Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported domestic tractor sales of 25,159 units in November 2018, as against 21,271 units during November 2017, registering a growth of 18%. Total tractor sales (domestic + exports) during November 2018 were at 25949 units, as against 22994 units for the same period last year. Exports … Read more
Mahindra & Mahindra (M&M) is planning to invest as much as Rs 1,000 crore in Karnataka in order to build a facility for the development and manufacturing of electric vehicles (EVs). The company will implement the project through its subsidiary, Mahindra Electric Mobility. M&M is the flagship company of the Mahindra Group, a multinational conglomerate … Read more
Mahindra & Mahindra (M&M) has reported results for second quarter ended September 30, 2018. The company has reported 23.87% rise in its net profit at Rs 1,649.46 crore for the quarter under review as compared to Rs 1,331.57 crore for the same quarter in the previous year. Total income of the company increased by 8.55% … Read more
Mahindra & Mahindra (M&M) has launched a new variant of its popular SUV Scorpio priced at Rs 13.99 lakh (ex-showroom Delhi). The ‘feature-packed’ S9 will be available pan India across Mahindra dealerships with immediate effect. The new variant will be powered by the mHAWK engine with 140 bhp and is equipped with features such as … Read more
