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.
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.
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.
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.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
'There is a need for a national task force with a singular objective to increase automotive exports.'
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.
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.
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
Automobile manufacturers, new and old, as well as ancillary suppliers are set to spend a combined Rs 70,630 crore over the next five years on either entering the electric vehicle segment or stepping up their presence in it. Data culled from announcements made by firms shows India, the world's fifth largest automobile market, is poised to receive one of the biggest capex pushes ever to fuel the transition from internal combustion engines to electric motors and batteries as part of a green drive. The EV push, egged on by the government's emphasis on electric mobility to meet its net zero targets, is expected to yield at least 25 electric vehicles - new ones as well as electrified versions of existing vehicles running on internal combustion engines.
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
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 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.
Tracing the development of the Mahindra XUV 500, the company's first four-wheeler to be fully styled in India.
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.
The government has asked SIAM members, to provide fresh data which will provide an indication about the diesel vehicle demand in the country.
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.
Mahindra & Mahindra on Thursday said it expects to come up with a sophisticated ventilator at just Rs 7,500, which otherwise costs up to Rs 10 lakh, as it seeks to assist in combating coronavirus pandemic. The company said it hopes to have a prototype of an automated version of bag valve mask ventilator, commonly known as Ambu bag, in three days for approval.
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.
Pawan Goenka did not offer any details on the new models or launch dates.
Mahindra & Mahindra (M&M) on Friday launched the all-new version of its sports utility vehicle Thar, priced between Rs 9.8 lakh and Rs 13.75 lakh (ex-showroom). The company has introduced the model in two trims, AX and LX, with both petrol and diesel powertrain options.
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 is one of India's leading auto makers.
In an increasingly global business world, where teams work across borders, understanding different work cultures is the key to success.
Mahindra plans to launch 8-10 products, including a premium sports utility vehicle, across various segments by March 2012
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.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
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.
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.
"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.
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.
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
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.
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