Search result for 'm&m'

Mahindra to Hike Vehicle Prices by Up to 3% in April

March 21, 2025 18:15

Mahindra & Mahindra announces price hikes for its SUVs and commercial vehicles, citing rising input costs. The increase will take effect from April and will vary across models.

Mahindra Tops S''P Global Sustainability Yearbook 2025

March 6, 2025 13:07

Mahindra '' Mahindra is the only car manufacturer in the world to achieve a top 1% ranking in S''P Global's 2025 Sustainability Yearbook. This recognition highlights the company's commitment to...

Maruti Sales Up, Hyundai, Tata Down in Feb: Indian Car Market Update

March 1, 2025 19:12

Maruti Suzuki saw marginal growth in February, while Hyundai and Tata Motors reported declines. Mahindra & Mahindra and Toyota Kirloskar Motor saw double-digit gains.

Mahindra Sales Surge 15% in February

March 1, 2025 11:37

Mahindra & Mahindra's total sales rose 15% to 83,702 units in February, driven by strong SUV and tractor demand. Utility vehicle sales grew 19% while exports surged 99%.

L''T Secures Alumina Refinery Order from Hindalco in Odisha

February 20, 2025 15:44

Larsen '' Toubro has secured a large order from Hindalco for an 850 KTPA alumina refinery in Odisha, encompassing engineering, manufacturing, supply, construction, and installation.

M''M Q3 Profit Jumps 20% to Rs 3,181 Crore

February 7, 2025 14:30

Mahindra ''Mahindra Ltd's Q3 profit surged 20% to Rs 3,181 crore, driven by strong performance in auto and farm sectors. Revenue also grew by 17% to Rs 41,470 crore.

L&T to Build Pellet, DRI Plant in MENA Region

February 4, 2025 12:13

Larsen & Toubro (L&T) will set up a pellet and direct reduction of iron (DRI) plant in the MENA region as part of a major steel project order.

RBI Interest Rate, Q3 Earnings, Global Trends Drive Markets

February 2, 2025 16:40

Analysts predict RBI's interest rate decision, Q3 earnings, and global trends will impact markets this week. Union Budget impact, FII activity, and PMI data also key.

Mahindra & Mahindra Sales Surge 16% in January 2025

February 1, 2025 10:58

Mahindra & Mahindra Ltd reports a 16% increase in total sales for January 2025, reaching 85,432 units. Passenger vehicle sales grew by 18% to 50,659 units.

Stock Market Plunge: Investors Lose Rs 9.28 Lakh Crore

January 27, 2025 19:18

Indian stock markets fell for the second consecutive day, wiping out Rs 9.28 lakh crore of market wealth due to concerns over US trade policy, slowing corporate earnings, and FII selling.

Sensex Plunges 824 Points: Trump's Tariffs Hit Markets

January 27, 2025 16:42

The Sensex tumbled over 800 points on Monday, hitting a 7-month low as Trump's tariff rhetoric and weak global trends rattled investors. IT and oil & gas sectors suffered heavy losses.

Sensex Plunges 824 Points to 7-Month Low: IT, Oil & Gas Shares Tank

January 27, 2025 15:52

The Sensex plummeted 824 points, reaching a seven-month low, driven by heavy selling in IT and oil & gas sectors amid weak global trends. Read more about the market decline and its impact on...

Mahindra Expands Global Auto Biz: New Models, Markets

January 8, 2025 11:58

Mahindra & Mahindra is expanding its global automotive presence with new models like a lifestyle pickup truck and electric vehicles. The company is focusing on existing markets and plans to enter...

Mahindra Aims to Sell 5,000 Electric Cars Monthly

January 7, 2025 19:58

Mahindra & Mahindra plans to sell 5,000 units per month of its new electric models, BE 6e and XEV 9e, with deliveries expected to start in March. The company aims to make EVs more affordable and...

