Page 4 - Mahindra

Mahindra expects quicker flow of EV tech from Formula E to road cars

In Formula 1, the racing series for conventional internal combustion engines, it is a much bigger gap

Mahindra tractor sales up 22% to 40,529 units in June over year-ago period

Home-grown auto major Mahindra and Mahindra (M&M) today reported 22 per cent rise in total tractor sales to 40,529 units in June. It had sold 33,093 units in June last year. Domestic sales were at 39,277 units as against 31,660 units in the same month a year ago, up 24 per cent, M&M said in a BSE filing. Exports in the last month stood at 1,252 units as against 1,433 units in the year-ago period, down 13 per cent, it said. M&M President - Farm Equipment Sector, Rajesh Jejurikar said: "With the healthy spread of the monsoon across the country, we are hopeful of a good agricultural output, leading to improved market sentiment".

Mahindra bets on new engine to fuel growth

Tractor-to-technology conglomerate invests aggressively in mobility, big data and AI to tackle disruption

In a first, Mahindra showcases driverless tractors

Its capabilities include auto-steer, auto headland turn, automatic implement lift and drop, skip passing, obstacle detection and avoidance, geofence lock and emergency stop.

Mahindra-Sumitomo Chennai JV project in final stages of approval

Mahindra Industrial Park Chennai Ltd (MIPCL), a project jointly developed by Mahindra Lifespace Developers Ltd (MLDL) and Sumitomo Corporation of Japan, is in the last leg of approval process, according to senior management officials from MLDL.Speaking to the reporters here, Sangeeta Prasad, CEO, Integrated Cities and Industrial Clusters, MLDL, said, "The North Chennai project will be a domestic tariff area (DTA) project. We have procured the land needed for the first phase of the project and after that only we have moved for approval process".Shyam Kalyanasundaram, business head of the MIPCL said that the company is in the last leg of approval process and the Phase-I will be of 250 acres while a phase 2 of similar size would follow in a later stage. The project is coming up near NH5, in North Chennai almost five kilometers away from Gummudipoondi.While the Mahindra World City in Chennai and Jaipur are of a similar format with SEZ included, the North Chennai project and the recently ..

Mahindra launches upgraded SUV KUV100 at Rs 6.37 lakh

The KUV100 price starts at Rs 4.58 lakh

Mahindra sales decline 4% at 36,363 units in December

In the domestic market, sales were down 1.5% to 34,310 units last month

Mahindra First Choice plans to sell stakes, raise $50 million

Company eyes Rs 1,000 crore turnover in 3 years

Mahindra's SmartShift targets 1 mn stakeholders by 2019

The company has so far garnered 10,000 stakeholders and claims to clock about 1,200 transactions every day

Mahindra interested in Amtek's overseas assets

Amtek Auto is liquidating its overseas assets to bring down its debt of Rs 15,000 crore

Mahindra sales up 8% at 46,130 units in September

The company had sold 42,848 units in the same month last year

Automaker Mahindra, ride-sharing firm Ola to partner up

The alliance is expected to generate total revenues of $400 million over the next two years

Mahindra Group bets on branded car spare parts

From 10% of total turnover at the moment, company expects the share to rise to 30-40% in the coming years

Mahindra Mutual Fund eyes semi-urban India for growth

The combined mutual fund corpus was only 3-4% of the total savings

Mahindra aims to be full-range CV player in next 2-3 years

Besides, the company is drawing up plans to consolidate its presence in verticals where it is already present

Impact of Brexit on Mahindra Group will be muted: CFO

V S Parthasarathy said their resilience will stand them in good stead, they are poised to take advantage of any opportunities that may emerge

Mahindra launches new compact SUV in South Africa

The new sporty KUV100, available in petrol and diesel, is the smallest vehicle in Mahindra South Africa's product range

Mahindra Q4 profit jumps 14.4% on better UV, tractor sales

Consolidated total income for the quarter rose 16% while operating margins rose to 12.5%

Mahindra Q4 net up 6% to Rs 583.73 crore

Net sales rose 10.14% to Rs 69,785.97 crore for year ended March 31, as against Rs 63,361.96 crore in 2014-15 fiscal

Mahindra incorporates Trringo as wholly-owned subsidiary

Trringo will use a proprietary digital platform as an enabler to process orders and pass them on to the nearest franchisee through location-based mapping