Car shipments shifting back to pre-Covid gear; Maruti, Hyundai at the top
According to industry estimates, Indian carmakers are set to ship more than 675,000 vehicles in the fiscal year that ends March 31, recovering from a low of 404,000 reported in the aftermath of the pandemic in FY21. Around 663,000 cars were exported from the country in the last financial year. Vehicle exports were dominated by Maruti Suzuki and Hyundai, which together accounted for two-thirds of all cars shipped out of the country. Key Points
Economic TimesGovernment's EV policy fuels investment surge in Indian Auto Sector: Hyundai, Maruti Suzuki, others to bring new electric models
Indian automotive sector sees surge in EV initiatives driven by government policy. Major players like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Mercedes-Benz, and Audi gearing up to launch EV models. Mahindra & Mahindra plans to capture 20-30% of EV market by 2027. Key Points
mintAnand Mahindra lauds this technique of saving water, says it needs to be 'standardised' across India
Anand Mahindra emphasised on the need to make this technique a 'standard' across India. Many people were impressed by his post. | Trending Key Points
Hindustan TimesNeed regulators as partners rather than taskmasters for startups, says Anand Mahindra
Anand Mahindra was delivering the fourth Annual Atal Bihari Vajpayee Memorial Lecture on ‘The role of industry in building a resilient and resurgent India. The Mahindra group chairman pointed to the importance of the government and industry working in a collaborative manner to achieve scale, innovation, and global reach. Key Points
Economic TimesMahindra & Mahindra shares fall 4% as promoter group sells 0.9% stake
Mahindra and Mahindra fell over 4 per cent to Rs 1,886.75 apiece on the Bombay Stock Exchange (BSE) at 10:48 am. Key Points
India Today
'Family proposes to sell small number of shares held by PMSL': Mahindra & Mahindra
The floor price for the deal is expected to be Rs 1,911.5-1,970.65, as per news reports. The deal is at a discount of 0-3% to Wednesday's closing price for the stock. The deal size is likely to be $17,777 million. Key Points
Business TodayAnand Mahindra's epic reply to troll on competition with Tata Motors
Anand Mahindra responds to a troll comparing Mahindra Group with Tata Motors, acknowledging Tata's pioneer status in the Indian truck industry and admiring Sumant Moolgaokar. He emphasizes healthy competition, mutual respect, potential collaboration, and exploring tie-up between Tata Motors and Mahindra. Key Points
Economic TimesIndia's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaTech Mahindra acquires 100% stake in Philippines-based Orchid Cybertech Services
Tech Mahindra shares were last seen trading almost flat in Tuesday's deals. The stock was trading 0.02 per cent down at Rs 1,309. Key Points
Business TodayMahindra & Mahindra Q3 FY24 Results Live : profit falls by 0.68% YOY
Mahindra & Mahindra Q3 FY24 Results Live : Revenue increased by 15.02% YoY & profit decreased by 0.68% YoY Key Points
mint
Anand Mahindra calls for ranking change as list ranks IIT JEE tougher than UPSC
As per the list of the ‘world’s toughest exams’, the IIT JEE exam is harder than the UPSC. Anand Mahindra has reacted to it and called for a ranking change. | Trending Key Points
Hindustan TimesBTech Paani Puri wali: Anand Mahindra is hugely impressed by Golgappa seller who owns Mahindra Thar
22-year-old street food vendor, Tapsi Upadhyay, wins hearts with her entrepreneurial journey from a humble panipuri cart to towing it with a Mahindra Thar. Anand Mahindra, Chairman of Mahindra Group, praises her on social media, highlighting the SUV's role in realizing dreams. The video goes viral, emphasizing the Thar's popularity and symbolizing the spirit of hard work and growth. An inspiring story resonating with millions on X and beyond, showcasing the power of determination and support. Key Points
Economic TimesKotak Mahindra Banks Q3 Results: Should you Buy, Sell or Hold the stock post earnings?
