“We saw good momentum across all our group companies, led by the strong results of the auto and farm sector,” M&M Ltd managing director & CEO Anish Shah said. Addressing a virtual...

British International Investment (BII), the UK’s development finance institution, is investing in a new electric vehicle (EV) company being set up by Mahindra & Mahindra (M&M). The inves...

Mahindra and Mahindra is gearing up to produce 6,000 units of its new Scorpio, christened Scorpio-N, every month. The company says it is better prepared to handle the demand that the new car will gene...

Mahindra & Mahindra (M&M) on Thursday said  it has raised prices across its range of models by 2.5 per cent. According to the company, the move will result in an increase of Rs 10,000 to...

The country’s leading auto makers Maruti Suzuki and Hyundai Motor reported a 7 and 14 per cent decline in dispatches to dealers in March as shortage of electronic components impacted production....

Car makers and component firms are working on multiple strategies including optimising the supply chain to overcome the shortage in semi-conductors that looks set to to continue in the coming months. ...

India has emerged as the most profitable operations among all the joint ventures/ associates of ArcelorMittal (AM), contributing highest EBIDTA for the parent in 2021. The company described its equit...

The shortage of semiconductors impacted car sales as Maruti Suzuki India saw a 4 per cent fall in the total wholesales to 153,149 units in December 2021. While the total sales grew by 22 per cent in ...

A joint venture of Reliance Industries and BP of the UK on Wednesday said it has signed an agreement with the Mahindra group to explore EV and low-carbon solutions, including battery swapping technolo...

Homegrown auto major Mahindra & Mahindra on Tuesday reported an over eight-fold increase in its standalone profit after tax at Rs 1,432 crore for the second quarter ended September 30, 2021, ridin...