Mahindra Forgings on Thursday said that Anand Mahindra has resigned as its Chairman and Hemant Luthra has been elevated to the post of Non-Executive Chairman.
Investors have been concerned about M&M's diversification into non-core businesses but the company is taking the right measures to build their confidence.
Focus on the quality of work and not on the quantity, as one can change the world in 10 hours, Mahindra Group Chairman Anand Mahindra said on Saturday, joining the debate on a 90-hour work week.
In a letter to Civil Aviation Minister Vayalar Ravi, he sought permission to step down from the board of National Aviation Company of India Ltd.
Anand Mahindra, vice-chairman and managing director of Mahindra & Mahindra, has been selected for Business India's Businessman of the Year 2007 award. Anand Mahindra was selected for the award by an eminent jury chaired by Baba Kalyani, chairman and managing director, Bharat Forge.
'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.'
The Chairman of Mahindra Group may have just given us a lesson on gender equality and the reality of corporate life.
The company, however, reiterates sunny outlook on struggling two-wheeler line. It says customer satisfaction high.
By wonderful coincidence, the first UID card handed out today by the Prime Minister and Mrs Gandhi was backed by Mahindra Satyam technology, says Anand Mahindra.
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.
Anand Mahindra, vice chairman and managing director of Mahindra and Mahindra, took over as the president of the Confederation of Indian Industry on Tuesday.
Terming the coronavirus pandemic as a "crisis of a magnitude that we have never faced before", Mahindra group chairman Anand Mahindra on Thursday asked employees of the conglomerate to use the lockdown period to relook at their personal and professional way of life to prepare for the future and to serve the "post corona world". In a letter to the over two lakh employees of the group, Mahindra reiterated what he had suggested during the last global recession on how to use the "down time to Reboot, Reinvent and Reignite" through introspection of the way things are currently done and then doing them better.
With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.
Rise, the new branding initiative, is in tune with the group's growing global footprint, but experts say the real work has just begun.
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.
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
While Mahindra isn't the first person to think that building a social network out of India was a good idea, past attempts have all failed to compete with the multi-billion dollar giants Google, Facebook, Twitter, Instagram, WhatsApp and the like.
Homegrown farm equipment to aerospace major Mahindra group on Friday unveiled a new logo in line with its pursuit to become "one of the top 50 most admired global brands within a decade".
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
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.
Priced at Rs 44k and offering 85.4 kmpl, this one sure seems promising.
On Tuesday, one of the longest serving chairmen of India Inc decided to step down from his post, which he held for 49 years.
Net profit at M&M and Mahindra Vehicle Manufacturing Ltd contracted to Rs 918 crore from Rs 1,238 crore a year ago while revenue and other income decreased to Rs 12,997 crore from Rs 13,551 crore a year ago.
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.
The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.
The Mahindra Group struck up a series of high- profile deals with international aerospace players at the Air Show in Paris.
A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.
Anand Mahindra says driverless tractors could change the future of food production.
"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.
Mahindra & Mahindra, India's largest utility vehicle maker, is planning to foray into the premium car segment by bringing out a product from the Ssangyong stable.
E-mobility is only one among the several fronts on which Mahindra is waging a battle of aspirations, to future-proof the $19-billion tractor-to-technology conglomerate, says Nikhil Inamdar.
Mahindra has unveiled a new design study concept at the Auto Expo 2016.
Industrialists Anand Mahindra and Ratan Tata will co-host a power lunch for CEOs with the visiting US Treasury Secretary Timothy Geithner on April 7.
A Mahindra in every household wouldn't be realised without two-wheelers.
Through the newly created business vertical Happinest, MLDL will launch two such housing projects in Boisar near Mumbai and Avadi in Chennai.
At the 53rd annual convocation ceremony of the IIT-B, Anand Mahindra urged graduates to focus on imagination.
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