A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).
Mahindra United staged a superb comeback to score a 2-1 win over Salgaocar in the eighth National Football League.
The Mumbai champions did well to snatch a point against the Syrian side in the in the AFC Cup football championship match.
India's top clubs were drew 2-2 with Brothers Union of Bangladesh and Turkmenistan's Merv respectively in the second round.
'The company (Mahindra Satyam) is authorised to issue and allot 19,86,58,498 (approximately 198.66 million) equity shares of Rs 2 each at the premium of Rs 2.50 to Venturebay,' said CLB Chairman S Balasubramanian, allowing Mahindra Satyam's application requesting permission to issue equity. Mahindra Satyam (earlier Satyam Computer) had moved the CLB after Venturebay failed to subscribe to 20 per cent of Satyam's shares from the open market.
Mumbai champions Mahindra United wasted several chances and had to settle for a solitary point in a seventh round match in the National Football League.
Defending champions Mahindra United were beaten by Fransa SC while former champs Salgaocar lost in the tie-breaker to Tollygunge Agragami in the Federation Cup football tournament.
Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.
Mahindra & Mahindra (M&M) and the British International Investment (BII) have inked a pact to invest Rs 1,925 crore each in a wholly-owned subsidiary of the home-grown auto major to focus on four-wheel passenger electric vehicles. The Mumbai-based automaker and BII have executed a binding agreement to invest in the new entity -- "EV Co". According to the pact, BII will invest up to Rs 1,925 crore in the form of compulsory convertible instruments at a valuation of up to Rs 70,070 crore, resulting in 2.75 per cent to 4.76 per cent ownership in the EV Co, M&M said in a regulatory filing. EV Co will focus on four-wheel (4W) passenger electric vehicles, it added.
Tech Mahindra IPO is worth subscribing as it is attractively priced
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.
The handful of spectators at the Salt Lake stadium had their patience tested as the two giants were locked goalless in the National Football League match.
Jose Ramirez Baretto scored twice from penalties to enable Mahindra United beat Fransa Pax 2-1 in the National Football league.
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.
Shailesh Jejurikar has 'always made an effort to stay close to his roots.'
The Mumbai champions lost their AFC Cup match to the Bahrain team 0-1.
On Tuesday, one of the longest serving chairmen of India Inc decided to step down from his post, which he held for 49 years.
The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.
Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.
Cristiano Junior notched his fourth goal as the defending champions won their seventh round National Football League match 1-0.\n\n
The Mumbai outfit rallied from a goal in arrears to beat Tollygunge Agragami in the National Football League.
Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.
Ednei Jose Damasio scored in the last minute to enable the Mumbai side beat ITI in an NFL match.
The boards of Mahindra Satyam and Tech Mahindra last year proposed a swap ratio of 2:17. Mahindra Satyam shareholders will get two shares of Tech Mahindra of Rs 10 each for every 17 shares they hold.
Gukesh, Erigaisi snapped up by PBG Alaskan Knights in GCL draft
Marazzo, The Innova Crysta competitor
A goal in each enabled the Mumbai champions beat Indian Bank 2-0 in a National Football League match.
The solitary point from the match took Mahindra's points tally to 13 from eight matches and JCt's to 12 in the National Football League.
Last 20 yrs have seen 4 JVs ending prematurely. What does this mean?
Mahindra United scored a goal in each half to down Vasco in a sixth round match of the ONGC I-League, at the Nehru stadium, Margao, Goa, on Saturday. Mahindra, who led 1-0 at half-time scored through Edeh Chidi (40th minute) and Sushil Kumar Singh (51st). Mahindra have six points from six matches, while Vasco remain at the bottom of the league table with one point.
Koluthugan's goal enabled the Mumbai side beat Vasco 3-2 in a sixth round match of the ninth National Football League.
Among Sensex firms, Bajaj Finance and Bajaj Finserv were the biggest gainers. Asian Paints, Larsen & Toubro, Trent, UltraTech Cement, Eternal and Adani Ports were also among the winners. However, Tata Motors, Infosys, Tech Mahindra and Axis Bank were among the laggards.
"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.
Earlier, the Scheme of Amalgamation and Arrangement was approved by the High Courts of Andhra Pradesh and Mumbai. The company then had launched Tech Mahindra as the brand identity of the merged entity.
Three years after B Ramalinga Raju, the disgraced founder and chairman of Satyam Computer, announced the project, Mahindra Satyam dropped the project and surrendered the 26 acre-land to the state government.
The Mumbai side scored once in each half to get the better of Dempo in an NFL match.
