Anish Shah is FICCI's president-elect, to take up role after AGM
Shah shall succeed incumbent Subhrakant Panda as President of the apex Chamber at the conclusion of the 96th Annual General Meeting to be held on December 8-9.
Mahindra & Mahindra Limited
Company limited by Shares (1) 2343+ employeesMahindra & Mahindra Limited Description
Mahindra & Mahindra Limited (M&M) is an Indian multinational automobile manufacturing Corporation headquartered in Mumbai. Being a part of the Mahindra Group, an Indian Conglomerate, it is the largest vehicle manufacturers by production in India and the largest manufacturers of tractors in the world. It has managed to gain the 21st spot on a list of Top Companies in India by Fortune India 500. Its major competitors in the market are Maruti Suzuki, TATA Motors, and Ashok Leyland to name a few. They have segmented their departments into Farm Equipments, Information Technology, Financial Services, Clean Energy, Urban Lifestyle, B2B, Defense, to name a few. They remain committed to investing in technology, growing their global presence to maintain their leadership position. They have an aim to replicate Indian Success Story on the global stage. To get this dream into action the company is growing its R&D Capabilities. They are manufacturing world - class products and building industry leading brands. This way they are able to broaden the portfolio of their superior products. They constantly challenge conventional thinking and innovatively use all their resources to drive positive change in the lives of their customers. They are a leading manufacturers of major automotive and non- automotive components since the early 2000s. The products that are manufactured are Forgings, Castings, Magnetic products, Composites, Stampings, and Gears. They have also evolved with the modern battleground. Their new age defense solutions including security consulting and hi-tech information security systems, are built to fight the growing cyber tourism.
Mahindra & Mahindra Limited Overview
INDIA HO
MUMBAICOMPANY SIZE
2343+ employeesCIN
L65990MH1945PLC004558TYPE
PublicCATEGORY
Company limited by SharesSUB-CATEGORY
Non-govt companyWEBSITE
http://www.mahindra.comFOUNDED
02 Oct,1945PAID-UP CAPITAL
3,105,461,920AUTHORISED CAPITAL
6,250,000,000Mahindra & Mahindra Limited in News
NRFMTTI inks skill training pact with Mahindra & Mahindra
By combining NRFMTTI's expertise in training and Mahindra and Mahindra's industry knowledge, the institute is confident in its ability to nurture skilled professionals who will contribute to the growth of the sector, he said. NRFMTTI is an institution under the Ministry of Agriculture. The partnership will facilitate internship opportunities for students within the manufacturing company, providing them with practical exposure to real-world industry operations.
Mahindra unravels `Vision Thar.e’, new, born electric avatar of the SUV
The Thar.e's one-of-a-kind modular construction and adaptable components position it as a standout in the electric SUV field. This robust design philosophy aligns with the SUV’s timeless appeal and confident presence, suited for any terrain.The Thar.e is more than an electric evolution of the legendary off-roader; it's a daring, distinct design transformation that continues to embody the spirit of Mahindra’s authentic SUV, the company said.
M&M Q1 consolidated PAT up 60% to INR 3,508 cr
Operating leverage drove improvement in profits by 2.2x in Auto, 58% in MMFSL, and 21% in Farm. This coupled with capital allocation actions and monetisation resulted in significant step up in the Group’s profitability, the company said.
Mahindra March PV sales up 31% at 35,976 units
The company also clocked the highest ever annual sales of its SUVs at 356,961 units, with a growth of 60%. In the Passenger Vehicle segment (which includes UVs, Cars and Vans), the company sold 35,997 units (growth of 30%) in March 2023 and recorded an annual sale of 359,253 vehicles (growth of 59%).
Mahindra’s new Thar crosses production milestone of one lakh units
The SUV, while maintaining its all-terrain capabilities, also offers a more comfortable and plusher ride, making it a lifestyle SUV that is perfect for city and highway driving as well. It offers customers the best of both worlds - the thrill of adventure and the modern dynamics of an SUV, the company said.
Volkswagen to revisit India amid China geopolitical uncertainty
The effort will mark yet another attempt by the company to break into the Indian market in a significant way. The carmaker’s earlier efforts to boost its presence in India have often been bruising experiences. An alliance with Suzuki Motor Corp. ended in a fierce legal dispute before a single car was built and talks over teaming up with Jaguar-maker Tata Motors didn’t go anywhere.
M&M looks for global play with revised EV business plan
With a mix of ICE vehicles-turned EVs and ground up EVs, the OEM wants to more than make up for the lost opportunities. Electrified versions of XUV300 and KUV 100 are set to be among the first set of models. The strategy for a new start in for-wheeler electric vehicles is expected to be announced in the UK on August 15, 2022.
