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- Press Release
Mahindra Group Consolidated Net Profit up by 36.7%
Mumbai: Mahindra and Mahindra Limited today announced the unaudited financial results of the consolidated Mahindra Group for the first quarter ended 30th June 2008.
01 Aug,2008 - Press Release
Mahindra & Mahindra to enter the two-wheeler industry
Mumbai: Mahindra & Mahindra Ltd. (M&M), one of India's leading automotive companies, today announced that its Board of Directors has approved the acquisition of business assets of Pune-based Kinetic Motor Company Ltd. (KMCL). The acquisition will be done through a New Company to be formed. (New Co.). The consideration for the acquisition is a sum of Rs. 110 crores (subject to closing due diligence) plus 20 percent stake to KMCL in the New Co. M&M will hold the balance 80 per cent of the equity.
30 Jul,2008 - Press Release
M&M Q1 gross revenues up by 26%
Mumbai: The Board of Directors of Mahindra and Mahindra Limited today announced the unaudited financial results for the first quarter ended 30th June 2008 for the company and for the consolidated Mahindra Group.
30 Jul,2008 - Press Release
Punjab Tractors Ltd to merge with Mahindra & Mahindra Ltd
Mumbai: The Board of Directors of M&M and PTL today unanimously approved a scheme of amalgamation of Punjab Tractors Limited (PTL), an M&M subsidiary, with Mahindra & Mahindra Ltd. Mahindra owns a majority stake in Punjab Tractors Limited and had earlier acquired 63.33% stake in PTL in July 2007. MHFL, a wholly owned subsidiary of M&M, currently holds 1.31% of PTL, and is also in the process of being merged into M&M.
30 Jul,2008 - Press Release
Mahindra sign MOU with Govt.Maharashtra under PPP scheme to upgrade 2 ITIs at Ghodegaon & Manikdoh
Mumbai: Mahindra & Mahindra Ltd. (M&M), the leader in the Utility Vehicle segment in India, today announced that it will upgrade two Industrial Training Institutes (ITIs) at Ghodegaon and Manikdoh in Maharashtra under the Public Private Partnership (PPP) scheme approved by the Union Government.
25 Jul,2008 - Press Release
Mahindra Tractors is one of India's most innovative companies
Mumbai: Mahindra & Mahindra’s Farm Equipment Sector (FES) has featured in the top 10 list of most innovative Indian companies compiled by the Wall Street Journal as part of its survey to determine Asia’s 200 most-admired and innovative companies.*
24 Jul,2008
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