Govt Approves Rs 246 Cr PLI Incentive for M''M, Tata Motors

January 2, 2025 15:03

India's Ministry of Heavy Industries approved Rs 246 crore PLI incentive claims from Mahindra ''M and Tata Motors for their electric vehicle production. The scheme aims to boost India's...

M&M Shares Surge 2% After Strong December Sales

January 1, 2025 16:59

Mahindra & Mahindra shares climbed over 2% on Wednesday after reporting a 16% increase in overall auto sales in December 2024. The company also achieved the Dow Jones Sustainability Index world...

Mahindra & Mahindra Auto Sales Up 16% in December

January 1, 2025 15:10

Mahindra & Mahindra reported a 16% increase in overall auto sales in December 2024, reaching 69,768 units. Passenger vehicle sales saw an 18% rise, while tractor sales grew by 20%.

BII to Invest Rs 650 Crore in Mahindra's EV Arm

December 30, 2024 14:55

British International Investment (BII) will invest Rs 650 crore in Mahindra & Mahindra's electric vehicle arm, bringing its total investment to Rs 1,850 crore. The investment will support the...

Mahindra & Mahindra Tax Inspection in Chennai

December 28, 2024 14:07

Mahindra & Mahindra Ltd. is undergoing a tax inspection in Chennai by Tamil Nadu authorities. The inspection is related to GST compliance issues and is not expected to impact the company's operations.

M''M Renames EV Brand 'BE 6'' Amid Trademark Dispute

December 7, 2024 16:28

Mahindra ''M renames its new electric vehicle brand 'BE 6'' to avoid trademark dispute with IndiGo airlines but will continue to contest the case in court.

Mahindra to Hike Vehicle Prices Up to 3% in January

December 6, 2024 18:27

Mahindra & Mahindra will increase prices of its SUVs and commercial vehicles by up to 3% starting January 2024, citing rising costs due to inflation and commodity prices.

Mahindra, IndiGo in Talks to Settle '6e' Trademark Dispute

December 3, 2024 17:43

Mahindra & Mahindra is in discussions with IndiGo Airlines to resolve a trademark dispute over the use of '6e' in its new electric vehicle models. The automaker says its 'BE 6e' is distinct from...

Anand Mahindra's Response to Criticism Wins Hearts

December 2, 2024 20:47

Anand Mahindra's response to criticism of Mahindra vehicles on social media wins hearts, with even Harsh Goenka praising his approach. Learn more.

Skoda Auto Volkswagen India Seeks Local Partner Amidst Duty Fraud Probe

December 2, 2024 18:21

Skoda Auto Volkswagen India clarifies its search for a local partner continues despite the alleged customs duty fraud investigation. The company emphasizes its commitment to compliance and...

Mahindra Sales Surge 12% in November, Reaching 79,083 Units

December 2, 2024 12:24

Mahindra & Mahindra reported a 12% year-on-year increase in sales in November, reaching 79,083 units. Utility vehicle sales saw a significant 16% growth.

M&M to Sell EVs Through Existing Network: One-Stop Shop for All Choices

December 1, 2024 11:45

Mahindra & Mahindra will sell its electric vehicle range through its existing sales network, offering customers the choice between ICE and EV options under one roof. Learn more about M&M's EV...

Mahindra Invests Rs 4.5k Cr in New Electric Brands: BE 6e & XEV 9e

November 27, 2024 15:00

Mahindra & Mahindra commits Rs 4,500 crore for developing two new electric brands, BE 6e & XEV 9e, with production starting in early 2025. The company aims for global reach with these accessible...

Mahindra Launches 2 New EVs: BE 6e & XEV 9e

November 26, 2024 21:40

Mahindra expands its EV portfolio with the launch of BE 6e and XEV 9e, offering long ranges and competitive pricing. Deliveries are expected in February-March 2025.

