Page 5 - Mahindra & Mahindra

After 2-yr pandemic thrift, 'revenge spending' likely this festival season

The festival season kicks off with Onam end-August right through Diwali in October

M&M open to investing in EV battery cell maker to secure supplies: CEO

Mahindra on Thursday raised $250 mn from British International Investment for its new electric vehicle unit at a $9.1-bn valuation

M&M can beat global competitors at much lower cost of development: MD & CEO

In a Q&A, Anish Shah the valuation for the upcoming EV subsidiary is fair and the company will be rewarded adequately by investors soon

M&M, British Int'l Investment to build portfolio of five e-SUVs by 2027

At $9.1 billion valuation, BII will have a stake of 2.75-4.76% in the new EV company

Mahindra aims to lead electric SUV sales in India with new EV unit

India's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles

UK's BII, M&M to invest $500 million in new EV entity valued at $9 billion

The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27

ICE feels the ScorpioN sting: SUV maker M&M targets brand building

SUV maker plans to stay aggressive in cranking out new models

SUVs to tractors: M&M not taking foot off pedal, on recovery road

Favourable agri macros, improving SUV demand, and easing commodity prices augur well for automaker

Want to buy a Mahindra XUV700? Your waiting time might be 22 months

The Mumbai-based $15.8 billion cars-to-factory equipment conglomerate took the wraps off its Scorpio-N late Monday, an automobile it bills as the "Big Daddy of SUVs"

M&M drives in Scorpio-N, hopes to stay in top gear with 'disruptor SUV'

Company expects car will impress buyers considering premium offers like Toyota Fortuner, Jeep Meridian and MG Gloster

Mahindra & Mahindra hits new high, up 3% on hopes of strong domestic demand

Company says is seeing high interest for new launched Scorpio-N; In the last three months, the stock has outperformed the market, by gaining 38 per cent as against a 9 per cent decline on the Sensex.

Large potential for employment of Agniveers in corporate sector: Mahindra

Mahindra Group Chairman Anand Mahindra on Monday expressed dismay over the violence against the Centre's Agnipath scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. Expressing his opinion on the scheme to recruit youths between the age of 17 and-a-half and 23 years for a four-year tenure in defence services amid widespread violence across states against it, he said there is a large potential for employment of "Agniveers" in the corporate sector. "Saddened by the violence around the #Agneepath program. When the scheme was mooted last year I stated-& I repeat-the discipline & skills Agniveers gain will make them eminently employable," Mahindra tweeted. He further said,"The Mahindra Group welcomes the opportunity to recruit such trained, capable young people." When asked by a Twitter user on what post will be given by the Mahindra Group to Agniveers, he responded, ...

Car review: Jeep makes a smooth comeback, not a moment too soon

The new Jeep Meridian, which is essentially a three-row extension of the Compass, is much more your full-fledged off-roader with a hard suspension and a larger frame

Fueled by demand, M&M to set up first tractor plant in decade in Mohali

Mahindra & Mahindra going to setup new plat in Mohali as demand for tractors in the world's largest market has seen a sharp 44 per cent jump year-on-year in the first two months of 2022-23

Stocks to Watch: M&M, Tata Coffee, Voda Idea, Coal India, Hindalco, REL

Stocks to Watch Today: The Aditya Birla Group has planned a massive Rs 77,000 crore capex; Meanwhile, this week the focus will be on rate sensitive sectors ahead of the RBI policy meet on Wednesday.

Strong utility vehicle growth trajectory to drive M&M's FY23 performance

Revival in tractors, improvement in supply, and margin gains are other key triggers for the auto major

EV car makers rev up for 2025; slew of new models expected to hit the road

Korean carmaker Hyundai that sells the Kona electric sedan, too, is looking to ride the EV wave

M&M to invest Rs 15,300 cr to fortify position in auto, farm eqpt and EVs

Mahindra is eyeing a pole position in SUVs in volume terms - a place it held three years ago

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.

Mahindra & Mahindra to launch fully electric version of XUV 300 in Q1 2023

Home-grown auto major Mahindra & Mahindra (M&M) on Monday said it is planning to launch the fully electric version of its XUV 300 SUV in the market in the first quarter of next year. The company also announced that it will unveil its electric vehicle business strategy, 'Born Electric Vision' of EV concept in August this year. The Mumbai-headquartered company has recently partnered with Volkswagen to explore the use of the latter's modular electric drive matrix (MEB) components that can be used in its electric cars. MEB electric platform and its components allow car manufacturers to build their portfolio of electrified vehicles, quickly and cost-effectively. "We will be launching the electric version of XUV 300, which we hope to have in the first quarter of the next calendar year," M&M executive Director Rajesh Jejurikar said at a media conference on Monday. He said that though it is called the electric version of XUV 300, it is a 4.2 meter in length vehicle and not sub-4 ..