Mahindra and Mahindra Ltd (MAHM.BO)
Tue, Jun 13 2017
* Gets members' nod for scheme of arrangement between co & Mahindra Two Wheelers Ltd
* May total sales of 41895 units versus 40,656 units last year
* Seeks members' nod for appointment of Pawan Goenka as MD of co for 4 years
May 30 Automaker Mahindra & Mahindra Ltd posted a nearly 20 percent rise in fourth-quarter profit after tax on Tuesday, beating analysts' estimate.
* Mahindra and Mahindra Ltd consensus forecast for march quarter profit was 6.91 billion rupees
MUMBAI, May 24 Indian automaker Mahindra & Mahindra will invest in building long-range electric vehicles, high-power battery packs and power trains in an effort to boost green car sales, senior company executives said on Wednesday.
* Exec says co will launch next electric vehicle in second half of 2019 Further company coverage:
* April total sales of 39,357 units versus 41,863 units last year
* Mahindra builds electric cars in India, two-wheelers in the U.S.
* Exec says India's tractor industry to post double digit sales growth in 2017/18