Sensex, Nifty Rebound After Downtrend: HDFC Bank, Tech Mahindra Lead

November 19, 2024 16:04

Indian stock markets bounced back on Tuesday, with Sensex and Nifty gaining ground after days of decline. Value-buying and strong performance by blue-chip stocks like HDFC Bank and Tech Mahindra...

Mahindra & Mahindra Q2 Profit Soars 35% to Rs 3,171 cr

November 7, 2024 18:36

Mahindra & Mahindra reported a 35% jump in Q2 profit to Rs 3,171 crore, driven by higher auto and tractor sales. The company also upgraded its tractor sales growth forecast for FY25.

Mahindra & Mahindra Q2 PAT Jumps 35% to Rs 3,171 cr

November 7, 2024 13:31

Mahindra & Mahindra's Q2 PAT surged 35% YoY to Rs 3,171 crore, driven by strong performance in auto and farm sectors. Consolidated revenue rose 10% to Rs 37,924 crore.

US Election, Fed Rate, FIIs Impact Market This Week: Analysts

November 3, 2024 10:34

Analysts predict the US presidential election, Fed interest rate decision, and FII activity will be key market movers this week. Domestic earnings and economic data also expected to influence...

Mahindra Records Highest Monthly Sales in October: 96,648 Units

November 1, 2024 12:13

Mahindra & Mahindra reported its highest-ever monthly sales in October with 96,648 units, a 20% year-on-year increase. The company's SUV sales also reached a record high of 54,504 units. The...

Mahindra Opens New Testing Facilities in Tamil Nadu

October 23, 2024 20:24

Mahindra & Mahindra inaugurated two testing facilities in Tamil Nadu, including a passive safety lab and a battery & cell research lab, investing over Rs 300 crore.

Pritika Auto Secures Rs 30 Cr Tractor Parts Order

October 3, 2024 16:15

Pritika Auto Industries, a leading tractor components maker, has secured an order worth Rs 30 crore per annum from prominent tractor manufacturers in India. The order involves the supply of new...

Mahindra Tractor Sales Rise 2% in September

October 1, 2024 11:20

Mahindra & Mahindra's tractor sales increased by 2% in September 2024, driven by strong monsoon rainfall and positive rural sentiment. Domestic sales rose 3% while exports declined 10%.

Mahindra & Mahindra SUV Sales Surge 24% in September

October 1, 2024 09:37

Mahindra & Mahindra reports a 24% increase in SUV sales in September, reaching 51,062 units. Overall sales grew 16% year-on-year, driven by strong demand for SUVs.

Mahindra Expands LCV Range with New Platform

September 16, 2024 17:40

Mahindra & Mahindra launches new Veero LCV range with diesel and CNG options, based on a new platform. The company plans to introduce an electric variant in the future.

Mahindra Refutes Cong Allegations on Payments to Buch

September 10, 2024 16:09

Mahindra & Mahindra refutes Congress allegations of conflict of interest regarding payments to Dhaval Buch, husband of SEBI Chairperson Madhabi Puri Buch. The company maintains the highest...

Mahindra Auto Sales Surge 9% in August: 76,755 Units

September 2, 2024 11:22

Mahindra & Mahindra reports a 9% rise in total wholesales for August, reaching 76,755 units. Passenger vehicle sales in India saw a 16% increase, while exports jumped by 26%.

Sensex Gains 147pts, Nifty Up On Global Trends

August 22, 2024 17:12

The BSE Sensex closed above 81,000, while Nifty ended above 24,800 on strong global cues. Bharti Airtel led gains, while M&M, NTPC were laggards. Markets await Fed Chair's speech at Jackson Hole.

Sensex Rises 147 pts, Nifty Above 24,800 on Global Trend

August 22, 2024 16:00

Sensex closed at 81,053.19, gaining for the third straight day, while Nifty rose to 24,811.50 on firm global markets. Commodity, telecom and consumer stocks led the gains.

