M&M's Canada-based associate firm files for winding up; stock drops 3%
Upon liquidation of Resson Aerospace, M&M is entitled to receive around ₹28.7 crore as distribution of proceeds towards Class C preferred shares held by the company.
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Mahindra inks pact to equip EVs with Volkswagen components
Mahindra intends to equip its EVs with electric motors, battery system components and battery cells of Volkswagen's MEB platform.
Is SsangYong relevant to Mahindra any longer?
With new partners like Ford in the picture, SsangYong’s future with M&M is at a crossroads at a time when the Covid-19 pandemic is likely to force the world into a recession.
How India Inc. has come together to fight Covid-19
Companies ranging from auto to garments and FMCG have joined hands to speed up the production of medical equipment such as masks, sanitisers, and ventilators.
Auto Expo 2020: A push for green amid slowdown blues
Some of the biggest automakers showcase electric cars and concept vehicles at the auto show and say they are working to build an electric ecosystem for a more sustainable future.
Mahindra and Mahindra outlines succession plan
Group chairman Anand Mahindra will move to a non-executive role starting FY21; Pawan Goenka will remain MD and CEO till April 2021, after which Anish Shah will takeover the mantle.
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.
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.
