Gujarat, Telangana to roll out policies to encourage manufacturing
Mahindra & Mahindra has posted a 34.8% rise in sales for the fiscal 2003-04 at 1,15,782 vehicles as against 85,835 in 2002-03 while its SUV Scorpio at 23,976 units posted a whopping 103.3 per cent rise over the previous fiscal.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Franklin Templeton Mutual Fund, which has closed six debt schemes, has said the winding-up process will be delayed in the absence of authorisation from investors and further steps will be possible only after seeking fresh approval from them. It further said that investors who do not have an e-mail ID or mobile number registered with the fund house will not be able to participate in the voting process. The date on which the voting would start has not been disclosed yet.
Mahindra and Mahindra Ltd will reduce its debt below the Rs 600 crore (Rs 6 billion) level in the next financial year and is planning to ramp up production of the sports utility vehicle Scorpio to over 2,500 units per month shortly.
Mahindra and Mahindra expects its market share in the utility vehicle segment to substantially go up with the launch of two new products under Bolero brand, according to a company official.
Mahindra and Mahindra on Friday reported a 48 per cent rise in domestic vehicle sales in September on the back of good demand for utility vehicles and three-wheelers.
Striking workers lacked support in the Pimpri-Chinchwad-Chakan belt.
Real Kashmir FC proudly represents a region whose scars are getting a chance to be healed by the beautiful game.
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
Indian companies have made acquisitions of $1 billion so far in January
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
The industry players couldn't hide their disappointment.
India's Test vice-captain Ajinkya Rahane said criticism that the team does not play the short-ball well does not hold merit.
A United States firm has moved the Indian Supreme Court for permission to use the confessional statement of its scam-tainted joint venture partner Satyam's founder Ramalinga Raju in its shareholding dispute.
A new crop of lending agencies like Dewan Housing Finance, Gruh Finance, Micro House Finance Corporation, SEWA and Mahindra Rural Housing Finance have entered the market.
The new diesel engine powered Nissan Micra will get the same motor that powers Mahindra Logan. The 1.5-litre DCI motor is capable of generating top power of 63bhp and 16.3kgm of max torque. The trims for the diesel version of the Micra will be XV and XV Premium.
'I am very optimistic about Tech Mahindra'.
Twenty-six years after one of the worst industrial disasters in the world -- the Bhopal gas tragedy -- claimed thousands of lives, a local court found all the eight accused guilty of criminal negligence in the case.
By industry estimates, less than five per cent of the passenger car market in India would comprise electric cars over the next five-seven years, at 1,75,000 units, when the industry size would double to 3.5 million units, as against over 1.6 million in 2009.
Car sales are likely to grow further in November.
Sri Lankan President Mahindra Rajapaksa on Tuesday told the United Nations General Assembly that Colombo is concerned over the growing trend of international interference in the internal affairs of developing countries in the guise of concern for security and human rights.
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year