Mahindra & Mahindra Supports Electric Mobility

August 15, 2024 17:49

Mahindra & Mahindra backs electric mobility, calling it the right direction for India. The company opposes tax waivers for hybrid vehicles, arguing for focus on EVs.

Mahindra Thar Aims for Mid-Size SUV Leadership

August 15, 2024 15:34

Mahindra targets top spot for its Thar range in the rapidly growing mid-size SUV segment within the next 3-5 years, with the launch of the five-door Thar Roxx and plans for further expansion.

Indian Companies Acquire Stakes in British Firms: Bharti, Tata, Mahindra Lead

August 12, 2024 15:59

Indian companies like Bharti, Tata, Mahindra, and Welspun have been actively acquiring stakes in British firms, adding to a growing trend of Indian investment in the UK.

FirstCry's Parent Brainbees IPO Oversubscribed 12.22 Times

August 8, 2024 19:20

Brainbees Solutions IPO, parent company of FirstCry, received 12.22 times subscription on the last day of bidding. The IPO, valued at Rs 4,194 crore, saw strong interest from QIBs,...

FirstCry's Parent Brainbees IPO Subscribed 30% on Day 2

August 7, 2024 18:33

Brainbees Solutions IPO, the parent company of FirstCry, received 30% subscription on Day 2, with strong retail interest. The IPO closes on August 8.

FirstCry's Parent Brainbees IPO Subscribed 11% on Day 1

August 6, 2024 18:51

Brainbees Solutions IPO, parent company of FirstCry, received 11% subscription on day 1. Retail investors showed strong interest, while QIBs remained muted. Learn more about the IPO details.

FirstCry Parent Brainbees Raises Rs 1,886 Cr Ahead of IPO

August 5, 2024 22:36

Brainbees Solutions, parent company of FirstCry, secures Rs 1,886 crore from anchor investors ahead of its initial public offering (IPO), which opens on August 6.

Sensex, Nifty Hit Record Highs: Fed Rate Cut Fuels Rally

August 1, 2024 10:21

Indian stock markets surged to record highs as the US Federal Reserve hinted at a rate cut in September, boosting investor sentiment. Sensex crossed 82,000 and Nifty breached 25,000, led by gains...

FirstCry IPO: Brainbees Solutions Sets Price Band at Rs 440-465

August 1, 2024 10:02

Brainbees Solutions, parent company of FirstCry, has fixed the price band for its Rs 4,194 crore IPO at Rs 440-465 per share. The IPO will open for subscription on August 6 and close on August 8.

Mahindra to Boost Thar Production by 4,000 Units

July 31, 2024 21:13

Mahindra & Mahindra plans to increase production capacity for the five-door Thar by 4,000 units per month, aiming for a total exit capacity of 64,000 units per month in FY24.

Mahindra Urges Private Sector to Utilize Govt. Schemes for Job Creation

July 31, 2024 16:53

Anand Mahindra calls for private sector engagement in utilizing government schemes to boost job creation and drive India's economic growth, emphasizing a collective responsibility for prosperity.

Mahindra Q1 Profit Up 20% to Rs 3,283 Crore | Revenue at Rs 37,218 Crore

July 31, 2024 16:45

Mahindra & Mahindra reports a 20% rise in Q1 net profit to Rs 3,283 crore, driven by strong performance across businesses. Revenue climbs to Rs 37,218 crore.

FirstCry's Parent Brainbees Solutions to IPO on Aug 6

July 31, 2024 14:24

Brainbees Solutions, parent company of online e-commerce platform FirstCry, will launch its IPO on August 6. The public issue includes a fresh share offer and OFS by existing shareholders,...

US Fed Rate Decision, Q1 Earnings Drive Markets This Week

July 28, 2024 10:15

Analysts say US Fed interest rate decision, Q1 earnings, global market trends, and FII activity will drive stock markets this week. Investors will also watch global oil prices and macroeconomic...

