News for 'mahindra-&-mahindra-ltd'

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

M&M Q4 net profit rises 13.34% to Rs 3,541.85 cr

Rediff.com5 May 2025

Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.

Thar ROXX Launch: A Night to Remember

Thar ROXX Launch: A Night to Remember

Rediff.com22 Aug 2024

You see the Thar is not just a Car.... It is The Thar.

Does No One Want To Buy Cars?

Does No One Want To Buy Cars?

Rediff.com2 Jul 2024

Passenger vehicle sales are expected to experience muted growth in the current financial year.

Mahindra to open bookings for XUV700 from October 7

Mahindra to open bookings for XUV700 from October 7

Rediff.com30 Sep 2021

Mahindra & Mahindra Ltd on Thursday announced the opening of bookings for its premium sports utility vehicle XUV700 from October 7. The XUV700 will come in variants including diesel and gasoline, manual and automatic options and with 5 and 7-seater capacity. It will also be available in an optional All-Wheel-Drive (AWD) spec.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

M&M, Lockheed in strategic pact

M&M, Lockheed in strategic pact

Rediff.com21 Feb 2003

Mahindra & Mahindra Ltd said it formed only a strategic tie-up with Lockheed Martin, and that details of a working arrangement are being worked out.

M&M for sell-off of PSIDC stake in Punjab Tractor

M&M for sell-off of PSIDC stake in Punjab Tractor

Rediff.com15 Jan 2003

M&M for sell-off of PSIDC stake in Punjab Tractor

Gio Compact car launched in Kerala

Gio Compact car launched in Kerala

Rediff.com26 Apr 2011

Described as the 'most affordable' 4 wheeler Cab, the product has been developed to "change the face of intra city stage and contract carriage travel in India", Jacob Vargehse, general manager, sales strategy planning and commercial, automotive division, told reporters in Kochi.

Mahindra Bolero retains title as India's No 1 SUV

Mahindra Bolero retains title as India's No 1 SUV

Rediff.com14 Apr 2015

The Bolero has sold over 1 lakh vehicles during FY2015.

Anand Mahindra offers to resign from AI board

Anand Mahindra offers to resign from AI board

Rediff.com21 Feb 2011

In a letter to Civil Aviation Minister Vayalar Ravi, he sought permission to step down from the board of National Aviation Company of India Ltd.

'We will be a leading player in electric car mart'

'We will be a leading player in electric car mart'

Rediff.com27 May 2010

Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.

Mahindra plans compact Verito to get excise sops

Mahindra plans compact Verito to get excise sops

Rediff.com22 Aug 2011

Mahindra & Mahindra Ltd, the country's largest utility vehicle maker, will roll out a sub-four metre compact model of Verito, the rechristened Mahindra Logan, which is expected to attract only 10 per cent excise duty instead of the earlier 22 per cent. Also, it will have a lower price tag.

Pan-India auto quiz contest for engineering grads

Pan-India auto quiz contest for engineering grads

Rediff.com11 Sep 2009

Mahindra & Mahindra Ltd. (M&M) in association with NDTV Profit has announced the launch of Auto Quotient (AQ), a unique auto-related pan-India quiz contest.

GM sees no spark in REVA deal

GM sees no spark in REVA deal

Rediff.com27 May 2010

American car maker General Motors is likely to pull out of its technological partnership with REVA Electric Car Company, after domestic auto major Mahindra & Mahindra Ltd bought 55.2 per cent equity in the Bangalore-based company to stake its place in the fledgling electric vehicle market.

Mahindra Xylo at Rs 624,500

Mahindra Xylo at Rs 624,500

Rediff.com13 Jan 2009

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.

M&M employees resume work at Mohali plant

M&M employees resume work at Mohali plant

Rediff.com9 May 2014

The company, in a BSE filing, said "the matter was resolved amicably through mutual dialogues and the matter has also been withdrawn by them from the conciliation officer, Mohali."

Truckers' strike hits M&M output

Truckers' strike hits M&M output

Rediff.com26 Aug 2004

M&M to buy majority stake in US IT firm

M&M to buy majority stake in US IT firm

Rediff.com9 Feb 2004

Mahindra & Mahindra Ltd is to pick up a majority stake in US-based Bristlecone Inc, an enterprise resource planning company, through a new overseas joint venture company with an investment of up to $7 million.

M&M set to export range to Renault

M&M set to export range to Renault

Rediff.com23 Jul 2004

M&M plans $2 bn SEZ at Jaipur

M&M plans $2 bn SEZ at Jaipur

Rediff.com6 Oct 2005

Mahindra & Mahindra Ltd on Thursday announced its plans to set up a special economic zone at Jaipur entailing an investment of $2 billion.

M&M eyes German co stake

M&M eyes German co stake

Rediff.com16 Nov 2006

Automaker Mahindra & Mahindra Ltd on Thursday said it is in talks with the promoters of Germany-based Schoeneweiss & Co GmbH to acquire a majority stake

M&M to acquire 88% in Plexion

M&M to acquire 88% in Plexion

Rediff.com12 Dec 2005

Leading utility and light commercial vehicles maker, Mahindra & Mahindra Ltd on Monday said it would acquire 88.41 per cent stake in Mauritius-based Plexion Technologies, a group company of J P Morgan.

