Ford hitches a ride with M&M in India
Mahindra and Mahindra will pick up majority stake in a JV with Ford, manage the American carmaker’s operations in India, and collaborate on new cars and business in emerging markets.
mahindra and mahindra
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How India Inc is cleaning up its act
Corporate India is going green and making sustainability a part of the manufacturing process to protect the environment.
M&M’s PAT falls 26% in June quarter
The company’s PAT fell to ₹918 crore from ₹1,238 crore a year ago due to falling sales and low margins, but including exceptional gains, the figure stands at ₹2,260 crore.
Uber and SUN Mobility tie up for e-auto fleet
As part of the deal, SUN Mobility will offer its energy infrastructure platform to a select number of original equipment manufacturers for building e-autos.
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
Ola Electric gets a thumbs up from SoftBank
Ola’s electric mobility arm has become India’s newest unicorn following an investment of $250 million from SoftBank.
Mahindra Finance ties-up with Canada’s Manulife
A new tie-up between the two firms will launch half a dozen new schemes next year to target middle India, which traditionally invested in physical assets like real estate and gold.
M&M’s Q4 net profit falls 20% on weak rural demand
NBFC crisis also takes toll; standalone revenue for the quarter rises 6%
Cars to cost more from April 1
Mahindra and Mahindra, Tata Motors, Toyota Kirloskar, and Renault have announced price hikes due to rising input costs and changing market conditions.
Zoomcar to focus on subscriptions and electric mobility
Zoomcar co-founder and CEO Greg Moran says his aim is to touch 20 million unique self-driving user mark by the end of this year.
