Mahindra Mahindra M M
Business  /  Published 01.10.20

Mahindra Thar fetches Rs 1.1cr in auction

An online auction of the first all-new M&M Thar fetched Rs 1.11 crore, which will be donated towards Covid-19 relief work. Th company will match the winning bid amount with an equal amount, takin...
By Our Special Correspondent in Calcutta

Business  /  Published 08.08.20

Mahindra profit plunges

Mahindra & Mahindra saw its quarterly profit nearly wiped out as the Covid-19 pandemic hit the supply chain. The company’s net profit fell 94 per cent year-on-year to Rs 54.64 crore in the q...
By Our Special Correspondent in Mumbai

Business  /  Published 02.07.20

Slow revival in cars sales

Major automobile manufacturers, including Maruti Suzuki India, Hyundai, Toyota and Mahindra & Mahindra, on Wednesday reported a big dip in June sales, though they fared better than May as companie...
By Our Bureau in New Delhi

Business  /  Published 18.08.19

Mahindra & Mahindra lays off 1500

Mahindra & Mahindra (M&M) has retrenched about 1,500 temporary workers since April and may be forced to lay off more if the slowdown continues. “I think from April 1 till now we have removed...
By PTI in Colombo

Business  /  Published 01.01.20

Discounts lift auto sales

Buoyed by discounts, Maruti Suzuki India and Mahindra & Mahindra reported a rise in domestic sales in December. Sales of Hyundai, Tata Motors and Toyota, however, declined.Beating year-end blues, ...
By Our Special Correspondent in New Delhi

Business  /  Published 08.02.20

M&M profit slumps 73%

Homegrown auto major Mahindra & Mahindra (M&M) on Saturday reported a 73 per cent decline in consolidated net profit at Rs 380 crore for the December 2019 quarter because of sluggish vehicle s...
By TT Bureau in Mumbai

Business  /  Published 01.03.20

Mahindra and Mahindra sales fall 42%

Auto major Mahindra and Mahindra (M&M) on Sunday reported a 42 per cent decline in total sales at 32,476 units in February.The company had sold 56,005 units in the same month last year, M&M sa...
By PTI in New Delhi

Business  /  Published 20.12.19

Anand Mahindra to step down as M&M chairman

In a major reshuffle, Anand Mahindra will hold the role of non-executive chairman from the earlier post of executive chairman effective from 1 April, 2020, Mahindra & Mahindra (M&M) announced ...
By PTI in New Delhi

Business  /  Published 01.03.20

Coronavirus hits supply of car parts

Tata Motors, Mahindra and Mahindra (M&M) and MG Motor India on Sunday said they were facing challenges in terms of component supply from coronavirus hit-China. “Because of the unforeseeable chal...
By PTI in New Delhi

Business  /  Published 17.08.19

Mahindra & Mahindra sets foot in Sri Lanka

Mahindra & Mahindra (M&M) on Saturday opened its first completely knocked-down automotive assembly plant here in a joint venture with Ideal Motors of Sri Lanka. M&M claims it is the first ...
By PTI in Colombo


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