Kotak Mahindra Bank: The Kotak Mahindra Banks Q3 stand alone net profit at ₹3005 growing 7.6% YoY missed estimates of some analysts. However the same was due to one offs . Key Points
mintLegacy companies in the mobility space are tying up with and even acquiring young startups to travel into
Legacy companies like Mahindra and Mahindra, Hero MotoCorp, and Gulf Oil are collaborating with startups such as Ather Energy, Charge+Zone, and Tirex to explore opportunities in the mobility space. These collaborations aim to leverage synergies in electric vehicle (EV) and ecommerce sectors. Mahindra has partnered with Charge+Zone and Statiq to develop an extensive network of EV charging stations. Hero MotoCorp has joined forces with Ather Energy to create an interoperable fast-charging network. RPG Enterprises has acquired Tyresnmore.com, while Gulf Oil has acquired Tirex Transmission to strengthen their presence in the EV market. Key Points
Economic TimesSneak peek: Mahindra's upcoming XUV.e8 electric SUV spotted in test prototype
Mahindra's XUV.e8 to be the first electric vehicle on the INGLO platform, set to launch in December 2024 with versatile features and fast-charging capability. Key Points
mint
India's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaIndia's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaAnand Mahindra's witty reply to a man asking for Rs 1 lakh leaves the Internet in splits
Recently, Mahindra shared a post on X, previously Twitter, about a newly launched restaurant in Goa. Many users shared their views on the same. While some were full of praise for the place, others expressed a desire to visit it someday. But there was one out-of-context comment that caught the attention of Mahindra. In that comment, a person asked the industrialist to offer him monetarly help worth 1 lakh rupees so that he could buy the share of Mahindra's company. Key Points
Economic TimesMahindra and Mahindra, others to invest $105 mln in two-wheeler unit
The 'Scorpio' car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra said in an exchange filing. Key Points
Economic TimesAnand Mahindra shocked to see man's driving skills on a narrow road
Anand Mahindra warned people to not try such stunts ‘at home.’ Since he shared the video, it has gained flurry of responses. | Trending Key Points
Hindustan Times
Mahindra Finance needs more than disbursement growth
Year-on-year growth in loan disbursements stood at about 16%, and total assets under management was up 26% year-on-year. However, monthly collection efficiency was lower, dropping to 94% from 96% in November 2022. Key Points
mintMahindra & Mahindra announces price hike for passenger, commercial vehicles in 2024
The company, acknowledging the economic strain, has diligently attempted to absorb a substantial portion of the escalated costs. Nevertheless, in order to maintain financial viability and sustain operations, Mahindra & Mahindra will pass on a proportion of the increased expenses to consumers. Key Points
Economic TimesIndia's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaIndia's Bajaj, Mahindra post strong jump in Nov auto sales on festive demand
Indian motorcycle maker Bajaj Auto (BAJA.NS) and carmaker Mahindra and Mahindra (MAHM.NS) on Friday reported strong volume growth in November, helped by festive season-led demand. Key Points
ReutersSilkyara tunnel rescue: Anand Mahindra big praise for 'humble rathole miners'
The medical facility has been expanded for workers who will be evacuated. In case of any problem, eight beds have been arranged by the Health Department. A team of doctors and experts has been deployed. Key Points
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Anand Mahindra lauds Asian Para Games gold medalist, pledges customised car
An individual reacted to Anand Mahindra’s post on athlete Sheetal Devi and expressed, “She is truly an inspiration for all of us. Great to see this sir.” | Trending Key Points
Hindustan TimesIndia's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaIndia's Tech Mahindra shares slide on biggest profit drop in 16 years
Shares of Indian IT services company Tech Mahindra (TEML.NS) dropped to nearly a three-month low on Thursday, a day after the company posted its biggest profit drop in 16 years. Key Points
