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Mahindra Electric Mobility to consolidate with parent M&M
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): The board of directors at Mahindra & Mahindra Ltd has given in-principle approval for consolidation of Mahindra Electric Mobility in the company.
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Sensex down by 162 points on coronavirus fears, metal stocks melt
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 10 (ANI): Equity benchmark indices witnessed profit booking and closed in the negative zone on Monday amid concerns over the impact of coronavirus on supply chains and global economy.
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MP Chief Minister Kamal Nath meets Mahindra & Mahindra MD in Davos
Updated : 6 years, 5 months ago IST
Bhopal (Madhya Pradesh) [India], Jan 22 (ANI): Chief Minister Kamal Nath held a meeting with Managing Director of Mahindra and Mahindra group Pawan Goenka on the sidelines of the annual meeting of the World Economic Forum in Davos on January 21.
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Equity indices in the green, Nifty Bank hits fresh record high
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): Equity benchmark indices were in the positive terrain during early hours on Monday tracking their Asian peers with easing of trade war worries and reduced uncertainty over the Brexit.
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ICRA reaffirms credit rating on fund-based, non-fund-based facilities of M
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): Mahindra Logistics Ltd (MLL) said on Friday that investment information firm ICRA has reaffirmed AA rating with a stable outlook on its long-term fund-based facilities and A1-plus on short-term non-fund-based facilities.
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Sitharaman holds pre-Budget consultations with prominent industrialists
Updated : 6 years, 6 months ago IST
New Delhi [India], Dec 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday held her sixth pre-Budget consultations with leading industrialists who called for a reduction in personal income tax rates to revive consumption amid the continuing economic slowdown.
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IFC to anchor $200 million investment in Mahindra Finance to boost MSME le
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 2 (ANI): International Finance Corporation (IFC), part of the World Bank Group, has anchored an investment round of 200 million dollars (about Rs 1,430 crore) in Mahindra & Mahindra Financial Services Ltd to create a dedicated pool of financing for micro, sm
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Mahindra to acquire 100 pc stake in Peugeot Motocycles to explore new mark
Updated : 6 years, 8 months ago IST
Mandeure [France], Oct 26 (ANI): Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra, will acquire 100 per cent ownership of Peugeot Motocycles (PMTC) to drive future growth in core European markets and expand into new geographies, including select Asian markets.
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Mahindra Finance and Ideal Finance form joint venture in Sri Lanka
Updated : 6 years, 10 months ago IST
Colombo [Sri Lanka], Aug 20 (ANI): Mahindra & Mahindra Financial Services Ltd said on Tuesday it has entered into a joint venture with Ideal Finance Ltd, a fully-owned subsidiary of the leading Sri Lankan conglomerate Ideal Group.
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Mahindra inaugurates first automotive assembly plant in Sri Lanka
Updated : 6 years, 11 months ago IST
Colombo [Sri Lanka], Aug 17 (ANI): Mahindra & Mahindra Ltd on Saturday expanded its global footprint with the inauguration of a local automotive assembly plant at Welipenna near Colombo in Sri Lanka.
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M&M Financial Services profit plunges 66 pc in Q1 FY20
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): Mahindra & Mahindra Financial Services Ltd (MMFSL), a provider of financial services in rural and semi-urban markets, has reported profit after tax of Rs 108 crore during the quarter ended June 30 as against Rs 322 crore during the correspondi
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M&M announces sale of 1.9 crore equity shares to CDPQ
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 3 (ANI): Mahindra & Mahindra (M&M) Benefit Trust on Monday sold 1.92 crore shares of Mahindra & Mahindra (M&M) worth Rs 1,244 crore on the Bombay Stock Exchange (BSE) to CDPQ, an institutional investor that manages funds for several public and para-public p
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