'This case is not a good example of intellectual property strategy for either sector.'
Finance, ICICI Bank, Mahindra &h Mahindra, Kotak Mahindra Bank and Titan were among the gainers. Bharti Airtel, Adani Ports, Tech Mahindra, Reliance Industries, Axis Bank, Larsen & Toubro were the laggards.
From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.
Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai and MG Motors are gearing up to introduce EVs in India.
According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.
In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.
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.
Mahindra Satyam and Tech Mahindra together have Global Delivery Centres in Shanghai and Nanjing.
Mahindra & Mahindra (M&M) on Friday launched the all-new version of its sports utility vehicle Thar, priced between Rs 9.8 lakh and Rs 13.75 lakh (ex-showroom). The company has introduced the model in two trims, AX and LX, with both petrol and diesel powertrain options.
From the 30-share Sensex pack, UltraTech Cement, JSW Steel, Adani Ports, Tech Mahindra, Titan, Maruti, Mahindra & Mahindra, Tata Steel and Reliance Industries were the biggest gainers. NTPC, Hindustan Unilever, Kotak Mahindra Bank, IndusInd Bank and Larsen & Toubro were among the laggards.
'One year on, it's worked reasonably well. It's been a rewarding journey but the journey has no finish line.'
Satyam Computer, which has been acquired by Tech Mahindra and rebranded as Mahindra Satyam, is likely to get a new chief financial officer (CFO) by the first week of July.
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 Satyam on Thursday said it has signed a five-year multi-million dollar deal with UK-based GlaxoSmithKline to provide SAP and other critical systems support.Satyam has been working with GSK since 2002 in providing IT application development and support services, Mahindra Satyam said in a statement.
The Chairman of Mahindra Group may have just given us a lesson on gender equality and the reality of corporate life.
Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.
The Nigerian duo of Odafe Onyeka Okolie and Chidi Edeh hogged the limelight for Churchill Brothers and Mahindra United respectively as both teams got off to winning starts in the Federation Cup football tournament. Odafe inspired a 10-man Churchill to a 2-1 win over Mohammedan Sporting, while Mahindra United blanked a hapless Hindustan Aeronautics Limited 3-0.
Auto major Mahindra has ambitious plans for its electric cars project, that include ramping up its output to 60,000 units a year, high-end electric powertrains, and 380 to 650 volt battery systems.
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.
Anand Mahindra says driverless tractors could change the future of food production.
India and the United States are in discussion for supply of 145 M777A2 LW155 howitzers for the Indian Army, it said.
Mahindra Racing will enter the new Formula E electric racing series next year with ex-Formula One racer Karun Chandhok set to drive for what will be the only Indian team on the grid.
Chirag United rallied splendidly from a goal in arrears to beat fancied Mahindra United 3-1 and hand them their second successive defeat in as many matches in the I-League football tournament at the Cooperage in Mumbai on Saturday.
Mahindra & Mahindra is in talks to buy a majority stake in Pininfarina.
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23.
Speaking to reporters after the board meeting of Mahindra Satyam in New Delhi, Tech Mahindra CEO Vineet Nayyar said, "It (restatement of accounts of Mahindra Satyam) is likely to be completed by the end of the year (2009)".
From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the biggest gainers. However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among the laggards.
Selected applicants will receive a monthly stipend of Rs 4,500 from the government and an additional Rs 500 from participating companies as a part of the Prime Minister Internship Scheme (PMIS) 2025.
According to sources, engineering major L&T had also put in its bid to acquire control of the Hyderabad-based company, while Cognizant has not put in a bid.
Four years after entering Formula E racing, Mahindra comes out with a racing car designed for the e-racing circuit. Rajesh Karkera/Rediff.com reports.
How an Indian company plans to woo America's heartland with its fuel-efficient SUVs and pickups.
IT firm Satyam Computer on Tuesday said its new owner Tech Mahindra has completed the process for acquiring 31 per cent stake in the company.
The company management gave into the Union's demand of reinstatement of the suspended workers after the intervention of Shiv Sena president Uddhav Thackeray, who had a meeting with a senior Mahindra Group official on Saturday, a Union leader said on Monday.
"I took some time to explore the contours of this initiative. I don't use the term 'game-changer' too often but it's apt in this case. For me, what's much more important than the mechanics of the scheme is the dramatic shift it signals in the attitude towards industry," Mahindra said in a tweet.
Malsawmtluanga Shylo scored twice as Salgaocar rallied to hold Mahindra United to a 2-2 draw in an I-League football match in Mumbai on Wednesday.
Bajaj Finserv, IndusInd Bank, Adani Ports, UltraTech Cement, Bajaj Finance, Tata Consultancy Services, Infosys, Bharti Airtel, Hindustan Unilever and JSW Steel were the other big laggards.
From the 30-share Sensex pack, Mahindra & Mahindra, Infosys, HCL Technologies, Adani Ports, Bajaj Finance, Tech Mahindra, Titan, Tata Consultancy Services, Reliance Industries and Power Grid were among the laggards. On the other hand, State Bank of India was the only gainer.
Mahindra United beat Sporting Clube de Goa 5-3 on penalties while Salgaocar SC upset fancied JCT 2-1.
Through the newly created business vertical Happinest, MLDL will launch two such housing projects in Boisar near Mumbai and Avadi in Chennai.
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