ReutersIndia's Tech Mahindra posts biggest profit fall in 16 years
India's Tech Mahindra (TEML.NS) on Wednesday posted its biggest fall in profit in over 16 years as expenses mounted and clients tightened spending amid a tough macroeconomic environment. Key Points
ReutersThis foldable e-bike has Anand Mahindra excited… why? A look at the Hornback X1
Seemingly happy with the product, Anand Mahindra informed his followers on X that the new e-bike is available for purchase on Amazon and Flipkart. But not before disclosing that he is an investor in Hornback. Key Points
mint
India's oldest billionaire Keshub Mahindra passes away at 99
India's oldest billionaire and veteran industrialist, Keshub Mahindra, passed away at the age of 99. Mahindra, who was the chairman emeritus of the Mahindra Group, had been admitted to the hospital earlier this week due to age-related health complications. Mahindra was a towering figure in the Indian business world, having led the Mahindra Group for over three decades. Under his leadership, the group diversified into various industries, including automobiles, aerospace, and hospitality. He was also a vocal advocate for sustainable business practices and was known for his philanthropic initiatives. Born in Lahore in 1923, Mahindra started his career in the Tata Group before joining Mahindra & Mahindra in 1947. He quickly rose through the ranks and became the company's chairman in 1988. He continued to play an active role in the group's affairs even after stepping down as chairman in 1997. Mahindra was also known for his contributions to the Indian economy and was awarded the Padma Bhushan, India's third-highest civilian award, in 2005. He was also a member of various government committees and was a key figure in shaping India's economic policies. The news of Mahindra's passing has been met with sadness and condolences from across the business and political spectrum. Many have paid tribute to his contributions to the Indian economy and his leadership in the business world. In a statement, Anand Mahindra, the current chairman of the Mahindra Group, said, He was a visionary leader who believed in the power of entrepreneurship to drive change and create a better world. He will be deeply missed by all of us. Mahindra's passing is a significant loss for the Indian business community, and his legacy will continue to inspire generations of entrepreneurs and business leaders in the years to come. India's oldest billionaire Keshub Mahindra passes away at 99 Photogallery at ETimes Key Points
Times of IndiaAPG, IFC & AIIB in race to put $250 million into Mahindra InvIT
Mahindra Susten's businesses include the Mahindra Group's renewable-focussed engineering, procurement and construction (EPC) unit (with more than 4 GW of capacity constructed) as well as an independent power production (IPP) unit with around 1.54 GW of operational solar plants. The entire 1.54 GW will be transferred to the InvIT. Key Points
Economic TimesMahindra unveiled the Thar.E in Cape Town to go beyond off-roading
Mahindra used the opportunity to launch their ‘OJA’ tractors in the 20-40 horsepower range. It is targeting markets outside India. Key Points
ThePrintMahindra to inspect over 1 lakh units of XUVs for potential wiring issues
Mahindra & Mahindra Ltd., India's leading SUV manufacturer on Friday announced that they will be undertaking a proactive inspection of over 1 lakh XUV700 models due to potential wiring issues, said the company through its exchange filing. Key Points
Economic TimesM&M bets Oja will help double tractor exports
The new tractors are designed for key global markets and will open up the light-weight small tractor market for Mahindra. The company aims to increase its market share in the light-weight tractor segment to over 40%. Key Points
mint
Maruti races ahead in SUV sales in July
The country's largest passenger vehicle maker raced ahead of home grown automaker Mahindra & Mahindra in the fast-growing segment with sales of 42,620 units last month. Mahindra sold 36,205 units, while Hyundai Motor India was next at 32,991 units. Key Points