Sensex Tanks Over 900 Points: Markets Retreat From Record Highs

July 10, 2024 12:33

Indian equity markets tumbled on Wednesday, with the Sensex dropping over 900 points, dragged by M&M and IT stocks. Profit-taking and weak global trends contributed to the decline.

Mahindra 'M Selects ABB PixelPaint for EV Facility

July 3, 2024 18:10

Mahindra 'M chooses ABB's PixelPaint technology for its new EV paint facility, making it the first OEM in India to use this advanced solution for contrasting roofs and pillars.

Anand Mahindra: Industry Needs to Boost Capital Investments

July 3, 2024 16:42

Mahindra Group Chairman Anand Mahindra urges Indian companies to increase capital investment to capitalize on growth opportunities in India and globally. He emphasizes the need for a shift in...

FirstCry's Parent Firm Brainbees Gets IPO Approval

July 1, 2024 17:26

Brainbees Solutions, parent company of FirstCry, receives Sebi's approval to float an IPO, raising up to Rs 1,816 crore. Unicommerce, Gala Precision Engineering, and Interarch Building Products...

Tractor Demand Outlook: Govt Focus on Agri, Rural Income Key - Swaraj Engines

June 24, 2024 16:59

Swaraj Engines sees tractor demand sustained despite a decline, citing government's focus on agriculture, rural income and growing horticulture sector. Read more.

Sensex Rises 250 Points: Reliance, M&M Drive Gains

May 17, 2024 16:39

Indian equity benchmarks Sensex and Nifty closed higher on Friday, driven by buying in M&M, Reliance Industries, and ITC. The Sensex gained 253.31 points, while the Nifty advanced 62.25 points.

M&M Shares Surge 8% After Strong Earnings

May 17, 2024 10:36

Mahindra & Mahindra shares rallied nearly 8% on Friday, hitting a 52-week high after the company reported a 4% increase in consolidated profit for the March quarter.

Mahindra Group to Invest Rs 37k cr, Boost Auto Biz with 23 New Vehicles

May 16, 2024 18:46

Mahindra Group plans to invest Rs 37,000 crore over the next three years, with a major focus on the auto sector, launching 23 new vehicles including SUVs and EVs.

M&M Shares Surge 4% on Strong Q4 Earnings

May 16, 2024 16:35

Mahindra & Mahindra shares jumped nearly 4% after reporting a 4% rise in consolidated profit for the March quarter. The company's market capitalization also climbed by Rs 8,742 crore.

Mahindra Q4 Profit Rises 4% to Rs 2,754 Cr

May 16, 2024 14:18

Mahindra & Mahindra reported a 4% rise in Q4 profit to Rs 2,754 crore, driven by strong performance in auto and farm sectors. Revenue grew 9% to Rs 35,452 crore.

FirstCry Parent Firm Brainbees Re-files IPO Papers

May 6, 2024 14:22

Brainbees Solutions, parent of online retailer FirstCry, re-files IPO papers with Sebi after being asked to provide more details on key performance indicators.

Mahindra & Tata Motors: Record Patent Approvals in FY24

May 5, 2024 11:46

Mahindra & Mahindra and Tata Motors received a record number of patent approvals in FY24, highlighting their commitment to innovation in automotive technology. Read more about their key...

Mahindra Sales Surge 13% in April: 70,471 Units Sold

May 2, 2024 13:13

Mahindra & Mahindra reports a 13% increase in wholesales for April 2024, reaching 70,471 units. Passenger vehicle sales rose 18%, driven by strong rural demand.

Mahindra Sales Surge 13% in April: 70,471 Units Sold

May 2, 2024 13:13

Mahindra & Mahindra's wholesales jumped 13% in April, reaching 70,471 units. Passenger vehicle sales saw an 18% rise, driven by strong rural demand and positive monsoon forecasts.

