Company: Mahindra & Mahindra Ltd. Category: Company News


Upon acquisition of ~58.2% of the stake, Ideal Finance will become a subsidiary of the Company.
Aug. 20, 2019, 12:20 p.m.

Christened Mahindra Ideal Lanka Pvt. Ltd, this assembly plant is in collaboration with Ideal Motors of Sri Lanka.
Aug. 19, 2019, 8:35 a.m.

About 15-20% of capex from original plan could be deferred, says managing director Pawan Goenka.Mahindra and Mahindra cut about 1,500 jobs of temporary workers since 1 April 2019
Aug. 18, 2019, 11:36 p.m.
Publisher: livemint.com

Automobile sales in India witnessed its sharpest decline in nearly 19 years in July, dropping 18.71 per cent, rendering almost 15,000 workers jobless over the past two-three months as the sector reels
Aug. 18, 2019, 4:03 p.m.


Mahindra & Mahindra today expanded its global footprint with the inauguration of its Sri Lankan automotive assembly plant at Welipenna, near Colom
Aug. 17, 2019, 2:36 p.m.

Will focus on brand-building and augmenting models’ visibility
Aug. 16, 2019, 9:34 a.m.

Passenger vehicles production in India was down 13.18 per cent in April-July this fiscal with top manufacturers such as Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Ford, Toyota and Honda reducing output massively. Hyundai Motor India Ltd (HMIL) and Volkswagen India were the only two main manufacturers which saw production grow marginally during the period, according to the latest data by the Society of Indian Automobile Manufacturers (SIAM). Total Passenger vehicles (PV) production in the April-July period stood at 12,13,281 units as against 13,97,404 units in the same period last fiscal, down 13.18 per cent, SIAM said. Market leader Maruti Suzuki India's (MSI) production during the period stood at 5,32,979 units, down 18.06 per cent from the comparable period last fiscal. Mahindra & Mahindra (M&M) also curtailed its production by 10.65 per cent at 80,679 units, while that of Ford India stood at 71,348 units, down 25.11 per cent from the year-ago period. Tata Motors' .
Aug. 15, 2019, 12:40 p.m.

Indiabulls Housing Finance surged 11.5%, M&M Fin, Indiabulls Ventures and Bajaj Finance and HDFC were also trading in the positive zone.
Aug. 9, 2019, 1:26 p.m.

This development is part of aligning its production with sales requirements.
Aug. 9, 2019, 12:21 p.m.

Overall revenues fell 4 per cent to ₹12,805 crore
Aug. 7, 2019, 10:15 p.m.

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