Mahindra electric XUV300 launch in Q1 2023, will outgrow ICE version in size
“The new electric XUV300 will be launched in Q1 of the calendar year 2023. It will be a good sized product, being 4.2 meter in length,” said Rajesh Jejurikar, executive director, M&M on Monday at a virtual press conference to announce the Q4 FY22 financial results.
Maruti, Hyundai and Mahindra car launches in June 2022
2022 has been a happening year for the Indian automotive industry as a lot of new cars have been introduced in the market. Similarly, June is also going to see car launches from Maruti, Hyundai and Mahindra. Here we have curated a list of upcoming cars that will mark their India debut in June.
M&M tops SCV segment for 8th year, commands 40.3% market share
The Mahindra SCV portfolio comprises models ranging from 0.7 tonne to 1.7 tonne payload offered in diesel, gasoline, and CNG fuel options. They include Jeeto, Supro, Bolero Pik-up and Bolero Maxitruck Plus, the company said.
Mahindra's Truck and Bus Division announces 'Get More Mileage or Give Truck Back' scheme
The Mileage Guarantee, 'Get More Mileage or Give the Truck Back', was first offered on Balzo trucks in 2016.
Mahindra & Mahindra plans to roll out electric UVs and Crossovers
Launching the new KUV 100 NXT (at Rs 4.39 lakh to 7.33 lakh), Pawan Goenka, MD, Mahindra and Mahindra said the company has placed a strong bet on electrification and plans to electrify all the SUVs and crossovers.
EESL order will accelerate full range EV programme: Tata Motors
EESL said all 10,000 e-cars would be procured in two phases with 500 to be procured in phase-I and 9,500 vehicles to be ordered post phase-I deliveries.
Now, EESL Offers to Give 40% of E-vehicle Order to M&M
EESL had in August floated a global tender for 10,000 e-vehicles to replace five lakh petrol and diesel cars used by the government over three to four years.
This is what Anand Mahindra says about Tata Motors EV win
M&M, which already has two electric cars e2o and electric sedan Verito, was also in the Energy Efficiency Services bidding race
Dussehra car sales stalled by GST, DeMo roadblocks
Automobile companies and dealers said that the sales have declined mainly due to a slow movement of sales, lack of new model launches and subdued consumer sentiment post demonetization and the implementation of Goods and Services Tax (GST).
Tata Motors pips Mahindra & Mahindra to supply 10,000 EVs to the government
Tata Motors won the tender and will now supply the Electric Vehicles (EVs) in two phases – first 500 e-cars will be supplied to EESL in November 2017 and the rest 9,500 EVs will be delivered in the second phase, said the statement from the ministry.
`Ford's Alliance with Mahindra is a Step Towards Success in India'
In an exclusive interview with Lijee Philip and Ketan Thakkar, Anurag Mehrotra, managing director, Ford India, said Ford's biggest challenge continues to be cost -both material and structural, stressing that the company will intensify its efforts to deliver on competitive costs by driving higher localisation and greater commonality across car lines and operational fitness.
M&M to acquire Turkish tractor, foundry firms for Rs 735 cr
M&M said it will acquire Erkunt Traktor Sanayii for Rs 478 crore, a move which is aimed at entering the fourth largest tractor market in the world.
Directors of Mahindra & Mahindra Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Thothala Narayanasamy Manoharan | Unlock to View | Unlock to View | Director | 11 Nov,2016 |
| Suryakant Balkrishna Mainak | Unlock to View | Unlock to View | Nominee director | 13 Nov,2013 |
| Pawan Kumar Goenka | Unlock to View | Unlock to View | Whole-time director | 23 Sep,2013 |
| Vikram Singh Mehta | Unlock to View | Unlock to View | Director | 30 May,2012 |
| Vishakha Nirubhai Desai | Unlock to View | Unlock to View | Director | 30 May,2012 |
| Anand Gopal Mahindra | Unlock to View | Unlock to View | Director | 01 Aug,2010 |
| Anupam Pradip Puri | Unlock to View | Unlock to View | Director | 30 Jan,2001 |
| Ravindra Krishna Kulkarni | Unlock to View | Unlock to View | Director | 21 Aug,1997 |
| Nadir Burjor Godrej | Unlock to View | Unlock to View | Director | 28 Aug,1992 |
| Murugappan Murugappan Muthiah | Unlock to View | Unlock to View | Director | 28 Aug,1992 |
| Deepak Shantilal Parekh | Unlock to View | Unlock to View | Director | 29 Aug,1990 |
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