Murugappa plan to split Group into 3 hits a bumpThe turbocharged value appreciation of a handful of group companies relative to others has led to serious differences among at least two of...
19 Aug, 2024, 08.57 AM IST
Former Mahindra PE unit head Parag Shah sets up own fundFormer head of Mahindra & Mahindra's private equity unit, Parag Shah, has recently launched his own fund called Amara Partners. Notably, th...
16 Jan, 2024, 03.40 PM IST
Prof. Himanshu Rai reappointed as the director of IIM Indore for the second termThe Indian Institute of Management Indore (IIM Indore) Board of Governors (BoG) has announced the reappointment of Prof. Himanshu Rai as th...
01 Aug, 2023, 08.08 PM IST
Cyient Q4 results: Net profit rises 47% to Rs 111 crIts revenue grew 1.8 per cent to Rs 1,093.2 crore for the period under review as against Rs 1,073.6 crore in the fourth quarter of FY20, it...
22 Apr, 2021, 11.01 PM IST
Citigroup neutral on M&M, target price Rs 590Volumes for both UV and tractor segments were better than muted expectations even if one accounts for a relatively weaker base.
03 Jan, 2020, 08.55 AM IST
Anand Mahindra to step down as executive chairman of Mahindra Group, Anish Shah to replace Pawan Goenka as MD and CEOM&M names Anish Shah as its managing director and chief executive designate to succeed Pawan Goenka.
21 Dec, 2019, 09.17 AM IST
Budget carries strategy spelt out in Economic Survey: MM MurugappanOverall investment in the economy should get support through the proposed infusion of Rs 70,000 crore into public sector banks, Murugappan,...
08 Jul, 2019, 04.17 PM IST
Murugappa Group to invest Rs 2000 crore in capital expenditure over the next two fiscalsThe capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasiv...
16 May, 2018, 09.59 PM IST
Murugappa Group appoints MM Murugappan as executive chairmanMurugappan is on the board of several companies outside the Murugappa Group including Mahindra & Mahindra and Cyient Ltd as also on the boa...
05 Feb, 2018, 07.23 PM IST
Carborundum Universal opens new units for specialty mineralsCumi's turnover is expected to touch Rs 2200 crore in the current fiscal, 35 % of which will come from the electromineral plant in Kochi.
23 Mar, 2017, 05.25 PM IST
Murugappa group firm TI Cycles opens factory in PunjabTI Cycles, part of the Rs 29,500-crore Murugappa Group, has opened a bicycle factory in Rajpura Punjab, from where it will be better positi...
08 Jun, 2016, 04.52 PM IST
Tube Investments climbs 11% on stake sale in insurance JVAXA in May announced its intentions to increase its stake in Bharti AXA Life Insurance. UK's Bupa too has raised its stake in Max Bupa JV.
28 Dec, 2015, 10.01 AM IST
Murugappa Group to enter into a JV with Japan's Organo GroupOrgano Group will hold 49 per cent of this JV, and the remaining portion will continue to be with the Murugappa Group.
05 Aug, 2015, 04.37 PM IST
Murugappa Group operating profit up 11% at Rs 2,921 crore in FY15Chennai-based Murugappa Group managed to grow by 11% during a year that saw consolidation between group companies and a winding down of ope...
11 Jun, 2015, 09.21 PM IST
Headhunter R Suresh rides goodwill for the journeySuresh has personally helped hire 100 people into CEO roles over the past decade-and-a-half.
24 Sep, 2013, 02.58 AM IST
- Tube Investments buys controlling stake in France’s Sedis Group
Tube Investments of India, part of Murugappa Group, manufacturer of bicycles, precision steel tubes, cold-rolled steel strips, cold-roll fo...
13 Feb, 2010, 05.19 AM IST
- PC asks industry to get back to import substitution
Union minister for home affairs P Chidambaram has called upon the Indian industry to once again spearhead import substitution efforts and h...
21 Sep, 2009, 12.00 AM IST