Sukhminder Singh's 52nd minute strike helped Mahindra United score a solitary goal victory over JCT in the ONGC I-League fourth round match at the Guru Nanak Stadium in Ludhiana on Saturday. This was Mahindra's first win in this year's I-League helping them jump off the bottom with three points in four games, while JCT with seven points from four matches slipped to fourth.
Mahindra & Mahindra on Friday launched new models of its sport-utility vehicle Scorpio and cut its price ranging from Rs 34,000-70,000.
Odafe Okolie's double strike in the second half gave Churchill Brothers a 2-1 victory over Durand Cup champions Mahindra United in their opening match, in the ONGC I-League at the Nehru stadium, Fatorda, Goa, on Saturday.
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.
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).
Global Vehicles, which had entered into an exclusive agreement to sell Mahindra's pick-up trucks in the US, in a law suit filed before an Atlanta District Court, alleged that there has been inordinate delay in launch of the truck.
Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.
Mohun Bagan bounced back into the reckoning after registering their fifth win on the trot by prevailing over Mahindra United 1-0 in an ONGC I-league match at the Yuba Bharati Krirangan in Kolkata on Monday.
Among Sensex shares, Maruti, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance, Tata Motors, IndusInd Bank, Asian Paints, Power Grid, HDFC Bank and Axis Bank advanced. Tata Steel, Adani Ports, Zomato, HCL Tech, State Bank of India, Hindustan Unilever and Tech Mahindra were among the laggards.
Mahindra United have an opportunity to avenge their Durand Cup defeat to Churchill Brothers when the two teams clash in an I-League football tie on Thursday
A solitary goal by Brazilian striker Jose Barreto helped Mohun Bagan beat Mahindra United 1-0 in their ninth round match of the ONGC I-League and keep their title hopes alive in Kolkata on Saturday.
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.
Among Sensex shares, Zomato, NTPC, Adani Ports, ICICI Bank, State Bank of India, Reliance Industries, Mahindra & Mahindra, Bajaj Finance, Tech Mahindra and Axis Bank were the major laggards. UltraTech Cement and HCL Technologies were the only gainers.
Mahindra Holidays & Resorts plans to have close to 5,300 rooms in the next 3- 4 years from the current 3,700 rooms.
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.
From the 30 blue-chip Sensex pack, Tech Mahindra, IndusInd Bank, Axis Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, State Bank of India, Tata Consultancy Services, UltraTech Cement and Reliance Industries were the biggest laggards. In contrast, JSW Steel, Nestle and Titan were the gainers.
Mahindra United outsmarted Air India 2-0 in their NFL tie at the Cooperage ground in Mumbai.
Enhancing its product portfolio in the Latin American market, homegrown auto major Mahindra & Mahindra launched its sports utility vehicle Scorpio SUV in Chile.The Scorpio, M&M's second product to be launched in Chile after the Mahindra Pik Up Double Cab, has been introduced in the country in partnership with Fortaleza of the Automotores Gildemeister Group.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
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.
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.
Gurnani succeeds A S Murthy who was appointed by the government board after the multi-crore rupee scam broke out in then Satyam Computer Services. Gurnani has been heading the global operations of Tech Mahindra.
10-man Churchill Brothers fought valiantly but had to be content with a 1-1 draw against Mahindra United in the last of the quarter-final group league matches at the Ambedkar Stadium in New Delhi on Tuesday. Reisangmi Vashum beat Mahindra goalkeeper Mahindra United Amit Nandi as early as the eighth minute to give Churchill the lead. Churchill Brothers held on to the lead till the 75th minute, when Edeh Chidi scored the equaliser.
"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.
From the 30-share blue-chip pack, ITC Hotels, IndusInd Bank, Mahindra & Mahindra, Sun Pharma, UltraTech Cement and NTPC were among the biggest gainers. Titan, Kotak Mahindra Bank, Nestle, Asian Paints, HCL Tech and ICICI Bank were among the laggards.
Company has received orders for 20-25 GA8s from China and hopes to deliver at least two planes before the year-end.
Auto major Mahindra & Mahindra said it has decided not to acquire the over 95 per cent stake in the beleaguered PSU firm Scooters India at present, as it has "various things" to do.
Mahindra & Mahindra on Saturday said it has decided to rename its new electric vehicle brand as 'BE 6' but noted that it will continue to contest strongly in court with InterGlobe Aviation for the trademark 'BE 6e'. InterGlobe Aviation, which owns IndiGo airlines, has taken the automaker to court over the usage of 6E in its new EV brand.
From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the major laggards. Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra were the gainers.
Mohun Bagan won 2-1 to keep their chances alive of finishing runners-up in the National Football League.
Mahindra United scored a 5-0 win over Mohammedan Sporting in the NFL on Friday
The deliveries of petrol variants will start from October 30 while that of diesel trims from the last week of November. The company said it has garnered 65,000 bookings of XUV 700 in two weeks of commencing the process.
The XYLO is perhaps the most complete car with luxury comforts to enter the Indian market with everything that today's sedans offer and much more.
Eicher had announced in July this year that it was interested in an alliance or a strategic partnership to become a full-range commercial vehicle player. It currently makes light and medium trucks. MIL makes only heavy trucks.
'Keeping a bench increases cost. If you keep a bench, the skills may not remain relevant.' 'In the future, bench strength will literally be zero.'
Live telecast from the launchpad of the most discussed XUV.
The Mumbai outfit beat Sporting Clube de Goa via the tie-breaker to make the grade.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
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