Mahindra & Mahindra (M&M) plans to invest about $36.3m to $45.4m in the next three years to maintain and upgrade the products developed during the joint venture (JV) with US-based Navistar in India. The plan followed the agreement made in ...
Mahindra Reva Electric Vehicles (MREVPL), the manufacturing arm of Indian auto maker Mahindra & Mahindra, is planning to launch the new Electric Vehicle (EV) e2o in India soon. The Mahindra e2o will be produced at Mahindra Reva's ...
Tags: MREVPL, India, auto maker, Electric Vehicle, e2o
Business Standard reported that Mohali based Swaraj Tractors that was in doldrums few years back is in an expansion mode. Despite an inconsistent growth in the tractor industry in the past two years, the tractor player has doubled its ...
Tags: Mohali, Mishra, Swaraj Tractors
Mahindra & Mahindra Ltd's Farm Equipment Sector, a part of the UDS 15.9 billion Mahindra Group, maintained its leadership position in the tractor industry in December 2012. Domestic sales in December 2012 stood at 13712 units, as against ...
Tags: Mahindra&Mahindra Ltd, Domestic sales, Metallurgy, Mineral
Business Line reported that Mahindra & Mahindra sold 45,297 vehicles in December, a 6% increase from 42,761 units sold during the same month a year ago. The company’s domestic sales stood at 42,307 units during the reporting month, ...
Tags: Mahindra and Mahindra, vehicles, December, India
Business Line reported that Mahindra and Mahindra has decided to seek clarification from the Government on why the Foreign Investment Promotion Board had rejected its proposal to enter into a JV with Rafael Advanced Defense Systems of ...
Tags: Mahindra and Mahindra, Government, Foreign Investment Promotion Board, JV
PTI reported that the Bombay High Court has dismissed a petition filed by Zenith Metaplast Pvt Ltd praying for allotment of a three acre plot in Nashik to itself and cancellation of adjacent plots allotted to Mahindra&Mahindra Ltd and an ...
Economic Times reported that the government has rejected a proposal by autos to software conglomerate Mahindra&Mahindra Ltd to set up a JV with Israel's Rafael Advanced Defense Systems Ltd. According to media reports,the companies were to ...
Tags: M and M Proposal for Inr 100 Crore Defense Jv with Rafa
Business Line reported that Mahindra First Choice,the retailer of used cars,is to have some 500 outlets in the country by the end of 2015.The company is also planning to establish 10 outlets in J&K over the next 18 months.Mahindra First ...
Tags: M and M First Choice, More Outlets, J and K
India-based auto maker Mahindra & Mahindra’s (M&M) over-all sales increased by 6% to 45,297 units in December 2012 compared to 42,761 units sold in December 2011. The company sold about 42,307 units in the home-market in December ...
Tags: India, auto maker, sales, December
Business Line reported that the Renault Duster and the KTM Duke 200 have been selected as the Indian Car of the Year 2013 and the Indian Motorcycle of the Year 2013, respectively. Mr Raghupati Singhania CMD of JK Tyre and Industries, gave ...
Tags: Renault Duster, KTM Duke, Indian Car, Indian Motorcycle
Engineering, Procurement, and Construction (EPC) is a common type of contract in the construction industry and is now becoming big business in the solar industry. Under an EPC solar contract, the contractor will handle the design, all ...
Business Line reported that Mahindra & Mahindra has appointed Mr Rajesh Jejurikar as CEO Tractor and Farm Mechanization, effective April 1st 2013. The company in a statement said that Mr Jejuridar will replace Mr Bishwambhar Mishra, who ...
Tags: CEO, Tractor, Farm Mechanization, tractor businesses
PTI reported that Mahindra and Mahindra will commence production of tractors next month at its new facility at Zaheerabad in Medak district of Andhra Pradesh. Currently, M&M has its automobile plant spread over 343.36 acres of land at ...
Tags: Transportation, tractors, automobile plant
Indian outsourcer Satyam Computer Services said Friday that about 8.22 billion Indian rupees (US$155 million) in its fixed deposit accounts will be frozen for 150 days by India’s Directorate of Enforcement in connection with charges ...
Tags: liquidity, outsourcing, satyam, satyam computer devices