MAHINDRA MAHINDRA LTD Q1 RESULTS
Why this fund manager is betting against consumption
We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.
Mahindra & Mahindra launches BS-VI compliant XUV300
Mahindra is proactively transitioning its mobility portfolio to BS-VI emission standards ...
Saab wants control if it wins $15 billion India jet-fighter deal
The Swedish manufacturer is in the running to supply 114 Gripen fighters in ...
As Alphabet chief, Pichai joins global CEO A-list
Founders Brin, Page step down; Pichai, who remains Google CEO, to run world’s third most valuable firm that currently faces regulatory scrutiny. Investors have rewarded Google stock, with the company’s market cap doubling to nearly $900 billion since Pichai took over. Pichai studied in IIT-Kharagpur before moving to Stanford University for his Masters.
Kotak Mahindra, Axis Bank to recruit 5,000 fresh grads
Two of the country’s largest private sector banks said they will hire a total of about 5,000 fresh graduates, with a greater emphasis on tech talent.
Tata Motors to hike passenger vehicle prices from January
"With BSVI products coming in, prices will increase from January," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told in an interview here. He declined to quantify the increase in prices but said the hike next month would be on a higher side as compared to earlier price revisions taken by the company.
IFC to invest USD 200 million in Mahindra Finance
"IFC (International Finance Corporation) has invested USD 75 million from its own account and is mobilising another USD 125 million as parallel loans," it said.
Auto Expo to be held from February 5-12 next year
While the likes of Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors will continue to make their presence felt, notable absentees from the expo will be Honda, BMW and Ford among others.
SAMHI Hotels gets Sebi nod for Rs 1,800-2,000 crore IPO
SAMHI Hotels' IPO comprises a fresh issue of Rs 1,100 crore and an OFS of 1,91,45,624 equity shares.
20 firms turned around in Q2! Are they compelling ‘buy’ ideas now?
Seventeen of these 20 stocks posted up to 51 per cent YoY rise in net sales for the quarter.
Mahindra total sales down 9% at 41,235 units in November
The company had sold 45,101 units in the corresponding month last year, M&M said in a regulatory filing. In the domestic market, sales were down 7 per cent at 38,614 units last month as compared to 41,564 units in November 2018.
Need cash sops and aggressive scrappage policy to boost CV sales: Mayur Milak
A strict implementation and a normal scrappage policy is not really going to act as a catalyst.
8 out of top 10 firms add Rs 52,194 crore to m-caps
BSE Sensex advanced 434.40 points or 1.07 per cent last week.
ET Award 2019: No more will India stand with weak knees, says Goyal
India will stoutly promote the interests of domestic industry and adopt a more proactive approach to secure a mutually beneficial deal in trade negotiations, Piyush Goyal, Union minister for commerce and industry, and railways, said.
After festive spike, PV demand slips into negative zone, again
This tepidity will linger: Higher financing costs and new BS VI blow are just around the corner.
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