MAHINDRA MAHINDRA LTD Q4 RESULTS
Mahindra & Mahindra launches BS-VI compliant XUV300
Mahindra is proactively transitioning its mobility portfolio to BS-VI emission standards in a phased manner, well ahead of the statutory timeline of April 1, 2020, it added.
Tata Motors sees EV sales doubling in FY-21, to cross 1000 mark in FY-20
With the introduction of the compact Nexon EV SUV, which is targeted...
UTI AMC files papers for IPO with Sebi
The issue consists of an OFS by shareholders including SBI, BoB, LIC, PNB and T Rowe Price.
No need to worry about NCLAT verdict on Tatas: Hemang Jani
Some of the metal stocks or sectors which were not in favour like metals and telecom are coming back.
M&M, Ford won’t cross-badge cars for India
Pawan Goenka, managing director of Mahindra & Mahindra, told that although the JV partners will bring both businesses closer on product development, sourcing and technology, they will retain independent product DNA without resorting to cross-badging.
Axis Bank evaluating the acquisition route to scale up microfinance business
Axis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet. "We are evaluating opportunities all the time," he said, adding that the microfinance firms, which are doing well and can be a good fit, are mostly overvalued. "Nothing is on the cards at present."
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.
View: Is India’s EV dream for real?
In addition, ICE ( internal combustion engine) vehicles will also co-exist and will not be phased out. Compare this to his bold announcement a couple of years prior of India’s automobile industry needs to go all electric by the year 2030, an announcement which sent auto OEMs back to the drawing board as they scrambled to put in place their respective EV blueprints.
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.
Mahindra plans a 12-pronged assault
This is part of its efforts to arrest the slide in its share in an intensely cut-throat UV market.
Ujjivan Small Finance Bank spikes 51% on market debut
The issue witnessed the highest subscription among all IPOs since January 2018.
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.
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.
Ujjivan Small Finance Bank to make stock market debut on Thursday
Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank.
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