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PININFARINA INVESTMENT
Tech Mahindra arm Pininfarina raises stake in Signature to 84%Pininfarina, a Tech Mahindra subsidiary, will increase its stake in Signature. The stake increases from 24 to 84 percent. The deal is worth...
Mahindra Group likely to split auto business into 3 unitsThe EV business, along with its manufacturing plant in Pune, will be clubbed with Italian design house Automobili Pininfarina to form a com...
M&M to invest Rs 3,000 cr on electric vehicle business in next 3 yearsThe company, which has set a goal of putting 5 lakh electric vehicles on Indian roads by 2025, has already invested Rs 1,700 crore in the E...
No sedans, mini SUVs for M&M: CEO ShahShah said that the company’s product “strike zone” would start from around Bolero, XUV300, Scorpio, Thar, and moving up to XUV500, and ther...
No sedans, mini SUVs for M&M: CEO ShahMahindra & Mahindra (M&M) has decided not to make sedans, hatchbacks and smaller SUVs, while looks to have an all-new brand of premium, ele...
Mahindra to focus on SUVs, electric after ending Ford JV talksAnish Shah, the deputy managing director, said Mahindra will focus mainly on large SUVs for its core India market in the short term and mov...
Stocks in the news: TCS, Kotak Mahindra Bank, DHFL, Airtel and Indian BankKotak Bank said the RBI has approved the re-appointment of Uday Kotak as MD of the bank for a further period of three years.
From charging infra to cars, M&M is open for partnerships across EV value chainThe company has been talking to potential investors in its electric vehicles arm Mahindra Electric. “We are open to partnerships in Mahindr...
Why is Mahindra so gung-ho about Formula E racing?M&M spent upwards of Rs 75 cr to sponsor its racing team during FY19. Traditionally, automakers participate in racing to develop technology...
M&M plans over 35 new offerings in commercial vehicles this yearThe company on Tuesday launched Furio, the intermediate commercial vehicle in the country which will make Mahindra a full range commercial ...
Mahindra & Mahindra all charged up for a hatchback driveHaving lost out to Maruti in the UV space, it doesn’t want to surrender its first-mover advantage in EVs.
Mahindra & Mahindra bets big on new MPV MarazzoDesigned and developed with an investment of ₹1,000-1,500 crore, the Marazzo is a 7-8 seater based on an all-new architecture and will be m...
Mahindra & Mahindra to roll out an electric hypercar designed by Italian firm PininfarinaThe project to develop luxury e-hypercars designed by Pininfarina may involve an investment of about $100 million and may see the launch of...
Mahindra & Mahindra DOFfs its hat to virtual realityMahindra will show some glimpses of its dealership of future at Auto Expo 2018, people in the know of the project said.
Tech Mahindra launches new brand philosophyBusinesses are building seamless and integrated technology capabilities across dimensions – the digital, the physical, the convergent, and ...
Tech Mahindra buys UK fintech firm in deal valued at more than 112 million poundsTech Mahindra said the Target Group’s proprietary platform automates complex and critical processing, servicing and administration of loans...
Tech Mahindra still eyeing options to boost its engineering servicesLast month, Tech Mahindra and auto company Mahindra & Mahindra bought 76% of Pininfarina in a joint venture.
- Long-term bets: What to Buy, Sell and Hold
Centrum Equity Research has retained its hold rating on Tech Mahindra and has cut the target price to Rs 560 from Rs 605.
M&M, Pininfarina deal not saleable: Prateek Agarwal, ASK Investment Managers"It is an interesting business with a lot of engineering inputs but scalability has always been in doubt."
Tech Mahindra to Acquire Fabled Car Designer PininfarinaTech Mahindra has agreed to acquire Italian car designer Pininfarina, which has designed cars for Ferrari, Maserati, Rolls-Royce and Cadill...