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 2020The 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 2019Born 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 2019Margin 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 2019The 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 2019Four of top five auto makers reported larger dispatches to dealers in March; experts cautious on rural growth in FY16
3 min read2 Apr 2015December sales numbers revive new year hopes for car makers
3 min read2 Jan 2012Labour shortage in the fields drives farmers to tractors
4 min read6 Dec 2010Generator makers pin hopes on 3G rollout to power sales
4 min read1 Nov 2010Advance tax payments up 21% in June quarter
3 min read15 Jun 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared