Anand Mahindra

  • Indian kabaddi takes a big leap with first professional league March 16, 2014

    Mumbai: India's first professional kabaddi league, in which some well-known entrepreneurs have evinced interest as team owners, was on Friday launched with much fanfare at NSCI Sardar Vallabhai Patel Stadium in Worli. The league, Pro Kabaddi, is a joint initiative of industrialist Anand Mahindra and sports commentator Charu Sharma through...
  • Indian of the Year 2013: Nominees in Business category December 10, 2013

    Like every year, CNN-IBN will honour the ones who have made a difference to the society in their field of expertise in the year 2013. The nominations for Indian of the Year Awards 2013 in the business category are Adiya Ghosh, Rahul Bhatia, Anand Mahindra, N Chandrasekaran, Nitin Paranjpe, Pawan...
  • Youngsters who will drive India forward losing patience: Mukesh Ambani November 13, 2013

    Mumbai: Reliance Industries Ltd Chairperson Mukesh Ambani has warned that India's youngsters who have to drive the nation forward are losing patience. "The aspirations of the youngsters is phenomenal today and the youth is India's strength," he said in Mumbai on Tuesday. He went on to say, "The youth today is...
  • Anil Ambani compares Modi to Gandhi, Dhirubhai January 11, 2013

    Ahmedabad: Reliance ADAG Chairman Anil Ambani on Friday compared Gujarat Chief Minister Narendra Modi to to Mahatma Gandhi, Sardar Patel and Dhirubhai Ambani at the Vibrant Gujarat Summit 2013. Modi will reach out to around 50,000 investors at the Vibrant Gujarat Summit, inviting them to set up shop in Gujarat....
  • Delhi gangrape: Anand Mahindra offers victim a job December 19, 2012

    New Delhi: Anand Mahindra, Chairman and Managing Director of the Mahindra Group, has assured the Delhi gangrape victim of a job in his business house. Mahindra tweeted that he was ready to give the 23-year-old girl, who is battling for her life in Delhi's Safdarjung Hospital, a job. "We assure...
  • Mahindra & Mahindra's American speed bump June 27, 2012

    On January 1, 1959, the government of Fulgencio Batista fell and Fidel Castro seized power in Cuba. Rumours started doing the rounds that all children would be taken against their parents’ wishes and sent to military schools or to Soviet labour camps. America’s Central Intelligence Agency launched Operation Pedro Pan....
  • Satyam-TechM merger to create $ 2.4 bn IT giant March 21, 2012

    Mumbai: The diversified Mahindra Group on Wednesday announced the long-awaited merger of Mahindra Satyam with its another technology arm Tech Mahindra in an all-share deal that would create the country's fifth largest software firm with an estimated annual revenue of about $ 2.4 billion. Under the deal, which was cheered by...
  • Mahindra and Mahindra unveils new Moto3 bike November 30, 2011

    “Ladies and gentlemen, watch out. The Indians are coming.” With these words, Anand Mahindra whipped the veil off the latest Moto3 bike to break cover. The Mahindra, using an anachronistic steel-tube frame for ease of development, is the third full Moto3 bike to be formally unveiled. Mr Mahindra, managing director...
  • Banking at high velocity: Uday Kotak November 11, 2011

    Uday Kotak Age: 52 Profile: Founder of Kotak Mahindra Bank and India’s first billionaire banker. Rich List Rank: 15 Wealth: $ 3.6 billion His Strength: -Building a team that enjoys what it does. -During every crisis, the entire top team would huddle together like a cricket team To see how far Uday Kotak has come, you don’t have...
  • Air India in trouble, directors against Jadhav November 2, 2010

    New Delhi: Top Air India executives including Chairman and Managing Director Arvind Jadhav may be on their way out as the airline finds itself in rough weather again. The airline's independent directors have expressed no confidence in the current leadership under Jadhav. The independent directors have closed ranks and are all...
  • Forbes India: Building dreams from Satyam's rubble July 17, 2009

    Creation is only the first phase. You then have to move on to the next phase of sustaining that creation to the realm of Vishnu the preserver… Perhaps that is why Vishnu comes not in one, but in ten incarnations. - Anand Mahindra, February 13, 2008, Nasscom Leadership Summit Anand Mahindra has...
  • CP Gurnani is new CEO of Mahindra Satyam June 23, 2009

    Mumbai: Asserting its control over Mahindra Satyam, Tech Mahindra on Tuesday appointed its executive C P Gurnani CEO of the company it acquired through open auction. The company also appointed S Durgashankar CFO of the Mahindra Satyam whose account books were cooked by the previous management in what is now...
  • Satyam strong and safe, says Mahindra April 20, 2009

    Hyderabad: Tech Mahindra, the new owner of Satyam Computer Services, on Monday said it was excited about the prospects of the fraud-hit IT major and that restoring financial health was the priority. After the first meeting with the government-appointed board, Chief of Mahindra Group, Anand Mahindra, said Satyam would remain a...
  • We put our best foot forward: Mahindra on Satyam April 13, 2009

    Mumbai: Scam-hit Satyam now belongs to Venturbay Consultants, a subsidiary of Tech Mahindra. It outbid L&T's offer of Rs 49.50 a share to take a 31 per cent stake in the company for Rs 1,756 crore. The Government-appointed board, after months of handholding, is today satisfied with the deal. “I am...
  • Satyam poses challenges, says Tech Mahindra April 14, 2009

    Mumbai: Tech Mahindra, which on Monday agreed to acquire a controlling stake in Satyam Computer Services, admitted the crisis-ridden IT firm's liabilities would add to the challenges usually associated with an acquisition. "We have taken on a challenge and we will make it work," Mahindra and Mahindra Group Vice-Chairman and Managing...
  • Mahindra & Mahindra IPO to hit market soon December 3, 2007

    New Delhi: Mahindra and Mahindra is all set to launch its IPO, which shall hit the market soon. Vice-Chairman and Managing Director of the group, Anand Mahindra outlined the plans for Club Mahindra. “It’s a work in process,” he said. “All the issues issues - what is the amount we are going to...