Uber, Ola are the biggest potential threat to auto industry: Anand Mahindra

Last Updated: Thursday, September 10, 2015, 22:58

Mahindra Group chairman Anand Mahindra Thursday opined that taxi-hailing apps like Uber and Ola are the biggest potential threat to the automotive industry, which must create new products that customers love to own and not just use as a means of transport.

Mahindra to invest Rs 700 cr to become full range CV player

Last Updated: Wednesday, August 26, 2015, 14:04

Home grown auto major Mahindra and Mahindra plans to invest Rs 700 crore in commercial vehicle (CV) vertical as it aims to become a full range player in the segment in the next two years.

Will use 'click & brick' model for payments bank: Mahindra

Last Updated: Thursday, August 20, 2015, 21:08

Tech Mahindra was among the 11 entities successful applicants that received the Reserve Bank's nod to set up payment banks as part of financial inclusion drive.

Mahindra Reva unveils 'Mahindra e2o'

Last Updated: Tuesday, July 28, 2015, 15:54

The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme envisages providing demand incentives to electric and hybrid vehicles -- from two-wheeler to buses -- in range of Rs 1,800 to Rs 66 lakh.

Mahindra bets big on agriculture sector

Last Updated: Sunday, June 28, 2015, 11:18

Betting big on the farm sector, homegrown conglomerate Mahindra group is gearing up for a big play in agriculture, leveraging on the brand equity of its tractors, to make it a significant revenue and profit generator in the next five years.

GE Aviation, Mahindra to collaborate on aero structure manufacturing

Last Updated: Wednesday, June 17, 2015, 22:14

Mahindra group has expanded its partnership with GE Aviation by signing an agreement to make aerostructures at the Indian group's new aerospace facility in Bangalore.

Mahindra expands JV to make airborne weather radars in India

Last Updated: Tuesday, June 16, 2015, 21:59

Mahindra Defense Systems, a Mahindra Group company, and US-listed Telephonics Corporation Tuesday announced a joint venture in India to manufacture the new RDR Series of Airborne Weather Radars.

Mahindra bags multi-million dollar aerospace deal with Airbus

Last Updated: Monday, June 15, 2015, 20:12

The Mahindra Group Monday clinched a multi-million dollar aerospace contract with European consortium Airbus at the Paris Air Show, marking a major milestone in the 'Make in India' initiative.

M&M wants to milk dairy sector; eyes up to Rs 750-cr buyout

Last Updated: Wednesday, February 25, 2015, 18:22

Mahindra Agribusiness is keen to enter the over Rs 3-trillion Indian dairy sector through a Rs 150-Rs 750 crore acquisition of a brand that has good supply chain and branding in place.

M&M shares up over 5%; investors richer by Rs 3,603 cr

Last Updated: Friday, February 13, 2015, 19:03

Stocks of auto major Mahindra & Mahindra Friday rose by over 5 percent after the company's December quarter earnings met market expectations.

Mahindra to expand renewables business amid India's clean energy push

Last Updated: Monday, January 26, 2015, 17:46

Indian conglomerate Mahindra Group plans to expand its renewable energy business and invest 45 billion rupees ($732.5 million) over the next three to four years, its chairman said, amid a government-led push to increase the use of clean energy.

Obama visit signal to Indian, US biz to tap opportunities: Anand Mahindra

Last Updated: Sunday, January 25, 2015, 21:01

US President Barack Obama's India visit, marked by "high-end symbolism", is a signal to businessmen of both countries to look for opportunities from each other, Mahindra Group Chairman and Managing Director Anand Mahindra has said.