Mahindra completes SML Isuzu buyout, restructures board and plans rebrandingMahindra & Mahindra has finalized its acquisition of a 58.96% stake in SML Isuzu, aiming to bolster its presence in the commercial vehicle ...
02 Aug, 2025, 06.27 PM IST
Mahindra & Mahindra acquires majority stake in SML Isuzu for Rs 555 crMahindra & Mahindra has acquired a 58.96% controlling stake in SML Isuzu for INR 555 crore, renaming it 'SML Mahindra Limited' post-regulat...
02 Aug, 2025, 06.13 PM IST
India's big-ticket defense-tech move: Mahindra Group partners with US-based Anduril IndustriesMahindra Group has partnered with US-based Anduril Industries to develop autonomous and counter-unmanned aerial systems, including Autonomo...
21 Feb, 2025, 05.16 PM IST
Senior Mahindra executive Gurpratap Boparai quitsFollowing his resignation, Vinod Sahay who is president, aerospace and defence and chief purchase officer (CPO)- auto and farm Sectors (AFS...
29 Apr, 2024, 12.51 AM IST
Mahindra Aerostructures signs $100 mn contract with Airbus AtlanticMahindra Aerostructures has signed a $100 million multi-year contract with Airbus Atlantic for manufacturing and delivering metallic compon...
01 Apr, 2024, 05.28 PM IST
Jalaj Gupta joins Mahindra & Mahindra to lead commercial vehicle and construction equipment bizGupta joins Mahindra & Mahindra after spending almost a couple of decades in Tata Motors and Ashok Leyland. The head of small commercial ve...
20 Jul, 2020, 08.41 AM IST
M&M rejigs top management in auto, farm divisionsHemant Sikka will head the farm equipment sector, while R Velusamy will be appointed as the chief of Global Product Development (Automotive...
23 Dec, 2019, 01.57 PM IST
Expect CV industry to bounce back next fiscal despite BS-VI price hike: M&MAfter BS-VI, prices may increase by as much as 10%. But M&M doesn't think it will be a long-term dampener.
20 Oct, 2019, 09.41 PM IST
Monsoon, BS VI switch, govt steps to push auto sales in second-half of FY20A slew of measures by the govt coupled with easing of liquidity conditions and revival in rural demand has kindled hopes of rise in sales o...
19 Oct, 2019, 09.11 AM IST
Mahindra Trucks & Bus division eyes break even of operation in 12-18 months with hope of market recoveryThe company has set a target of revenue of Rs 10,000 crore in the next three years.
15 Oct, 2019, 04.14 PM IST
Mahindra Group chairman Anand Mahindra may take on non-executive roleUnder new Sebi norms, the top 500 listed entities will have to ensure that the chairperson is a non-executive director from April 1, 2020.
15 Oct, 2019, 11.04 AM IST
M&M may not launch some BS-IV vehicles post SC rulingThe Supreme Court on October 24 said that no Bharat Stage IV vehicle shall be sold across the country with effect from April 1, 2020.
02 Nov, 2018, 08.09 PM IST
Mahindra forays into construction equipment spaceSahay said the motor grader is most suitable for constructing small to medium roads as well as widening of state and national highways.
03 Oct, 2017, 01.43 PM IST
Vinod Sahay to lead Mahindra truck unitSahay, who joined Mahindra in June 2015, played a key role in holding onto market share in medium and heavy duty trucks at Tata Motors in t...
08 Jun, 2017, 01.00 AM IST
Mahindra two wheeler arm to cut 700 jobsThe turnaround will hinge partly on higher volumes and better margins and a "cost optimization" project.
29 Jun, 2016, 12.31 PM IST
Mahindra Two Wheelers launches Gusto 125 in 8 more statesMahindra Two Wheelers, a part of Mahindra Group, had earlier launched Gusto 125 in the southern states.
15 Jun, 2016, 06.59 PM IST
Hey Didi in expansion mode, plans to have 5,000 women scooter drivers this yearThe start-up has already trained 200 women for last-mile ecommerce delivery. The other cities awaiting expansion are Pune, Bengaluru, Goa a...
03 May, 2016, 03.37 AM IST