Economic TimesMahindra Group’s recent strategies have paid off: Anand Mahindra at AGM
Mahindra Group's strategy of identifying businesses for future growth and focusing on capital allocation and scale is paying off, according to Chairman Anand G Mahindra. The company achieved its target ROE ahead of schedule. The group plans to invest Rs 10,000 crore into MEAL. Key Points
Economic TimesIndia's Mahindra and Mahindra does not intend to invest more in RBL
Mahindra and Mahindra (MAHM.NS) does not intend to build on its stake in RBL Bank (RATB.NS), the Indian automaker said on Friday, roughly a week after its purchase of a 3.5% stake in the lender sparked investor concerns. Key Points
Reuters'Need to see compelling strategic value': M&M on investing further in RBL Bank
Last week, Mahindra and Mahindra said it has acquired a 3.53 per cent stake in RBL Bank Ltd for Rs 417 crore. Key Points
Business TodayM&M gives 3 reasons for investing Rs 400 crore in RBL Bank
We saw an opportunity with an attractive valuation at less than 1x P/B for a very solid bank with a strong management team. We will explore potential for synergies as well, M&M said in a release while announcing its quarterly numbers. Key Points
Economic Times
Temasek to invest Rs 1,200 cr in M&M's EV business at Rs 80,580-cr valuation, to hold stake up to 3%
Following the investment, Temasek will hold a stake in the range of 1.49-2.97 per cent in EV business. Key Points
Business TodayTemasek to invest in Mahindra EV unit at $9.8 bln valuation
Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's (MAHM.NS) electric vehicle unit at a valuation of up to $9.8 billion, the Indian automaker said on Thursday. Key Points
ReutersIndia's Mahindra and Mahindra shares slump after RBL Bank stake buy stirs concern
Shares of India's Mahindra and Mahindra (MAHM.NS) fell nearly 7% on Thursday after the conglomerate's stake purchase in private lender RBL Bank (RATB.NS) raised concerns about the rationale of its capital allocation strategy. Key Points
ReutersIndia's Mahindra & Mahindra picks up 3.53% stake in RBL Bank for $51 mln
Indian tech-to-tractor conglomerate Mahindra & Mahindra (MAHM.NS) on Wednesday said it bought a 3.53% stake in private lender RBL Bank (RATB.NS) for 4.17 billion rupees ($50.8 million). Key Points
ReutersM&M buys 3.5% stake in RBL Bank for Rs 417 crore; may raise stake further
“We may consider further investment subject to pricing, regulatory approvals and required procedures. However, in no circumstances will it exceed 9.95,” M&M says Key Points
Economic Times
India's Mahindra Holidays posts 99% slump in Q1 profit as Europe losses weigh
Mahindra Holidays and Resorts India (MAHH.NS) reported a 99% slump in first-quarter profit on Tuesday, hit by higher expenses and widening losses in Europe. Key Points
ReutersHow billionaire backing turned kabaddi into India’s No. 2 sport
Originating in southern Tamil Nadu, kabaddi's name is derived from two words: kai pidi, meaning holding hands. It is said to have been played thousands of years ago, even by the Buddha, Siddhartha Gautama. Key Points
Economic TimesSudha Mahindra passes away months after industrialist husband Keshub Mahindra's death
Sudha Mahindra, wife of late industrialist Keshub Mahindra, has passed away. Anand Mahindra, Chairman of Mahindra Group, confirmed the news on Twitter. Key Points
mintAnand Mahindra shares staircase storage space video; internet users share theirs in return
Anand Mahindra tweeted a video from a page ‘Its Wood Working,’ that shows a big wooden storage space fitted well beside a staircase. It gathered 6.6 lakh views Key Points
FirstpostWhen Anand Mahindra and Mukesh Ambani had to hail an Uber taxi
Anand Mahindra and Mukesh Ambani were part of India business delegation at India-US Hi-Tech Handshake event. Prime Minister Narendra Modi and US President Joe Biden had attended the event. Key Points
Economic Times
Swaraj Tractors pumps in Rs 200 crore; to roll out two lightweight models
Swaraj Tractors on Friday announced it has developed a new platform for compact lightweight tractors with an investment of Rs 200 crore and said it will roll out two models with price starting from Rs 5.35 lakh (ex-showroom). The tractor brand under the Mahindra Group also announced roping in Indian Key Points
