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02.06.25 - 22:30
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Auto companies flag China′s magnet supply risks (Times of India)
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The Indian auto industry is facing a potential production shutdown due to China's export restrictions on rare earth magnets, crucial for various vehicle components. Companies like Maruti Suzuki, Mahindra, and Bajaj Auto are at risk, with Bajaj Auto anticipating a significant impact on EV production by July....
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21.05.25 - 00:06
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Mahindra Auto Hopes Trade Talks Can Open New Markets (Bloomberg)
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Nalinikanth Gollagunta, Automotive Division CEO at Mahindra & Mahindra, says he hopes trade negotiations between India and other countries can open new markets. He speaks with David Ingles on "Bloomberg: The China Show." (Source: Bloomberg)...
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27.04.25 - 00:42
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Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore (Times of India)
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Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo Corporation's 44% stake and Isuzu Motors' 15% stake, triggering a mandatory open offer for public shareholders....
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22.04.25 - 19:12
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Mahindra Finance Q4 profit falls 9% to Rs 563 crore as credit costs surge (Times of India)
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Mahindra Finance reported a 9% decline in standalone profit, reaching Rs 563 crore in the March quarter, impacted by increased provisions. While net interest income rose by 9% to Rs 2,156 crore, driven by loan book growth, a narrower interest margin and higher credit costs affected the bottom line. The lender maintains a comfortable capital adequacy ratio and liquidity buffer....
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06.03.25 - 02:36
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′Tesla can′t do what TaMo, Mahindra have done in India′ (Times of India)
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Sajjan Jindal of JSW group suggests that Elon Musk's entry into India's electric vehicle market with Tesla will face tough competition from local firms like Tata Motors and Mahindra & Mahindra. Jindal is confident about the success of his own auto venture and plans an all-new EV brand....
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22.01.25 - 20:36
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Car companies to replicate tele tower network (Times of India)
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Car companies like Tata Motors, Maruti Suzuki, Mahindra & Mahindra, and JSW MG are preparing extensive charging infrastructures to support their electric vehicles. These initiatives include home chargers and robust public networks, with Maruti targeting charging stations in 1,000 cities and Tata expanding collaborations with charge point operators to install over 10,000 public chargers....
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17.01.25 - 00:48
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M&M rolls out ′returnship′ programme for women (Times of India)
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The Mahindra group launches SOAR, a unique returnship program aimed at reintegrating women who took career breaks into mainstream roles. The initiative seeks to address gender disparity by offering permanent roles, mentorship, and training. The move follows industry trends to enhance female labor participation rate and reduce the gender gap....
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02.01.25 - 01:24
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Brigade of green SUVs to charge up roads (Times of India)
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2025 will see a significant push towards electric vehicles (EVs) in India, with major carmakers such as Maruti Suzuki, Hyundai, Mahindra, Tata Motors, and others planning launches. Despite concerns over infrastructure, EVs will span various price points, with SUVs being the primary focus....
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