M&M slapped Rs 304 cr fine

M&M slapped Rs 304 cr fine

Rediff.com6 Apr 2005

Commissioner of Central Excise (adjudication), Mumbai, has ordered Mahindra & Mahindra Ltd to pay Rs 216.03 crore (Rs 2.16 billion) as differential duty and Rs 88.08 crore (Rs 880 million) as penalty under the Central Excise Act.

M&M may buy Valtra's tractor biz

M&M may buy Valtra's tractor biz

Rediff.com21 Aug 2003

Mahindra & Mahindra Ltd on Thursday decided to submit an offer for acquiring the tractor business of Valtra in Finland and Brazil, the company informed the Bombay Stock Exchange.

M&M acquires firepower

M&M acquires firepower

Rediff.com22 Dec 2004

M&M not to bid for stake in Punjab Tractors

M&M not to bid for stake in Punjab Tractors

Rediff.com25 Jul 2003

Mahindra & Mahindra Ltd has decided not to participate in the divestment of state-owned Punjab Tractors Ltd.\n\n\n\n

M&M raises $100 mn through FCCBs

M&M raises $100 mn through FCCBs

Rediff.com30 Apr 2004

Mahindra & Mahindra Ltd has raised $100 million through the issuance of foreign currency convertible bonds with participation from European and Asian investors.

M&M hikes Scorpio, Bolero prices

M&M hikes Scorpio, Bolero prices

Rediff.com11 Mar 2004

Mahindra & Mahindra Ltd has raised the prices of its sports utility vehicle Scorpio by Rs 6,500 and that of its multi-utility Bolero by Rs 4,500, effective March 15.

M&M loses Valtra bid

M&M loses Valtra bid

Rediff.com10 Sep 2003

Mahindra & Mahindra Ltd has lost the race to acquire the tractor business of Valtra in Finland and Brazil to US-based Agco, which had bid at euro 600 million.

M&M Q1 net zooms 450%

M&M Q1 net zooms 450%

Rediff.com28 Jul 2003

Higher volume and tight control on costs has led Mahindra & Mahindra Ltd to post a 450 per cent jump in net profit at Rs 42.5 crore.

M&M Q3 net at Rs 30.78 cr

M&M Q3 net at Rs 30.78 cr

Rediff.com29 Jan 2003

Mahindra & Mahindra Ltd has posted a net profit of Rs 307.86 million for the quarter ended December 31, 2002 as compared to Rs 243.20 million for the quarter ended December 31, 2001.

Investor wealth sinks by Rs 3.79 lakh cr in two days of market fall

Investor wealth sinks by Rs 3.79 lakh cr in two days of market fall

Rediff.com19 Jul 2019

Sluggish corporate earnings, lacklustre global markets, FPI and slowdown concerns have played spoilsport for the markets.

Reliance, Ola, Hyundai get PLI sop for manufacturingbattery

Reliance, Ola, Hyundai get PLI sop for manufacturingbattery

Rediff.com24 Mar 2022

Four companies - Rajesh Exports, Hyundai Global Motors Company, Ola Electric Mobility and Reliance New Energy - are eligible for receiving benefits under the production-linked incentive (PLI) scheme for advanced chemistry cell battery storage, the heavy industries ministry said on Thursday. The allotment was made for a total of 50 GWh of battery capacity to the four successful bidders. These firms, the ministry said, will receive incentives under India's Rs 18,100 crore programme to boost local battery cell production.

Can India achieve 9-10% GDP growth?

Can India achieve 9-10% GDP growth?

Rediff.com18 Mar 2019

Niti Aayog CEO Amitabh Kant said only farm revolution can make it possible. He also stressed on scrapping Agriculture Produce Marketing Committee and some old laws like Essential Commodites Act, which restrict movement of farm produces.

Mahindra touches new milestone, produces 50 lakh vehicles

Mahindra touches new milestone, produces 50 lakh vehicles

Rediff.com6 Jan 2015

Mahindra & Mahindra Ltd has touched 50 lakh vehicle production milestone, rolling out its 5 millionth vehicle from Kandivali plant in Mumbai.

Revealed! Mahindra's stylish SUV called TUV300

Revealed! Mahindra's stylish SUV called TUV300

Rediff.com31 Jul 2015

A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.

Mahindra launches VR augmented showrooms

Mahindra launches VR augmented showrooms

Rediff.com28 Jun 2019

Using VR headsets, customers can go on virtual tours on the automobiles, and operate almost all aspects of the XUV 500 and the Alturas G4 without even getting into the vehicle, reports Rajesh Karkera/Rediff.com

From Tata Motors to Kia, auto majors show off the future

From Tata Motors to Kia, auto majors show off the future

Rediff.com5 Feb 2020

Among the cars unveiled at the Auto Expo on Wednesday was Mahindra and Mahindra's e-KUV for Rs 8.2 lakhs ex-showroom Delhi. With a single charge range of 150 km and a 55 min fast charging upto 80 pc, it was both a head-turner and a conversation-starter.