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- Press Release
Mahindra partners with State Bank of India,Bihar & Jharkhand for financing of Scorpio & Logan
Patna: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto brands, has announced a tie-up with the State Bank of India (SBI) in Bihar and Jharkhand for financing of the Logan and Scorpio. This is a landmark agreement as it brings together the market leader in premium utility vehicles and one of India’s largest banks with a vast network of 1600 branches across both states.
11 Sep,2008 - Press Release
Deming & Japan Quality Medal winner Mahindra Tractors launches its tractor range in Turkey
Istanbul: Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today launched its international range of tractors in Turkey, in partnership with ILCE Otomotiv Servis ve Ticaret A.S., a group company of the ILCE Group. The latter is also the distributor for the Mahindra Goa and Pik Up range in Turkey.
27 Aug,2008 - Press Release
Mahindra launches first Samriddhi Centre in Gujarat
Jamnagar: Mahindra’s Farm Equipment Sector (FES), one of the world’s top tractor brands and the market leader in India, today launched its first Samriddhi Centre for farmers in Jamnagar, Gujarat. Samriddhi Centres have been specially set up by Mahindra to help farmers boost crop productivity and thereby enhance rural prosperity.
21 Aug,2008 - Press Release
M&M acquires majority 3rd largest tractor company in China,forms JV with Yancheng Tractor Company
Mumbai: Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today signed an agreement to form a Joint Venture (JV) in China with Jiangsu Yueda Yancheng Tractor Manufacturing Co. Ltd. (Yancheng Tractor), a leading Chinese tractor manufacturer. The tractor related assets & current liabilities of Yancheng Tractors will be transferred to this JV. The value of net assets transferred to this JV will be RMB 335 million (USD 50 million approx.). Mahindra will hold 51 per cent (outlay approx.
18 Aug,2008 - Press Release
Nalin Mehta appointed Chief Executive Officer of Mahindra Renault Pvt Ltd
Mumbai: Mahindra Renault Pvt. Ltd. (MRPL), a joint venture between Mahindra & Mahindra and Renault S.A. of France, today announced the appointment of Mr. Nalin Mehta as Chief Executive Officer. Mr. Mehta will join the board of MRPL. Mr. Mehta will assume responsibility from Mr. Rajesh Jejurikar who will step down as Managing Director of MRPL from October 1, 2008. Mr. Jejurikar will, however, continue on the board of MRPL.
05 Aug,2008 - Press Release
Senior appointments at Mahindra's Automotive Sector
Mumbai: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto companies, today announced the appointment of Mr. Rajesh Jejurikar as Chief of Operations, Automotive Sector and Mr. Rajan Wadhera as Chief of Engineering and Development, Automotive Sector. Mr. Louis Pereira has been appointed CEO of Mahindra Automotive Limited (MAL). All appointments are effective from August 1, 2008.
05 Aug,2008
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