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India-Japan Fund to invest Rs 400 crore in Mahindra & Mahindra's unit

India-Japan Fund to invest Rs 400 crore in Mahindra & Mahindra's unit

Thu, Jan 11, 2024

India-Japan Fund (IJF) will invest Rs 400 crore at a valuation of up to Rs 6,600 crore, resulting in IJF's ownership ranging between 6.06 per cent and 8.25 per cent stake in Mahindra Last Mile Mobility Ltd (MLMML), Mahindra & Mahindra (M&M) said in a statement.

Mahindra & Mahindra to add Vision Thar.e Electric SUV to its lineup in 2024

Mahindra & Mahindra to add Vision Thar.e Electric SUV to its lineup in 2024

Tue, Dec 19, 2023

One of the eagerly anticipated additions is the Vision Thar.e, unveiled at the signature Futurescape event in Cape Town, South Africa, in August.

Scorpio-N gets zero safety ANCAP rating; M&M working to meet unique regulations

Scorpio-N gets zero safety ANCAP rating; M&M working to meet unique regulations

Thu, Dec 14, 2023

Mahindra & Mahindra's sports utility vehicle Scorpio-N has received zero safety rating from ANCAP, prompting the company to state it will incorporate upgrades in the product mid-cycle update to meet the new safety regulations.

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Mahindra's XUV300 debuts at Rs 7.9 lakh

Mahindra's XUV300 debuts at Rs 7.9 lakh

Thu, Feb 14, 2019

Mahindra & Mahindra (M&M) has launched the XUV300, a sub-compact sports utility vehicle with prices starting at Rs 7.9 lakh

Buy at crash! M&M clocks new low, shares down 4%: N0w launches ahead make this automaker money making magnet

Buy at crash! M&M clocks new low, shares down 4%: N0w launches ahead make this automaker money making magnet

Mon, Feb 11, 2019

Bloodbath in M&M was despite, the company posting a robust Q3FY19 performance, with net profit rising by 60% to Rs 1,476 crore versus Rs 920 crore in Q3FY18.

Did you buy Maruti Suzuki, Tata Motors, Mahindra and Mahindra? Hefty money lost! Buy now? Find out

Did you buy Maruti Suzuki, Tata Motors, Mahindra and Mahindra? Hefty money lost! Buy now? Find out

Wed, Jan 02, 2019

To investors horror, Nifty Auto has plunged by nearly 3% trading at 8,910.20. On the other hand, S&P BSE Auto nosedived by 627.40 points or 3.03% trading at 20,098.93. Almost every stock in this sector was on hotbed.

2018 year end sale bonanza! Get up to Rs 1 lakh discount on Mahindra SUVs; check list, find your dream car

2018 year end sale bonanza! Get up to Rs 1 lakh discount on Mahindra SUVs; check list, find your dream car

Tue, Dec 18, 2018

One of the largest passenger car makers Mahindra & Mahindra is providing early Christmas gifts by slashing the prices of its SUV models by almost Rs 1 lakh. Offers are available right from Mahindra Marazzo to Mahindra Alturas G4.

Mahindra to increase price of 'Marazzo' from January

Mahindra to increase price of 'Marazzo' from January

Sat, Nov 17, 2018

Mahindra & Mahindra on Friday announced that from January 1, 2019, it will increase the price of its multi-purpose vehicle (MPV) "Marazzo" by Rs 30,000 to Rs 40,000

Mahindra & Mahindra group net rises 14% Rs 1778.7 cr despite fall in margins

Mahindra & Mahindra group net rises 14% Rs 1778.7 cr despite fall in margins

Wed, Nov 14, 2018

Homegrown auto major Mahindra & Mahindra Wednesday reported around 14 percent growth in consolidated net profit at Rs 1,778.75 crore for the September quarter despite a 150 basis points fall in the margins.

Mahindra launches new Scorpio variant priced at Rs 13.99 lakh

Mahindra launches new Scorpio variant priced at Rs 13.99 lakh

Mon, Nov 12, 2018

Auto major Mahindra & Mahindra announced on Monday launch of a new variant of its popular SUV Scorpio priced at Rs 13.99 lakh (ex-showroom Delhi). According to a company statement, the 'feature-packed' S9 will be available pan India across Mahindra dealerships with immediate effect.