The Tribune IndiaMarkets settle with gains after two days of fall
During the day, the 30-share BSE Sensex jumped 291.3 points or 0.46% to 62,719.84. Key Points
The HinduTech Mahindra Share Price Live blog for 02 Jun 2023
Tech Mahindra stock price went up today, 02 Jun 2023, by 0.29 %. The stock closed at 1117.75 per share. The stock is currently trading at 1120.95 per share. Investors should monitor Tech Mahindra stock price closely in the coming days and weeks to see how it reacts to the news. Key Points
MintMahindra CIE share price jumps over 8% as M&M offloads 3.2% stake; M&M share price falls
Around 1.2 crore equity shares representing 3.2% stake worth ₹560 crore in Mahindra CIE Automotive changed hands at ₹458 per share, reports said. Key Points
mintAnand Mahindra turns 68: Here’s how the billionaire industrialist grew hit net worth $2.1 billion
Anand Mahindra ranked 91 in the annual richest list published by Forbes magazine in 2022. Anand Mahindra is the third generation scion of the Mahindra clan and currently heads the $19 billion (revenue) Mahindra & Mahindra group. His wealth mainly comes from his stakes in the Mahindra & Mahindra company, and from a stake in Kotak Mahindra Bank. Key Points
Financialexpress
Mahindra veteran Arun Nanda announces retirement
Arun Nanda, Chairman, Mahindra Holidays & Resorts India Ltd. (MHRIL), after working in the Mahindra group for 50 years, has decided to retire. He has notified the Board that he would not seek reappointment, consistent with the age limit for non-executive roles. Key Points
The HinduMahindra Lifespaces inks pact to redevelop housing society in Mumbai’s Malad suburb
The project to be developed on the land parcel spread over around 3.68 acres is estimated to offer Mahindra Lifespaces a revenue potential of around Rs 850 crore. Key Points
Economic TimesJapan’s Mitsubishi Electric mulls $222-mn AC unit in Tamil Nadu
Mitsubishi Electric India Pvt. Ltd. will set up a $222 million plant to manufacture air-conditioners and compressors at Origins by Mahindra, near Chennai. Key Points
The HinduSteered Mahindra group for half-century, took it to stupendous heights
The country’s oldest billionaire Keshub Mahindra, whose surname is synonymous with SUVs in India, passed away peacefully in his sleep in Mumbai on Wednesday. He was 99. Key Points
The Tribune IndiaPioneering industrialist Keshub Mahindra passes away
India Business News: India’s oldest billionaire, philanthropist and doyen of India Inc, Keshub Mahindra, passed away on Wednesday. He was 99. Key Points
Times Of India
Keshub Mahindra (1923 – 2023): End of an era, but one that laid the foundation for future
At the heart of all his actions was the will to drive positive change in the lives of our communities. He truly cared and initiated a number of actions to make a tangible difference, well before CSR became a regulatory mandate. I will personally remember him for his obsession with ethics and integrity, which were highlighted in every conversation we had. Key Points
Economic TimesNoted industrialist Keshub Mahindra passes away at 99
Keshub Mahindra, chairman Emeritus of Mahindra Group, passed away peacefully on Wednesday morning in Mumbai, the Mahindra Group said in a statement. He was 99. Key Points
The HinduWho was Keshub Mahindra, India’s oldest billionaire and Mahindra group veteran chairman, who passed away today
Born in 1923, Keshub Mahindra served as the chairman of Mahindra & Mahindra from 1963 to 2012. He then retired from the post and assumed the position of the group’s Chairman Emeritus. Key Points
FinancialexpressFrom Mahindra & Mohammed to M&M: Keshub Mahindra's corporate journey
Keshub Mahindra the entrepreneur was one of the 'Midnight's Children', for his career began with the birth of the Indian nation in 1947. In a way, his career ran parallel to the growth of the nation — from steel to tractors to software to electric vehicles, it traced the industrial trajectory of India. With Mahindra's demise, India's corporate world has lost a doyen while the nation has lost an important witness to its evolution and a fellow traveller on its path to economic growth. Key Points
Economic Times