MAHINDRAS

  • Kotak Mahindra to buy ING Vysya Bank in all-stock deal November 20, 2014

    Mumbai: Private lender Kotak Mahindra Bank Ltd said on Thursday its board had approved the acquisition of local rival ING Vysya Bank Ltd in an all-stock deal, a move that could kick-start consolidation in the banking sector. Dutch lender ING Groep NV owns roughly a 43 per cent stake in ING...
  • Mahindra recalls 2,300 units of Scorpio, XUV500, Xylo to rectify a defective vacuum pump in engines November 19, 2014

    New Delhi: Homegrown auto major Mahindra & Mahindra is recalling 2,300 units of different variants of its popular SUVs Scorpio and XUV500, and multi purpose vehicle Xylo to rectify a defective vacuum pump in engines manufactured in May this year. The preventive inspection and replacement, if needed, of the vacuum pump...
  • Great opportunity for India and Australia to strengthen ties: Anand Mahindra November 15, 2014

    One of India's top business leaders Anand Mahindra on Saturday said that the Prime Minister Narendra Modi's visit will strengthen India- Australia ties. ...
  • Mahindra plans to launch two new compact SUVs in 2015 November 13, 2014

    New Delhi: Auto major Mahindra & Mahindra plans to launch three new vehicles, including two compact SUVs, next year as it looks to strengthen its position in the domestic market. In the two-wheeler segment, the firm which is in the process of acquiring 51 per cent stake in Peugeot Motocycles for...
  • Ashamed to say my children studied abroad, says Uday Kotak November 5, 2014

    New Delhi: Pitching for major reforms in the country's education system, noted banker Uday Kotak on Wednesday said that he is "ashamed" to say that his children had to go overseas to study as he felt those courses were better abroad. Speaking during a session on education at the India...
  • Overdrive: Concurring the Himalayas October 18, 2014

    In one of our toughest journeys yet, team Overdrive embarks on a 1000km drive to Ladakh. ...
  • Modi's G-All mantra left major impact on world community: MD Mahindra Group September 30, 2014

    Managing Director and Chairman of Mahindra Group Anand Mahindra is enthusiastic about investments in Indian Market. Complementing PM Modi's US visit the corporate said the G-All mantra will leave major impact. ...
  • Mahindra Gusto review: The nicest scooter built by Mahindra to date September 29, 2014

    The Mahindra Gusto is the company's first attempt at the competitive 110cc scooter market in the country and is priced at Rs 43,000 for the DX and Rs 47,000 for the VX ex-Delhi. What I like most about the Gusto is that it is an interesting and fairly unique looking...
  • Mahindra Gusto scooter launched at Rs 43,000 in India September 29, 2014

    Mahindra and Mahindra's two wheeler division has launched a new 110cc scooter. The Mahindra Gusto is the company's first attempt at the competitive 110cc scooter market in the country and is priced at Rs 43,000 for the DX and Rs 47,000 for the VX ex-Delhi. There are two variants of...
  • Mahindra Quanto AMT to be launched in India by the end of this year September 28, 2014

    Among Mahindra's many displays at the 12th Auto Expo earlier this year was the Quanto compact UV with an AMT (automated manual transmission) gearbox. The car slipped into the sidelines, especially over the last two months that have been teeming with launches. However, at the launch of the brand new...
  • 'Make In India' has to be made successful, says Anand Mahindra September 25, 2014

    Mumbai: Mahindra Group Chairman Anand Mahindra on Thursday said that every citizen would have to play a part in making Prime Minister Narendra Modi's ambitious 'Make In India' project successful. "We have to make this (project) work. We all have to do our bit," Mahindra told reporters, responding to a question...
  • New Mahindra Scorpio review: The Scorpio just received its biggest upgrade September 25, 2014

    If there was a book on the most significant cars that defined the Indian automobile industry, the Mahindra Scorpio would definitely feature in it. More than a decade after launch, it still is one of the top-selling vehicles in the highly competitive SUV segment. In some states in India, it...
  • Mahindra launches the new Scorpio SUV at Rs 7.98 lakh September 25, 2014

    The new Scorpio is here in the form of the next generation model from Mahindra. It may look like a facelifted variant because there are a lot of resemblances to the outgoing Scorpio. However, this 2015 model features an all-new chassis that will now be used in all future body...
  • Mahindra to launch new scooter Gusto in India on September 29; aims to take on Honda Activa September 24, 2014

    New Delhi: Homegrown auto major Mahindra & Mahindra is looking to take on scooter market leader Honda's flagship model Activa with its upcoming model Gusto. The Gusto will be first launched in the Northern and Western markets of India and Nepal on September 29, followed by South Asia, Central America and...
  • New Mahindra Xylo launched in India at Rs 7.24 lakh September 23, 2014

    Mahindra has launched the updated Xylo in India at a starting price of Rs 7.24 lakh, ex-Mumbai. The company has made some cosmetic as well as mechanical changes to the MUV. The new Mahindra Xylo's front end has been tweaked and there is a chrome strip running near the bonnet. The...
  • New Mahindra Scorpio to be launched in India on September 25 September 22, 2014

    The facelifted Scorpio that's been spotted testing quite a few times, is set to hit showrooms on September 25. Codenamed W105, the new Scorpio will be Mahindra and Mahindra's attempt at breathing new life into the bestselling SUV ever since its launch in 2002. The updated Mahindra Scorpio gets a new...
  • New Mahindra Scorpio bookings now open on Snapdeal September 19, 2014

    New Delhi: Homegrown auto major Mahindra & Mahindra has tied up with Snapdeal for online prebookings of the company's upcoming new version of SUV Scorpio. "We wanted to open prebookings for the new Scorpio a week ahead of the launch. So, apart from letting customers book at our showrooms, we also...
  • CCI imposes Rs 2,545 crore penalty on 14 car makers August 25, 2014

    New Delhi: In the first major order against auto players, the Competition Commission on Monday slapped a penalty of Rs 2,545 crore on 14 car makers, including Maruti Suzuki and Tata Motors, for violating trade norms in the spare parts and after services market. Honda Siel Cars India, Volkswagen India, Fiat...
  • Mahindra Centuro Rockstar launched in India at Rs 44,558 August 25, 2014

    Mahindra 2 Wheelers has tasted success with the launch of the Centuro motorcycle. However, since its launch, the competition has also ramped up in the 100110cc segment. The new entrants include Hero's Passion Pro TR, TVS Star City +, Bajaj Discover 100M and many more. To counter this, Mahindra has...
  • Small process changes matter, not big bang reforms: Anand Mahindra August 24, 2014

    New Delhi: Giving a thumbs up to the BJP government, leading industrialist Anand Mahindra says Prime Minister Narendra Modi's focus on setting processes right is more important than big bang reforms. "Up to now I am very heartened that what I am seeing happen is that somehow the PM has signalled...
  • Mahindra launches the new Rodeo UZO 125 scooter at Rs 47,957 August 15, 2014

    Mumbai: The new Rodeo UZO 125 from Mahindra Two Wheelers has hit showrooms. It is powered by a 125cc engine with external front fuelling, and sports accented bodycoloured impact resistant mirrors, feature loaded fully digital dashboard that incorporates a host of functions like a speedometer, tachometer, odometer, trip meter, fuel...
  • AIMA Awards 2014: In conversation with Deepak Parekh, Uday Kotak, N Chandrasekaran August 10, 2014

    On the 5th edition of AIMA Managing Awards 2014, CNBC TV18's Shereen Bhan talks to HDFC Chairman Deepak Parekh who won Lifetime Contribution Award, MD of Kotak Mahindra Bank Uday Kotak who achieved Transformational Business Leader of the year and CEO & MD of Tata Consultancy Services N Chandrasekaran who...
  • Mahindra recalls 23,000 units of Scorpio Ex variant July 9, 2014

    New Delhi: Homegrown auto major Mahindra & Mahindra is recalling around 23,000 units of a select variant of its popular sports utility vehicle Scorpio to rectify faulty pressure regulating valves. The company said it would carry out preventive inspection of some parts of its Scorpio Ex variant manufactured between May 2012...
  • '51 pc FDI in defence will be a game changer for India' June 26, 2014

    New Delhi: Raising foreign direct investment cap to at least 51 per cent in the defence sector will help India become a major manufacturing and export hub, reducing dependency on imported equipment. "India can be a gamechanger only by allowing at least 51 per cent FDI in the sector. With...
  • Date of verdict in Satyam case to be announced on July 28 June 26, 2014

    Hyderabad: A special court will announce on July 28 the date of verdict in the case relating to multicrore accounting fraud in erstwhile Satyam Computer Services Limited. The special court, which was to pronounce the date on Thursday, deferred it by over a month. Special Judge B.V.L.N. Chakravarthi of 21st additional chief...
  • RAW wants background check of telcos setting up ILD facility May 26, 2014

    New Delhi: Security agency Research and Analysis Wing has asked the Department of Telecom to make background verification of telecom companies mandatory even before granting them provisional permission for starting international long distance communication services. "R&AW has requested that security clearances from the national security agencies viz, R&AW and IB for...
  • Overdrive: Comparison of Santa Fe, Rexton and CR-V March 30, 2014

    In this episode of Overdrive, get all the information on Hyundai Santa Fe, Mahindra Ssangyong Rexton and Honda CR-V. ...