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  • Press Release
    Press Statement from M &M on the Joint Venture with BAE Systems

    Mumbai: Mahindra & Mahindra and BAE Systems are disappointed that approval is not forthcoming at this stage for the proposed 49% foreign shareholding in the intended Indian Land Systems Joint Venture. We are encouraged that Ministerial statements indicate that the prospect of a 49% foreign shareholding in defence JV enterprises remains an open issue for the future. We jointly remain of the view that the proposed 51/49 split properly reflects the shared vision and what both companies would be bringing to the intended JV.

    08 Oct,2008
  • Press Release
    MAHINDRA LIFESPACES RECEIVES PLATINUM - PRE-CERTIFICATION RATING FOR GREEN BUILDING PROJECT-SPLENDOR

    Mumbai: Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra & Mahindra group, has received India’s first Platinum – Pre-Certificate rating for Mahindra Splendour, Mumbai under the Indian Green Building Council (IGBC) Green Homes rating system. The certificate was presented by senior people from IGBC at the Green Building Congress 2008 held in Mumbai today.

    25 Sep,2008
  • Press Release
    Mahindra Intertrade supports Project Nanhi Kali by donating toys to over 26,100privileged children

    Mumbai: Mahindra Intertrade a Mumbai based subsidiary of Mahindra & Mahindra Ltd. donated toys worth Rs. 60 lacs to Project Nanhi Kali. High-priced and popular branded toys such as Barbie Dolls, Lego toys, Disney Toys and Rideons form part of this generous donation. It is a dream come true for the under privileged girl children who are beneficiaries of Project Nanhi Kali – a national girl child education sponsorship programme.

    22 Sep,2008
  • Press Release
    Mahindra launches the Scorpio Automatic

    Bangalore: Mahindra & Mahindra Ltd. (M&M), the leader in the UV segment in India, today launched the Scorpio Automatic which incorporates a fully automatic 6-speed gear box and the powerful 2.2 litre mHawk engine. Scorpio is the first Indian brand and the first SUV in its class to offer a 6-speed fully Automatic Transmission.

    22 Sep,2008
  • Press Release
    Mahindra Executive Director Arun Nanda conferred the highest French national award

    Mumbai: Mr. Arun Nanda, Executive Director, Mahindra & Mahindra was conferred the French government honour, the Knight of the National Order of the Legion of Honour (Chevalier de la Legion d’Honneur) by the visiting French Minister of State for Foreign Trade, Mrs Anne-Marie Idrac yesterday.

    18 Sep,2008
  • Press Release
    Mahindra Employees undertake relief work in flood-hit areas of Bihar

    ESOPS (Employee Social Options) initiative sees tremendous response from company workforce. Mumbai: Employees of the Mahindra Group, one of India’s leading business houses, are undertaking on-site relief activities to help those affected by the devastating floods in Bihar. These include distribution of food, clothing and other essential items to the flood affected.

    15 Sep,2008
  • Press Release
    Mahindra partners with State Bank of India,Bihar & Jharkhand for financing of Scorpio & Logan

    Patna: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto brands, has announced a tie-up with the State Bank of India (SBI) in Bihar and Jharkhand for financing of the Logan and Scorpio. This is a landmark agreement as it brings together the market leader in premium utility vehicles and one of India’s largest banks with a vast network of 1600 branches across both states.

    11 Sep,2008
  • Press Release
    Deming & Japan Quality Medal winner Mahindra Tractors launches its tractor range in Turkey

    Istanbul: Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today launched its international range of tractors in Turkey, in partnership with ILCE Otomotiv Servis ve Ticaret A.S., a group company of the ILCE Group. The latter is also the distributor for the Mahindra Goa and Pik Up range in Turkey.

    27 Aug,2008
  • Press Release
    Mahindra launches first Samriddhi Centre in Gujarat

    Jamnagar: Mahindra’s Farm Equipment Sector (FES), one of the world’s top tractor brands and the market leader in India, today launched its first Samriddhi Centre for farmers in Jamnagar, Gujarat. Samriddhi Centres have been specially set up by Mahindra to help farmers boost crop productivity and thereby enhance rural prosperity.

    21 Aug,2008
  • Press Release
    M&M acquires majority 3rd largest tractor company in China,forms JV with Yancheng Tractor Company

    Mumbai: Mahindra’s Farm Equipment Sector, one of the world’s top tractor brands and the market leader in India, today signed an agreement to form a Joint Venture (JV) in China with Jiangsu Yueda Yancheng Tractor Manufacturing Co. Ltd. (Yancheng Tractor), a leading Chinese tractor manufacturer. The tractor related assets & current liabilities of Yancheng Tractors will be transferred to this JV. The value of net assets transferred to this JV will be RMB 335 million (USD 50 million approx.). Mahindra will hold 51 per cent (outlay approx.

    18 Aug,2008
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