News for 'mahindra'

Will Nirmalji's 7th Budget boost the markets?

Will Nirmalji's 7th Budget boost the markets?

Rediff.com21 Jul 2024

The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for.

Sensex sheds 109 points at close; metal, bank stocks major drag

Sensex sheds 109 points at close; metal, bank stocks major drag

Rediff.com25 Jul 2024

Nestle, Titan, ICICI Bank, Tata Steel, IndusInd Bank, ITC, JSW Steel and State Bank of India were the other laggards. Among the gainers, Tata Motors jumped nearly 6 per cent. Larsen & Toubro, Sun Pharma, Kotak Mahindra Bank, Bajaj Finance and Power Grid also ended in the positive territory.

IT Firms Cautious On Salary Hikes

IT Firms Cautious On Salary Hikes

Rediff.com26 Sep 2024

The good news is that salary hikes are expected, though it is uncertain when they will be implemented.

After breaching 75,000, Sensex settles 59 pts lower

After breaching 75,000, Sensex settles 59 pts lower

Rediff.com9 Apr 2024

From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra, IndusInd Bank, UltraTech Cement, Wipro and ITC were the major laggards. ICICI Bank, Infosys, Bajaj Finserv, Tata Steel, Axis Bank, Bajaj Finance, Nestle and Mahindra & Mahindra were among the major gainers.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

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.

Sensex, Nifty climb on firm trend in global markets

Sensex, Nifty climb on firm trend in global markets

Rediff.com24 Apr 2024

From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank, UltraTech Cement, NTPC and Bajaj Finance were the major gainers. Tata Consultancy Services, Tech Mahindra, Maruti, Reliance Industries and Titan were among the laggards.

Olympiad gold-medallist Vantika's next big move!

Olympiad gold-medallist Vantika's next big move!

Rediff.com12 Oct 2024

Vantika Agrawal, 21, is aiming to become a Grandmaster, which could happen as early as next year.

'Sometimes I don't even look at the Chess board': Praggnanandhaa

'Sometimes I don't even look at the Chess board': Praggnanandhaa

Rediff.com28 Sep 2024

Playing chess all year round can take a huge toll on the physical and mental aspects of a player and Grandmaster R Praggnanandhaa acknowledged that sometimes he has to completely take his mind off the sport to prepare for the upcoming challenges.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

British firm to invest up to Rs 1,925 cr in Mahindra's EV biz

Rediff.com8 Jul 2022

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.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Investors become poorer by Rs 9.51 lakh cr as markets crash

Investors become poorer by Rs 9.51 lakh cr as markets crash

Rediff.com5 Aug 2024

Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers. The 30-share BSE benchmark tanked 2,401.49 points to 78,580.46 in early trade. Following the sharp decline in equities, the market capitalisation of BSE-listed firms dropped by Rs 9,51,771.37 crore to Rs 4,47,65,174.76 crore ($5.35 trillion) during the morning trade.

BSE, NSE end in red after hitting fresh lifetime highs

BSE, NSE end in red after hitting fresh lifetime highs

Rediff.com2 Jul 2024

Among the Sensex pack, Kotak Mahindra Bank, Bharti Airtel, IndusInd Bank, Tata Motors, ICICI Bank, Bajaj Finance, State Bank of India and Titan were the biggest laggards. Larsen & Toubro, Infosys, HDFC Bank, Tata Consultancy Services, HCL Technologies and Tata Steel were the biggest gainers.

Grand Chess Tour: Praggnanandhaa's bad run continues, Firouzja leads

Grand Chess Tour: Praggnanandhaa's bad run continues, Firouzja leads

Rediff.com16 Aug 2024

Nakamura, who started off as the favourite in the blitz section, is in sixth spot on 13.5 points, ahead of tour leader and compatriot Fabiano Caruana who has 13 points.

Equity MFs Rake In Rs 38,239 Crore In August

Equity MFs Rake In Rs 38,239 Crore In August

Rediff.com11 Sep 2024

'The correction in the markets in the initial part of August provided investors a good buying opportunity.'

Markets scale fresh highs; Sensex ends at 73,872

Markets scale fresh highs; Sensex ends at 73,872

Rediff.com4 Mar 2024

Among the Sensex firms, NTPC, Power Grid, Reliance Industries, Bajaj Finserv, Axis Bank, Tech Mahindra, ICICI Bank, Bharti Airtel and IndusInd Bank were the biggest gainers. JSW Steel, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Infosys and Titan were among the laggards.

Mahindra plans to steal the SUV thunder with XUV700

Mahindra plans to steal the SUV thunder with XUV700

Rediff.com18 Aug 2021

A new XUV, a new logo, and a big bang at the launch! Mahindra revealed its keenly-awaited XUV700 in Chennai on Saturday.

Passenger vehicle sales hit speed-break in June

Passenger vehicle sales hit speed-break in June

Rediff.com1 Jul 2024

Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country. Overall passenger vehicle dispatches last month stood at 340,784 units, a growth of 3.67 per cent compared with 328,710 units in June 2023.

Can the Mahindra Thar be a city vehicle?

Can the Mahindra Thar be a city vehicle?

Rediff.com20 Jul 2021

The Thar. A vehicle that has always been a capable off-roader with its go-anywhere attitude. One which hated being on the tarmac as a lifestyle vehicle, as the second car in your parking space. But this new generation Thar -- can it change that? Can it be one's first car? Rajesh Karkera/Rediff.com finds out.