Mahindra & Mahindra Aims for Top 2 in Compact SUV Segment

April 29, 2024 20:55

Mahindra & Mahindra aims to be among the top two players in the compact SUV segment in the next three years, with its new XUV 3XO set to challenge the competition.

Tech Mahindra Unveils 3-Year Plan for Growth

April 25, 2024 21:43

Tech Mahindra outlines a three-year road map to boost business, improve margins, and achieve higher growth than peers by FY27. The plan focuses on AI, cost savings, and talent management.

Sensex Hits New Peak After RBI Holds Rates

April 5, 2024 17:59

The Sensex rose marginally to a record high on Friday after the RBI maintained interest rates at 6.5%. However, concerns about food inflation and global market weakness tempered sentiment.

India Manufacturing Sector: Aiming for 25% GDP Contribution | M&M Group MD

February 23, 2024 12:28

M&M Group MD Anish Shah emphasizes the importance of the manufacturing sector contributing 25% to India's GDP to achieve its economic ambitions, including a USD 30 trillion economy by 2047.

Sensex Surges 500 Points, Nifty Hits Record High

February 22, 2024 17:36

Indian stock markets soared on Thursday, with Sensex gaining over 500 points and Nifty reaching a new all-time high, driven by strong buying in IT, tech, and auto sectors. Positive global cues and...

Sensex Surges Over 500 Points, Nifty Hits New High - Stock Market News

February 22, 2024 16:34

Indian equity markets rebounded on Thursday, with Sensex gaining over 500 points and Nifty hitting a new all-time high driven by strong performance in IT, auto, and tech stocks.

Indian Markets Rise For 4th Day, Auto & IT Shares Surge - NSE Nifty Above 22,000

February 16, 2024 17:34

Indian stock markets continued their winning streak for the fourth consecutive day, driven by gains in auto and IT shares. Nifty closed above 22,000, with L&T, Infosys, and M&M leading the...

Indian Markets Rise for 4th Day: Auto, IT Shares Lead

February 16, 2024 16:05

Indian stock markets continued their upward trend for the fourth consecutive day, driven by gains in auto and IT stocks. Nifty closed above 22,000, with L&T, Infosys, and M&M leading the gains.

VW & Mahindra Ink Electric Mobility Supply Pact

February 16, 2024 12:18

Volkswagen Group and Mahindra & Mahindra announce their first supply agreement for electric vehicle components, deepening their collaboration for e-mobility in India.

Mahindra & Mahindra Shares Surge 7% on Profit Rise

February 15, 2024 19:25

Mahindra & Mahindra shares soared 7% on Thursday after the auto giant reported a 34% jump in its Q3 profit, driven by strong sales across segments. The stock hit a 52-week high on both NSE and BSE.

Sensex Surges 227 Points: Markets Rise on HDFC Bank, M''M Gains

February 15, 2024 17:41

Indian equity benchmarks Sensex and Nifty rose for the third straight day, driven by buying in HDFC Bank, M''M, and positive global cues. The Sensex climbed over 225 points to reclaim the 72,000 mark.

Sensex Gains for Third Day on HDFC Bank, M&M Buying - India Stock Market

February 15, 2024 16:16

Indian stock markets rallied for the third consecutive day, with the Sensex closing above 72,000, driven by strong buying in HDFC Bank, M&M and other blue-chip stocks. Global equity markets also...

Mahindra Shares Surge 7% on Strong Q3 Earnings

February 15, 2024 13:52

Mahindra & Mahindra shares climbed 7% on Thursday after the auto major reported a 34% jump in its profit for the third quarter ended December. The stock hit a 52-week high on both NSE and BSE.

Mahindra & Mahindra: Farmer Protests Unlikely to Impact Tractor Sales

February 14, 2024 20:54

Mahindra & Mahindra says the ongoing farmers' protests are unlikely to significantly impact tractor sales despite a predicted 5% decline in industry volume this fiscal year.

