Mahindra & Mahindra (M&M) shares will be in the spotlight on Thursday, November 13, following the company’s announcement of a joint venture agreement with The Manufacturers Life Insurance Company (Manulife) to establish a 50:50 life insurance joint venture in India.The agreement was approved by M&M’s Board of Directors on November 12 and executed the same […]
French multinational bank Societe Generale on Thursday bought over 31.61 lakh shares worth Rs 101 crore in RBL Bank in a bulk deal. The shares were bought at a price of Rs 320.65 each, which was a discount of 1% to the last closing price of Rs 323.85 on the NSE.The stock was in news […]
Mahindra & Mahindra (M&M) is likely to sell its entire 3.5% stake in RBL Bank through a block deal worth around $78 million (₹691 crore), marking a complete exit from the private lender.The sale is scheduled for Thursday, with Kotak Securities acting as the sole broker for the transaction, insiders said. The floor price for […]
The Indian automotive industry witnessed robust growth in October 2025, supported by festive demand and strong consumer confidence. Major automakers Hyundai, Mahindra & Mahindra, TVS Motor, Toyota Kirloskar and Kia India all reported healthy year-on-year profits in key segments. Hyundai Motor India Ltd (HMIL) reported total sales of 69,894 units, including 53,792 domestic units and […]
Mahindra & Mahindra announced the price reduction on his passenger vehicles on Saturday, which vary to RS 1.56 Lakh with immediate effect after the GST rate for customers. The revised prices for all applicable ICE portfolios are in force from 6 September 2025 and will be updated transparently between dealers and digital platforms, the company […]
Mahindra & Mahindra shares emerged as the striking profit in India’s auto sector after sweeping tax cuts under the new “GST 2.0” regime, with the shares that on Thursday up to 9% of chats as brokerages including Emkay Global, Motilal Oswal, and Icici immediately said M & M said devision. Finance Minister Nirmala Sitharaman announced […]
Carm makers and car retailers can be confronted with a potential loss on more than 600,000 unsold vehicles due to a lack of clarity about the treatment of compensation provision of 1-22% about vehicle categories under current goods and service tax (GST) regime. Automakers and dealers said etc. that the GST Act must be amended […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]
Record sales of the Collector’s Edition is also an indication of the demand for large passenger vehicles in India, in particular SUVs. Vigilante Superhero Batman has the reputation to be quick and loyal to that Ethos, Mahindra & Mahindra’s select 6 Batman edition, consisting of 999 units, was sold out within 135 seconds after the […]
Mumbai: Mahindra & Mahindra is planting a calibrated push in important overseas markets, anchored by a new modular platform that will produce its next generation SUVs. However, the automaker will continue to prioritize leadership in the market share of turnover over enormous volume win, a senior manager said.“Volume -sharing profits happen themselves, but our metric […]