points table in the National Football League.
Dempo Sports Club, Goa beat Mahindra United 2-0 in their opening league match of the eighth National Football League.
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.
Mahindra United scored twice in the second half to blank Chirag United 2-0 in a 13th round encounter of the ONGC I-league at the Yuva Bharati Krirangan in Kolkata on Sunday. The Mumbai side drew first blood through Steven Dias and then settled the issue through Edeh Chidi, as the local side failed to convert their few chances.
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
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
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.
Chidi Edeh scored the all-important goal and took JCT to fourth on the NFL table, behind Churchill Brothers, who whipped Mohd Sporting 4-1 in another match.
The Goa team scored a 5-1 victory over the Mumbai champions in the I-League to prove that their Durand Cup triumph was no fluke.
Electric passenger vehicle retail sales in India surged by 81.2 per cent to 26,682 units in May, with Tata Motors leading the segment, while electric two-wheeler sales also saw a substantial 62.76 per cent increase, according to the Federation of Automobile Dealers Associations (FADA).
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.
Despite being reduced to tean men, ITI rallied to hold Mahindra 1-1 in the National Football League.
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.
The Mumbai champions lost their AFC Cup match to the Bahrain team 0-1.
Mahindra United on Thursday fired their coach Derrick Pereira after the team finished fifth in the recently-concluded I-League. The official word from the Mahindra United camp is that Pereira, who served the club for four years, opted out due to some personal reasons.
Sushant Mathew's goal enabled the Mumbai side snatch a 1-1 draw with the Bahrain giants in the AFC Cup football tournament.
With a lacklustre workmanship on display, East Bengal on Friday escaped with a 1-1 draw against Mahindra United in a Round VII enocounter of the ONGC I-League at Yuba Bharati Krirangan at Salt Lake in Kolkata.
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.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
An injury time goal by Yusif Yakubu guided Mahindra United to a solitary goal victory over New Radiant of Maldives in their Group 'E' home match of the AFC Cup tournament, at the Nehru stadium in Margoa, Goa, on Tuesday.
Abhishek Yadav's goal enabled the defending NFL champions beat Air India in their concluding match and finish on top.
The Mumbai teams undoubtedly took the honours in the third round of matches.
The former India defender and coach of Goa's Vasco Sports club replaces Syed Nayeemuddin.
Mahindra United fought back from two goals down to hold East Bengal in an eighth round match.