Mahindra Q3 Profit Up 34% to Rs 2,658 Cr: Revenue at Rs 35,299 Cr

February 14, 2024 15:09

Mahindra & Mahindra reports a 34% rise in Q3 profit after tax to Rs 2,658 crore, driven by strong sales across verticals. Revenue increased to Rs 35,299 crore.

Mahindra Q3 Profit Soars 34% to Rs 2,658 Cr | Revenue Up 15%

February 14, 2024 14:19

Mahindra & Mahindra reports a strong Q3 FY24 with a 34% jump in profit after tax to Rs 2,658 crore, driven by robust sales across verticals. Revenue also increased 15% to Rs 35,299 crore.

Bharat Mobility Expo: Automakers Commit to Sustainable Mobility

February 2, 2024 20:07

Leading automakers in India showcased their commitment to sustainable mobility at the Bharat Mobility Global Expo 2024, with a focus on electric vehicles, hybrid technology, and alternative fuels....

Mahindra Group Appoints New CFO: Amarjyoti Barua

February 2, 2024 14:22

Mahindra Group announced the appointment of Amarjyoti Barua as its Group Chief Financial Officer, effective May 17. Barua will replace Manoj Bhatt, who is appointed as Managing Director and CEO of...

Mahindra & Mahindra Tractor Sales Decline in January

February 1, 2024 11:56

Mahindra & Mahindra reported a 17% decline in total tractor sales in January 2024, attributed to slowing agricultural activity. Domestic sales fell to 22,972 units, while exports declined to 976...

Mahindra & Mahindra Vehicle Sales Surge 15% in January

February 1, 2024 11:37

Mahindra & Mahindra's total vehicle sales rose 15% year-on-year to 73,944 units in January, driven by strong growth in utility and commercial vehicles.

Equity Indices Decline in Early Trade: Sensex, Nifty See Volatility

January 24, 2024 10:04

Indian equity benchmarks, Sensex and Nifty, witnessed volatility in early trade on Wednesday, with investors booking profits in high-value stocks. FIIs' sustained selling contributed to the...

Sensex, Nifty Close Lower: FMCG, IT Stocks Drag

January 20, 2024 16:43

Indian stock markets ended lower on Saturday, dragged down by selling in FMCG and IT sectors. Sensex fell 0.36% to 71,423.65, while Nifty declined 0.23% to 21,571.80.

Mahindra Forecasts Growth in SCV Segment | Auto News

January 18, 2024 16:47

Mahindra & Mahindra expects to sustain growth momentum in the small commercial vehicles (SCV) segment in the next fiscal, aiming to keep refreshing its range as per customer needs. The company...

Sensex Drops on Profit-Taking in IT Stocks, Weak Global Cues

January 16, 2024 16:56

Indian stock markets ended their five-day winning streak on profit-taking in IT and oil shares, and weak global trends. The Sensex fell by 199 points, while the Nifty closed lower by 65 points.

India-Japan Fund Invests Rs 400 Cr in Mahindra Last Mile Mobility

January 11, 2024 15:04

India-Japan Fund will invest Rs 400 crore in Mahindra & Mahindra's unit Mahindra Last Mile Mobility Ltd, acquiring a stake ranging between 6.06% and 8.25%.

India PV Sales Hit Record High in 2023: SUVs Drive Growth

January 1, 2024 18:59

Passenger vehicle sales in India reached a record 41.08 lakh units in 2023, driven by strong SUV demand. Maruti Suzuki, Hyundai, Tata Motors, and Toyota Kirloskar Motor all achieved record sales.

M&M Auto Sales Up 6% in December 2023

January 1, 2024 12:56

Mahindra & Mahindra (M&M) reported a 6% rise in total automotive sales in December 2023, driven by strong passenger vehicle and utility vehicle demand. However, tractor sales declined due to...