Investors' wealth up by Rs 11 lk cr in 5 days

Investors' wealth up by Rs 11 lk cr in 5 days

Rediff.com25 Apr 2024

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.

Vinesh Disqualification: 'The whole of India is in shock'

Vinesh Disqualification: 'The whole of India is in shock'

Rediff.com7 Aug 2024

'Vinesh you are a gold medalist of courage and morality.'

Sensex ends down 454 points on weak global trends

Sensex ends down 454 points on weak global trends

Rediff.com15 Mar 2024

From the Sensex basket, Mahindra & Mahindra, Tata Motors, NTPC, HCL Technologies, Larsen & Toubro, Infosys, Tech Mahindra and State Bank of India were the major laggards. Bharti Airtel, Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and IndusInd Bank were among the gainers.

Sensex scales 76K, but ends down in volatile trade

Sensex scales 76K, but ends down in volatile trade

Rediff.com27 May 2024

From the Sensex firms, Wipro, NTPC, Sun Pharma, Mahindra & Mahindra, ITC and Reliance Industries were among the biggest laggards. IndusInd Bank, Axis Bank, Bajaj Finance, HDFC Bank, Larsen & Toubro and State Bank of India were among the major gainers.

What Gave Ratan Tata Great Pleasure

What Gave Ratan Tata Great Pleasure

Rediff.com14 Oct 2024

'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.

5 Life Lessons From India's T20 World Cup Victory

5 Life Lessons From India's T20 World Cup Victory

Rediff.com2 Jul 2024

As the dust settles on the celebrations, let's delve into the inspiring lessons we can learn from India's historic T20 World Cup win.

Mahindra Satyam merges with Tech Mahindra

Mahindra Satyam merges with Tech Mahindra

Rediff.com25 Jun 2013

The Mumbai-headquartered company now has an employee strength of 84,000 serving 540 clients across 46 countries. Its revenues are at $2:7 billion.

JSW MG To Launch 5 New Cars

JSW MG To Launch 5 New Cars

Rediff.com18 Jul 2024

'Two would be premium products and three would be mainstream products.'

Sebi Has Strong Case Against Hindenburg

Sebi Has Strong Case Against Hindenburg

Rediff.com4 Jul 2024

If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.

Sensex ends 454 pts up on buying in IT stocks

Sensex ends 454 pts up on buying in IT stocks

Rediff.com6 Feb 2024

Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.

Heavy buying in banking and FMCG shares; Sensex gains 545 points

Heavy buying in banking and FMCG shares; Sensex gains 545 points

Rediff.com3 Jul 2024

Among the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.

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

Markets end FY24 on buoyant note; Sensex gains 655 points

Markets end FY24 on buoyant note; Sensex gains 655 points

Rediff.com28 Mar 2024

Nestle, State Bank of India, Power Grid, Tata Steel, Larsen & Toubro and Mahindra & Mahindra were the other major gainers. In contrast, Tech Mahindra, Axis Bank and Reliance Industries were the laggards.

IT, banking shares help Sensex gain 443 points at close

IT, banking shares help Sensex gain 443 points at close

Rediff.com1 Jul 2024

Benchmark Sensex rose by 443 points to close at a new record high while Nifty settled above the 24,100 mark on Monday on buying in banking and IT shares in line with gains in Asian and European markets. The 30-share BSE Sensex settled higher by 443.46 points or 0.56 per cent at an all-time high of 79,476.19.

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

Rediff.com8 Apr 2024

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Rediff.com24 Apr 2024

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the regulator found "serious deficiencies" in the lender's IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.

Sensex jumps 496 points; ICICI, Airtel major movers

Sensex jumps 496 points; ICICI, Airtel major movers

Rediff.com19 Jan 2024

Among the Sensex firms, Bharti Airtel, NTPC, Tech Mahindra, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Titan, Axis Bank, JSW Steel and Larsen & Toubro were the major gainers. IndusInd Bank, Kotak Mahindra Bank, HDFC Bank and State Bank of India were the laggards.

Sensex rallies 599 pts on buying in banking, auto shares

Sensex rallies 599 pts on buying in banking, auto shares

Rediff.com19 Apr 2024

From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. Nestle India, HCL Technologies, Larsen & Toubro, Tata Consultancy Services, Tata Motors and Infosys were among the laggards.

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Rediff.com3 Jun 2024

Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.

Investors richer by Rs 13.78 lakh cr in exit poll rally

Investors richer by Rs 13.78 lakh cr in exit poll rally

Rediff.com3 Jun 2024

Investors' wealth jumped Rs 13.78 lakh crore on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha polls. The 30-share BSE Sensex jumped 2,777.58 points or 3.75 per cent to hit a record peak of 76,738.89 in early trade. The benchmark finally ended at 76,468.78, registering a sharp rally of 2,507.47 points or 3.39 per cent.

Markets ride on banking, IT shares to close at new highs

Markets ride on banking, IT shares to close at new highs

Rediff.com6 Mar 2024

Among the Sensex firms, Kotak Mahindra Bank, Axis Bank, Bharti Airtel, Sun Pharma, HCL Technologies, Mahindra & Mahindra, Titan and Tata Consultancy Services were the biggest gainers. UltraTech Cement, NTPC, Maruti, JSW Steel, Power Grid and Tata Motors were among the laggards.