Mahindra & Mahindra is contemplating another price increase across its SUV portfolio in response to recent commodity price surges, with a decision expected within the next two weeks, according to Nalinikanth Gollagunta, CEO Automotive Division, Mahindra Group.
Mahindra & Mahindra has officially expanded its popular compact SUV lineup with the launch of the Mahindra XUV 3XO ZNG, its first-ever mainstream CNG passenger vehicle at an introductory starting price of Rs 9.99 lakh (ex-showroom).
IT services firm Tech Mahindra has announced a collaboration with AI coding platform SpaceXSI to help global enterprises modernise legacy applications, accelerate software delivery, and improve developer productivity through AI-assisted engineering across the software lifecycle. The partnership aims to embed AI intelligence across the software development lifecycle for better business outcomes, focusing on sectors like technology, telecommunications, and banking.
Mahindra introduces the XUV 3XO ZNG, a compact SUV with a factory-fitted twin-cylinder CNG setup that aims to overcome common compromises in performance, drivability, and boot space. This first drive review highlights its turbocharged engine, clever packaging, refined performance, and robust ride quality, positioning it as a strong contender in the CNG SUV market.
Aerospace major Embraer and the Mahindra Group have identified Nagpur as a potential manufacturing hub for the C-390 Millennium military transport aircraft, should their bid for India's multi-billion-dollar Medium Transport Aircraft (MTA) deal be successful. This strategic partnership aims to establish a localised production and support ecosystem in India, aligning with the 'Make in India' initiative and strengthening the country's indigenous aerospace capabilities.
Mahindra has launched the Thar OG, an upgraded version of its popular SUV, built on a new M Glyde 4G platform with advanced features like Frequency Dependent Damping and Electric Power Steering, while retaining an accessible starting price of 10.32 Lakh.
Mahindra Racing has announced the retention of Edoardo Mortara and Nyck de Vries as their drivers for the 2026-27 FIA Formula E World Championship season, marking the start of the Gen4 era. The duo, who joined in 2023, have contributed significantly to the team's success, including two wins and 10 podium finishes. This continuity aims to leverage their experience for future challenges.
India's leading private-sector banks, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, reported robust deposit growth in the July-September quarter (Q2FY27), significantly aided by the Reserve Bank of India's concessional FCNR(B) swap window.
Anup Saha, currently a Wholetime Director at Kotak Mahindra Bank, has been appointed as the new Managing Director and Chief Executive Officer for a three-year term, effective January 1, 2027, with the Reserve Bank of India's approval.
Mahindra has managed to deliver all these updates while retaining the starting ex-showroom price of 10.32 Lakh. And, that's a value play you rarely see in today's market, says Rajesh Karkera.
Upcoming Mahindra Scorpio Lifestyler 2027: Expected Price & Features!
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
Nyck de Vries discusses Mahindra Racing's impressive turnaround in the Formula E season, as they head into the London finale aiming for a historic top-three team championship finish. Despite a challenging start, de Vries' victories and the team's collective effort have positioned them for their best result since 2016-17, with de Vries also reflecting on his F1 experience.
Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.
Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.
Mahindra Racing's pursuit of a third-place finish in the Formula E Teams' championship was hampered after a challenging penultimate race in London. Despite Edoardo Mortara's impressive recovery from 18th to seventh, Nyck De Vries struggled, leaving Mahindra 13 points behind Andretti heading into the season finale. Poor qualifying performance due to tyre issues was cited as a key factor. The Drivers' Championship remains open for three contenders, while Jaguar TCS leads the Teams' standings.
Mahindra Racing is on the verge of achieving its best-ever Teams' championship finish in Formula E as the GEN3 era concludes in London. Propelled by Nyck de Vries' recent victories and Edoardo Mortara's consistent performance, the Indian manufacturer is just one point behind Andretti, aiming for a top-three spot in the season finale.
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
Indian benchmark indices Sensex and Nifty traded lower in early sessions due to profit-taking and significant foreign institutional investor (FII) outflows, despite strong performance from IT stocks like Tech Mahindra. Track Sensex, Nifty on October 16.
Indian benchmark indices Sensex and Nifty opened higher, extending their previous session's rally, driven by a decline in global oil prices, despite continued selling by Foreign Institutional Investors.
Is this one car with options, or three distinct vehicles? Rajesh Karkera/Rediff.com finds out.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant drop on Monday, with the Sensex falling by nearly 548 points, primarily due to a fresh spike in crude oil prices, persistent foreign fund outflows, and rising bond yields.
Indian equity benchmarks Sensex and Nifty rallied up to 1 per cent in early trade, driven by strong performance in IT stocks, Reliance Industries, and favourable global market sentiment, rebounding from previous losses.
Indian benchmark indices Sensex and Nifty closed higher for the second consecutive day, primarily driven by robust buying in IT stocks following strong quarterly results and positive global trends. Tech Mahindra notably surged over 8% after reporting a significant jump in net profit.
Indian benchmark indices Sensex and Nifty saw an early rebound, driven by strong performances from blue-chip HDFC Bank and major IT firms like HCL Tech, which reported a significant rise in net profit. Track Sensex, Nifty on October 13.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Indian benchmark indices, Sensex and Nifty, recovered early losses on Wednesday, driven by strong buying in IT stocks and HDFC Bank, sustaining the previous session's recovery despite FII outflows. Track Sensex, Nifty on October 14.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.
Indian benchmark indices, Sensex and Nifty, extended their rally in early trade, driven by strong buying in bank stocks, Reliance Industries, and positive global cues, despite foreign institutional investors offloading equities.
Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.
Indian benchmark indices Sensex and Nifty saw a sharp rebound in early trade, driven primarily by a rally in IT stocks and a decline in crude oil prices, even as global markets faced selling pressure due to US inflation concerns. Track Sensex and Nifty on
Nyck de Vries secured his second victory of the 2025-26 FIA Formula E World Championship season at the Tokyo E-Prix, leading Mahindra Racing to a significant points haul. Despite starting fifth, de Vries navigated challenging wet-dry conditions and a late-race red flag to clinch the win. This result propels him to ninth in the drivers' standings and positions Mahindra Racing just one point behind third place in the teams' championship with two rounds remaining.
September marked India's highest-ever monthly EV retail volume. More than one in nine two-wheelers retailed in September was electric.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
Over a dozen mutual fund houses in India have temporarily suspended fresh subscriptions in their gold fund of funds (FoFs) and gold-silver FoFs, a move believed to be influenced by directions from the Securities and Exchange Board of India (Sebi) ahead of the festive season.
Indian benchmark indices, Sensex and Nifty, recorded their fourth consecutive day of losses, driven by relentless foreign institutional investor (FII) outflows, rising bond yields, and a significant surge in crude oil prices, impacting overall investor sentiment.