Mahindra & Mahindra Faces Rs 4.12 Crore Tax Penalty

December 29, 2023 13:11

Mahindra & Mahindra has been slapped with a Rs 4.12 crore tax penalty for its two-wheeler business over input tax credit claims. The company plans to appeal the order.

Ratan Tata Sells All Shares in FirstCry IPO

December 28, 2023 18:58

Ratan Tata is selling all 77,900 shares of FirstCry in the upcoming IPO. The company is raising up to Rs 1,816 crore through the IPO. Other investors including Softbank and Mahindra & Mahindra are...

FirstCry IPO: Brainbees Solutions Files Draft Papers with Sebi

December 28, 2023 15:13

Brainbees Solutions, parent company of FirstCry, files draft papers with Sebi for an IPO. The IPO includes a fresh issue and an Offer For Sale by existing shareholders, including SoftBank and...

M&M Faces Rs 56 Lakh Tax Penalty for GST Credit Error

December 28, 2023 14:32

Mahindra & Mahindra has been fined Rs 56 lakh for incorrectly carrying forward pre-GST input service distributor credit into the GST regime. The company plans to appeal the decision.

FirstCry IPO: Brainbees Solutions Files Papers with Sebi

December 28, 2023 14:04

Brainbees Solutions, parent firm of FirstCry, files IPO papers with Sebi, seeking to raise Rs 1,816 crore. The IPO includes a fresh issue and OFS by existing shareholders.

Indian Automakers Expect Moderate Sales in 2024, Focus on EVs

December 24, 2023 11:22

Indian automakers anticipate moderate sales growth in 2024 after a record-breaking 2023, with a focus on expanding electric vehicle offerings and infrastructure. Read more.

Mahindra Invests Rs 875 Crore in Classic Legends

December 13, 2023 15:36

Mahindra & Mahindra and external investors will invest Rs 875 crore in Classic Legends Pvt Ltd, owner of Jawa, Yezdi, and BSA motorcycle brands, over the next 2-3 years.

Sensex Hits 70,000, Nifty Nears 21,000: Metal, IT Drive Gains

December 11, 2023 17:05

Sensex breaches 70,000, Nifty closes near 21,000 on Monday, driven by gains in metal, IT, and banking shares. Market eyes US inflation data and FOMC meeting.

Sensex Hits 70,000, Nifty Nears 21,000 on Metal, IT Gains

December 11, 2023 16:14

Sensex scales new peak at 70,000, Nifty closes near 21,000 driven by gains in banking, IT and metal shares. Read more on market performance.

Sensex Rises 120 Points Ahead of RBI Policy

December 8, 2023 10:01

Sensex and Nifty advanced in opening trade on Friday ahead of RBI's monetary policy decision. Buying in realty, metal, and commodity stocks boosted sentiment.

Passenger Vehicle Wholesales Surge in November

December 1, 2023 18:59

Passenger vehicle (PV) dispatches reached a record high in November driven by festive demand and improved production. Read about the growth in sales for major automakers.

Mahindra Sales Surge 21% in November: 70,576 Units

December 1, 2023 11:29

Mahindra & Mahindra's wholesales rose 21% YoY to 70,576 units in November, driven by strong SUV demand. Utility vehicle dispatches increased 32%, while exports declined.

India Business News: Adani, Tunnel Rescue, Auto Price Hikes

November 27, 2023 21:05

Latest business news from India: Adani denies tunnel involvement, rescue efforts continue, automakers hike prices, S&P raises growth forecast.

Passenger Vehicle Sales Soar to Record High in October

November 1, 2023 18:45

Passenger vehicle wholesales in India hit a record high in October, fueled by festive demand. Maruti Suzuki, Mahindra & Mahindra, and Hyundai led the surge.

Mahindra Reports Record Sales in October

November 1, 2023 11:44

Mahindra & Mahindra achieved record sales in October, exceeding 80,000 units. Strong demand for SUVs and commercial vehicles drove the growth.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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