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Hyundai, Mahindra, 6 others likely to face emission penalties of Rs 7,300 crore

November 28, 2024 8:03 am

The penalty on Korean carmaker Hyundai is the highest, totalling over Rs 2,800 crore, followed by Mahindra (nearly Rs 1,800 crore) and Kia (over Rs 1,300 crore).

Car manufacturer told to pay Rs 13.32 lakh to PGI doctor in Chandigarh

August 18, 2024 7:58 am

The manufacturer filed an appeal against the lower Commission order at the State Commission

Mahindra & Mahindra to unveil ‘Thar Roxx’ SUV on August 15

July 21, 2024 12:04 am

“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.

Mahindra and Mahindra Financial discovers fraud at one branch, delays Q4 results to May 30

April 23, 2024 2:11 pm

It estimated that the financial impact of the fraud is unlikely to exceed 1.50 billion rupees ($18 million).

In a statement, Mahindra & Mahindra said it recorded its best-ever monthly sales performance for both -- sports utility vehicles and commercial vehicles -- in October.

Mahindra reports highest-ever monthly sales in October at 80,679 units

November 01, 2023 1:14 pm

Mahindra & Mahindra on Wednesday said its total wholesales increased 32 per cent year-on-year to 80,679 units in October, its highest-ever dispatches in a month.

Mahindra & Mahindra on Thursday said its Canada-based associate firm Resson Aerospace Corporation has ceased to exist.

Mahindra & Mahindra's Canada-based associate firm winds up

September 21, 2023 1:01 pm

Mahindra & Mahindra held 11.18 per cent stake in Resson Aerospace Corporation which had filed for a voluntary winding-up.

Mahindra & Mahindra rolls out new wheel harvester under Swaraj brand

August 09, 2023 12:36 pm

Mahindra & Mahindra Ltd (M&M Ltd) on Wednesday rolled out a new wheel harvester under the Swaraj brand in the domestic market as it looks to tap aggressively the farm mechanisation market in the country.

Mahindra & Mahindra profit jumps 98% in June quarter

August 04, 2023 8:54 pm

Revenue from operations during the quarter rose 22 per cent year-on-year to Rs 24,056 crore. “The company has open bookings of SUVs at 281,000 as on August 1, 2023, reflecting continued strong automotive demand,” it said.

Temasek to invest Rs 1,200 cr in M&M's four-wheeler passenger EV arm

August 03, 2023 1:37 pm

Mahindra & Mahindra has executed a binding agreement with Temasek for the latter to invest Rs 1,200 crore into Mahindra Electric Automobile Ltd (MEAL), valuing the EV arm at Rs 80,580 crore, M&M said in a regulatory filing.

Mahindra Last Mile Mobility sees over two-fold rise in electric 3-wheeler sales in FY23

June 12, 2023 1:58 pm

Mahindra Last Mile Mobility on Monday reported an over two-fold rise in its electric three-wheeler sales at 36,816 units in FY23, as compared to the previous fiscal.