India's Mahindra group can finally start selling its airplanes in India after it got all approvals from the country's civil aviation ministry, Chairman and Managing Director Anand Mahindra said.
The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.
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.
The Phagwara outfit rallied to score a 2-1 victory in the National Football League.
A steady climb in volumes has helped the company double its market share in the segment to 5 per cent in the first six months of the financial year from the year-ago period and it has now set its sights on a 10 per cent share in the next two years.
Abhishek Yadav's goal a minute from time earned Mahindra a 2-2 draw in the National Football League.
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.
Mumbai-based utility vehicle and tractor maker Mahindra & Mahindra is interested in buying stakes in beleaguered South Korean sports utility vehicle manufacturer SsangYong Motor Company.
The company plans to launch a slew of models in the domestic as well as overseas markets in the coming year.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
With the Thar, M&M has come full circle. In a market where every other vehicle has an SUV tag, the company plans to stick to its core competence of making rugged, true-blue, all-terrain SUVs, and marks a fresh beginning for the 75-year-old firm that enjoyed an indomitable position in the SUV segment till 2012, reports Shally Seth Mohile.
Mahindra & Mahindra, Bharti Airtel, Tata Consultancy Services, Infosys, ICICI Bank, and ITC were the biggest laggards. Foreign portfolio investors (FPIs) offloaded equities worth Rs 4,294.69 crore on Friday, according to exchange data.
Mohammed Rafi and Murritala Ali scored two goals each to guide Mahindra United to a convincing 4-1 win over defending champion Churchill Brothers in the 14th round of the I-League football tournament played at Nehru Stadium in Margao on Wednesday.
The car will compete with Maruti Swift and Honda Amaze.
Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.
Viva Kerala put up a spirited display against Mahindra United to earn a 1-1 draw in a seventh round I-League encounter at the Cooperage in Mumbai on Friday. Wisoot Bunpeng (29th minute) and Mohammad Rafi (54th) were the scorers for Viva Kerala and Mahindra United respectively.
The new model RX6 will be an addition to the existing model range of Rexton which has received a very good response in India.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
With Mahindra United disbanding their team, Vasco Sports Club, who finished third behind HAL and ONGC in the second division, should be promoted to the elite first division of the I-League for the coming season, says Goa Football Association secretary Savio Messais.
Mahindra & Mahindra (M&M) on Monday said its loss-making South Korean arm SsangYong Motor Company (SYMC) has filed for bankruptcy. The SYMC has filed an application for commencement of rehabilitation procedure with the Seoul Bankruptcy Court under the Debtor Rehabilitation and Bankruptcy Act of South Korea, M&M said in a regulatory filing. The troubled automaker has also applied for an autonomous restructuring support (ARS) programme which is a court designed process, it added.
IT firm Tech Mahindra on Monday deposited Rs 2,910 crore (Rs 29.10 billion) for 51 per cent controlling stake in Satyam Computer.
TM has an agreement with the Union of European Football Associations, while Satyam has signed up with Fifa. A Satyam spokesperson said: "Tech Mahindra has been providing mobile streaming services to Uefa, besides other telecom services. The company will support us by offering its technology expertise in football. We will go together for the two World Cups." TM and Satyam's alliance on sports may not end with the World Cup and may expand to other disciplines as well.
From the Sensex pack, Zomato, IndusInd Bank, NTPC, Infosys, HCL Technologies, Titan, Power Grid, Hindustan Unilever, Tech Mahindra and ITC were among the gainers. On the other hand, Reliance Industries, Nestle India, Tata Motors, Adani Ports, Tata Steel, UltraTech Cement and Kotak Mahindra Bank were the laggards.
The market shares has already tumbled to 48 per cent from the earlier 56 per cent.
Board, audit panel to meet on September 4.
Shanti Ekambaram, president of consumer banking at Kotak Mahindra Bank, talks about her success mantras, career and money management lessons she learnt, work-life balance for working moms and what India's youth should aspire for.
Sporting Clube de Goa fought back strongly in the second half to beat Mahindra United 3-2 and kept their hopes of avoiding relegation alive in a round 24 I-League match at Nehru Stadium in Margao on Tuesday.
The new Mahindra Verito will face stiff competition from Maruti Swift Dzire and Toyota Etios.
From the Sensex pack, Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, Hindustan Unilever, Sun Pharmaceuticals, Adani Ports & SEZ, Axis Bank, Tata Consultancy Services, Titan and Bajaj Finance were the major gainers. Tech Mahindra, Kotak Mahindra Bank, Zomato, Tata Motors, and IndusInd Bank were the laggards.
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.
Investors' wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said.
India's fifth largest software services firm Tech Mahindra on Wednesday posted a marginal rise in net profit at Rs 719.7 crore (Rs 7.19 billion) for the quarter ended September 2014 on the back of growth in manufacturing and telecom verticals.
Homegrown auto major Mahindra & Mahindra is recalling around 23,000 units of a select variant of its popular sports utility vehicle Scorpio to rectify faulty pressure regulating valves.
Satyam Computer on Thursday said its new owner Tech Mahindra's stake will go up to 50.42 per cent in the company following a preferential allotment of over 19.86 lakh shares.
From the 30 Sensex pack, ICICI Bank climbed 3 per cent after the private sector lender posted a 14.5 per cent growth in standalone profit to Rs 11,746 crore for the second quarter ended September 2024. JSW Steel, Mahindra & Mahindra, Adani Ports, Tata Steel, Sun Pharma, Hindustan Unilever, Tata Motors and State Bank of India were the other big gainers from the pack.
An injury time goal by Climax Lawerence helped Dempo hold a ten-man Mahindra United to a 2-2 draw and take a point from the fourth round I-League match, at the Nehru stadium, in Margao, Goa, on Friday.
Dempo have their tasks cut out when they meet Mahindra United in a fourth round encounter of the I-League football championship at Nehru Stadium in Fatorda, Panaji.
The diesel hatch is expented to be priced at Rs 5.3 lakh.
Muritala Ali scored a fine brace as Mahindra United beat East Bengal 3-2 to register their first victory in the I-League at the Cooperage in Mumbai on Wednesday.
From the Sensex pack, Bharti Airtel, Titan, Tata Consultancy Services, Hindustan Unilever, Infosys, Nestle, Reliance Industries, Mahindra & Mahindra, HDFC Bank and Tata Motors were the biggest gainers. However, IndusInd Bank, Bajaj Finance and UltraTech Cement were the laggards.
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