Mahindra And Mahindra Ltd. News

Companies

M&M incurs loss, Eicher’s profit drops due to covid

M&M reported a standalone loss of ₹2,510 cr in Q4; Eicher net profit drops 44% to ₹304 crM&M management said 80% of the losses triggered by the exceptional item came from SYMC

2 min read12 Jun 2020
Auto News

M&M announces leadership changes for auto and farm divisions

The company has been preparing to groom the next generation of leaders across multiple management positionsVeejay Nakra, who heads sales and marketing for automotive division, will be appointed as CEO from next fiscal

2 min read23 Dec 2019
Companies

A doyen of Indian industry, Anand Mahindra leaves behind a hard to match legacy

Born in 1955, Anand Mahindra is a third generation scion and the son of late industrialist Harish MahindraAnand Mahindra’s business acumen and vision was reflected in his foray into electric vehicles nearly a decade ago

2 min read20 Dec 2019
Markets

Amid auto slowdown, Street seeks solace from Mahindra’s tractor business

Margin of M&M’s automotive segment slipped to a multi-quarter low in Sep quarter, while tractor margin was stableProfit after tax was down 24% y-o-y to ₹1,355 crore and revenue dropped nearly 15% y-o-y to ₹10,935 crore

1 min read11 Nov 2019
Auto News

Used car market size can be ₹50, 000 crore by 2022: Mahindra First Choice

The used car market has touched the 4 million unit mark in FY 19 which is 1.2 times the new car marketThe used car segment was jolted first in 2016 by demonetisation, and then by introduction of Goods and Services Tax in 2017

2 min read7 May 2019
Industry

Auto firms end FY15 on a high, wary of road ahead

Four of top five auto makers reported larger dispatches to dealers in March; experts cautious on rural growth in FY16

3 min read2 Apr 2015
Companies

December sales numbers revive new year hopes for car makers

December sales numbers revive new year hopes for car makers

3 min read2 Jan 2012
Companies

Labour shortage in the fields drives farmers to tractors

Labour shortage in the fields drives farmers to tractors

4 min read6 Dec 2010
Companies

Generator makers pin hopes on 3G rollout to power sales

Generator makers pin hopes on 3G rollout to power sales

4 min read1 Nov 2010
Politics

Advance tax payments up 21% in June quarter

Advance tax payments up 21% in June quarter

3 min read15 Jun 2010
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