Mahindra launches new Scorpio variant priced at Rs 13.99 lakh; Check out features

Mahindra launches new Scorpio variant priced at Rs 13.99 lakh; Check out features

Mon, Nov 12, 2018

Auto major Mahindra & Mahindra announced on Monday launch of a new variant of its popular SUV Scorpio priced at Rs 13.99 lakh (ex-showroom Delhi).

Mahindra October 2018 sales up by 14%, sold 58416 vehicles; cautious on festive season

Mahindra October 2018 sales up by 14%, sold 58416 vehicles; cautious on festive season

Thu, Nov 01, 2018

The Mahindra & Mahindra (M&M) sold a total 58,416 vehicles in October 2018, which was up by 14% compared to sales of 51,160 vehicles during October 2017.

Crop protection business: Mahindra Agri, Sumitomo Corp in JV

Crop protection business: Mahindra Agri, Sumitomo Corp in JV

Mon, Oct 15, 2018

Mahindra Agri Solutions Ltd (MASL), a subsidiary of Mahindra & Mahindra (M&M), has announced getting into a joint venture with Japan’s Sumitomo Corporation for its crop protection business.

Mahindra Agri Solution partners with Sumitomo for crop protection business

Mahindra Agri Solution partners with Sumitomo for crop protection business

Fri, Oct 12, 2018

Mahindra group firm Mahindra Agri Solutions Friday announced a joint venture with Japan's Sumitomo Corporation Group to expand its crop protection business and aims to reach annual sales revenue of USD 100 million in the next five years.

Auto stocks worst hit today on Sensex; Maruti Suzuki, Mahindra emerge as top losers, but should you invest?

Auto stocks worst hit today on Sensex; Maruti Suzuki, Mahindra emerge as top losers, but should you invest?

Mon, Sep 24, 2018

The S&P BSE Auto index plunged by nearly 724.67 points or 3.11% by touching intraday low of 22,550.17 in early trade.

Mahindra & Mahindra to go carbon neutral by 2040

Mahindra & Mahindra to go carbon neutral by 2040

Fri, Sep 14, 2018

The company will work on its carbon neutrality commitment with international non-profit organisation Environmental Defense Fund (EDF), M&M said in a statement.

Vehicle sales on rise: How Tata Motors, Ford, Mahindra, TVS, Maruti, others have fared

Vehicle sales on rise: How Tata Motors, Ford, Mahindra, TVS, Maruti, others have fared

Sat, Sep 01, 2018

The country's largest car maker Maruti reported a 3.4 per cent decline in total sales at 1,58,189 units in August.

Mahindra Q1 net up 67 pct at Rs 1,257 cr on robust sales across segments

Mahindra Q1 net up 67 pct at Rs 1,257 cr on robust sales across segments

Tue, Aug 07, 2018

Mahindra & Mahindra (M&M) today posted 67 per cent rise in net profit at Rs 1,257 crore for the quarter ended June 30, driven by robust sales across segments.

This factor to dictate market sentiment this week

This factor to dictate market sentiment this week

Sun, Aug 05, 2018

Equity indices would continue to be driven by earnings, with blue-chips such as Mahindra & Mahindra and PNB slated to come out with their quarterly report cards this week, say experts

Mahindra & Mahindra July sales up by 13%; Mahindra Marazzo to be launched next month

Mahindra & Mahindra July sales up by 13%; Mahindra Marazzo to be launched next month

Wed, Aug 01, 2018

Mahindra & Mahindra domestic sales touched 44,605 vehicles during July 2018, registering a growth of 12%.

Developing petrol engines to counter drop in diesel vehicle demand:M&M

Developing petrol engines to counter drop in diesel vehicle demand:M&M

Sun, Jul 29, 2018

Utility vehicles major Mahindra & Mahindra is developing petrol engines for its product line-up to counter drop in sales of diesel models over the last few years due to high taxation

Mahindra and Mahindra may get hit by US sanctions over this venture

Mahindra and Mahindra may get hit by US sanctions over this venture

Mon, Jun 04, 2018

Iran’s market, which recently adopted stricter automobile safety and emission norms, is dominated by French and other European companies. Also, the country warrants a high degree of indigenisation of the vehicles, or else the automakers have to pay high Custom duties.

M&M Chairman Anand Mahindra says, 'I am the storm'; here's why

M&M Chairman Anand Mahindra says, 'I am the storm'; here's why

Tue, May 29, 2018

M&M's standalone net profit soared to Rs 1,059.09 crore, which was an increase of 70.33% compared to net profit of Rs 621.78 crore in the corresponding period of previous year.

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