M&M collaborates with LG Chem for power storage technology
Mahindra & Mahindra (M&M) and LG Chem, Korean battery manufacturer has signed a deal to partner, in the filed of advanced lithium-ion power storage technology....
Tag : M&M
M&M to infuse up to Rs.176 crore in Zoomcar
Mahindra & Mahindra (M&M), will be investing up to Rs.176 crore in car and bicycle rental firm Zoomcar India and Zoomcar Inc, its US incorporated holding...
M&M to divest stake in JV Mahindra Sanyo
Mahindra & Mahindra (M&M), will be selling 22% of its stake in joint venture firm, Mahindra Sanyo to Sanyo Special Steel Co Ltd for Rs.146.32...
M&M to increase stake in its financial services arm
Mahindra & Mahindra will increase stake in its financial services arm, Mahindra & Mahindra Financial Services Ltd (MMFSL) to 53.25%. It will purchase 2.5 crore shares for...
M&M reports 22% increase in Q2 profit
Mahindra & Mahindra (M&M), has reported a rise of 21.97% in its YoY net profit at Rs.1,410.86 for the quarter ended September 30, against Rs.1,156.7...
M&M invests Rs.16 crore to replace LEDs at 18 plants
Mahindra & Mahindra has invested Rs.16 crore to replace LED lights at 18 manufacturing sites in collaboration with the state run Energy Efficiency Services Limited...
M&M announced foray into construction equipment space
Mahindra & Mahindra(M&M), has announced foray into construction equipment business by launching its first motor grader. M&M President Automotive Sector Rajan Wadhera stated,”We are targeting...
M&M to acquire Turkish tractor firm for Rs.815 crore
Mahindra & Mahindra (M&M), country’s largest tractor maker will buy Turkey”s fourth largest tractor maker,Erkunt Traktor Sanayii and its foundry business in all cash deal...
M&M,Ford to enter into strategic alliance for electric vehicles.
Mahindra & Mahindra, sports utility specialist vehicle and Ford the US giant, will be entering into a strategic alliance for the areas of product development,future...
M&M has divested 7.5% Mahindra Holiday stake for Rs 274 crore
Mahindra & Mahindra has divested 7.5 percent stake in the group hospitality arm Mahindra Holiday & Resorts India Ltd (MHRIL) for around Rs 274.36 crore....