Mahindra & Mahindra gets the biggest impact of the Supreme Court's ban on sale of vehicles in Delhi with diesel engines bigger than 2,000cc.
The private consortium would invest more than Rs 1,200 crore over the next five years to launch a constellation of 12 state-of-the-art Earth Observation satellites equipped with panchromatic, multispectral, hyperspectral, and microwave SAR (synthetic aperture radar) sensors.
State-run Hindustan Aeronautics Limited has won a bid under which it will receive technology from the Indian Space Research Organisation for the end-to-end commercial production of the Small Satellite Launch Vehicle (SSLV), a first for the industry as India seeks to become a global hub for small satellite manufacturing and launches.
India took another leap in space infrastructure with the foundation stone laid for a new launch pad at the country's second rocket port in Kulasekarapattinam.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
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.
Pawan Goenka did not offer any details on the new models or launch dates.
According to the Society of Indian Automobile Manufacturers, total sales of vehicles across categories registered a growth of 13.40 per cent to 13,70,786 units in May, as against 12,08,820 units in the same month last year.
'There is a need for a national task force with a singular objective to increase automotive exports.'
Mahindra & Mahindra on Friday launched new models of its sport-utility vehicle Scorpio and cut its price ranging from Rs 34,000-70,000.
The demand for diesel cars, which account for 58 per cent of passenger vehicle sales in India every month, has seen a steep rise, as manufacturers continue to introduce variants that have diesel engines.
The money will be used to develop products jointly.
The vehicle will be produced at Mahindra Reva's recently inaugurated plant in Bengaluru, the company said.
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
Tracing the development of the Mahindra XUV 500, the company's first four-wheeler to be fully styled in India.
The market shares has already tumbled to 48 per cent from the earlier 56 per cent.
Mahindra to replace ageing models with new ones, especially the popular XUV500.
The government has asked SIAM members, to provide fresh data which will provide an indication about the diesel vehicle demand in the country.
An expected drop in sales may prompt Mahindra & Mahindra to cut scheduled capacity expansion plans, if the government goes ahead with the imposition of additional tax on diesel vehicles, according to the country's biggest maker of sports utility vehicles.
Utility vehicles maker, Mahindra and Mahindra (M&M), is considering reinstating the entire staff laid off by South Korean sports utility vehicle (SUV) manufacturer Ssangyong Motor Co in the next two to three years, according to M&M president (automotive and farm equipment sectors) Pawan Goenka.
Auto major Mahindra & Mahindra on Wednesday said it will hike prices of some of its models by 1-2 per cent soon to offset increasing input costs and inflation.
India's largest utility vehicle maker is also planning to take it own products to the Korean market next year, said Pawan Goenka, M&M president, automotive and farm equipment sector.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
Mahindra & Mahindra is one of India's leading auto makers.
Mahindra plans to launch 8-10 products, including a premium sports utility vehicle, across various segments by March 2012
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
Mahindra & Mahindra, the country's biggest utility vehicle maker, is re-considering plans to sell French carmaker Renault's vehicles through its own distribution network after pulling out of a joint venture agreement in January.
In an increasingly global business world, where teams work across borders, understanding different work cultures is the key to success.
M&M is in the final stages of acquiring troubled South Korean automaker Ssangyong Motor Company.
Mahindra & Mahindra on Wednesday said it will look at sharing vehicle platforms with that of South Korean company SsangYong Motor, the acquisition of which it expects to complete by December.
XYLO (pronounced Zy-lo) is an indigenous vehicle made by the Mahindras under the project Ingenio. The vehicle has gone through testing in India and other countries.
The micro-hybrid technology enables vehicle engine to turn off automatically when idle or in neutral gear. The engine restarts once the clutch is pressed.
The Society of Indian Automobile Association on Monday wondered what additional information customers will get from a proposed 'star rating' of cars based on fuel efficiency, although it insisted that the industry was not opposed to any such move.
Mahindra could not provide details of where the plant would be located in South Africa and how much would be invested on it, but merely indicated that a feasibility study had been completed.
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.
India's largest sport utility vehicle maker Mahindra & Mahindra's plan of launching its vehicles in the US has suffered a delay of almost 12 months following clearance awaited from the US homologation department.
"We have hiked prices last week by 1.5 to 2 per cent on all our vehicles due to higher commodity costs," Mahindra and Mahindra President (Automotive and Farm Sectors) Pawan Goenka said.
He said over ten global launches and a total 50 new launches, which includes variants of different existing models, will be held during the expo.
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