Used car dealers such as Mahindra First Choice Wheels reported 40-50% growth in FY19The ratio of used-to-new cars has been steady at around 1.2 in the last three years
2 min read23 Jun 2019Mahindra First Choice will buy the Carnation trademark, its website, software licences and Carnation's workshop network
1 min read3 Dec 2018The reduction in the base GST rate and removal of cess should provide impetus to growing the industry and especially to the organized sector, say executives
2 min read22 Jan 2018This is in contrast to the buying behaviour of new car buyers, who have been graduating to more expensive models; eight out of every 10 new cars sold cost under Rs8 lakh
2 min read14 Sep 2017Trringo will operate on a franchisee-based model and claims to bring in digital technology to the tractor rental business
4 min read15 Mar 2016The transaction, through a secondary sale, saw one of Mahindra First Choice's early investors, HDFC, selling its entire stake
2 min read2 Dec 2015MFCW enhances its inspection capability and reach across India with the acquisition
1 min read14 Oct 2015This is the second round of private equity raised by Mahindra First Choice, with the first one in 2008 from Delhi-based Phi Capital
1 min read20 Mar 2015Mahindra First Choice Services appoints YVS Vijay Kumar as CEO
1 min read21 Jun 2011M&M to reorganize after-sales business
2 min read29 Apr 2008The 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