IFC's first investment in an EV manufacturer in the country and the first in electric three-wheelers globally will be in the form of compulsory convertible instruments at a valuation of up to Rs 6,020 crore
Commercial vehicle sales increased to 26,193 units last month compared to 23,978 units in the year-ago period
Consolidated total income during the quarter under review stood at Rs 624.4 crore as compared to Rs 584.5 crore a year ago
The total passenger vehicle dispatches from companies to dealers last month increased 11 per cent to 2,91,928 units from 2,62,984 units in February 2022
The Mumbai-based automaker had reported a net profit of Rs 1,335 crore for the October-December period of the previous fiscal
The company, through its subsidiary, will make this investment over a period of 7-8 years for setting up the manufacturing facility, development and production of its upcoming Born Electric Vehicles
The auto major's market share however declined marginally to 41.40 per cent in February from 42.36 per cent in the year-ago period
M&M, which had unveiled the XUV400 in September last year, said the vehicle would be launched in two variants across 34 cities in phase I
The report said that 'Mahindra SA' increased its sales volume by a massive 78 per cent compared to 2021, the highest of all the vehicle brands that report...
The two diesel-powered manual rear wheel drive trims are priced at Rs 9.99 lakh and Rs 10.99 lakh while the petrol automatic variant is tagged at Rs 13.49 lakh
In February this year, Mahindra Lifespace had announced that it would purchase the land in Kandivali, Mumbai from Mahindra & Mahindra Ltd for the development...
This deployment makes Mahindra's facility India's first 5G-enabled auto manufacturing unit
The company is also considering launching a new upscale brand for managing resorts, through which it would also look to further grow its Club Mahindra...
Mahindra and Mahindra's profit after tax increased 46 per cent in September quarter, as against the same period last year
With these partnerships, Mahindra EV users will get seamless access to a robust fast charging infrastructure and e-mobility solutions spanning across...
State Bank of India was among the top Nifty gainers, the stock surged as much as 4.84 per cent to hit record high of Rs 622.70 after it reported highest...
The 30-share BSE benchmark climbed 249.58 points to 60,081.24 in early trade. On similar lines, the broader NSE Nifty advanced 80.75 points to 17,811.50
From the Sensex pack, Nestle, HDFC, Axis Bank, Reliance Industries, ITC, HDFC Bank and UltraTech Cement were the prominent winners
Buying was visible across the board as all the 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty IT index's 1.3 per...
Infosys was top Nifty gainer, the stock surged 4 per cent to Rs 1,477 after its board approved share buyback offer worth Rs 9,300 crore at Rs 1,850 per share
Last year, the companies signed an MoU for exploring the creation of EV products and services, alongside identifying synergies in low-carbon and conventional...
Foreign institutional investors bought shares worth Rs 279 crore on Thursday while domestic institutional investors sold shares worth Rs 44 crore
ICICI Bank, HDFC Bank, Reliance Industries, HDFC and Infosys were among the top movers in the Sensex.
Foreign institutional investors bought shares worth Rs 591 crore on Monday while domestic institutional investors sold shares worth Rs 423 crore.
After two months of continuous buying foreign institutional investors (FIIs) turned net sellers in September. They sold shares worth Rs 7,624 crore last month,...
