News: Mahindra and Mahindra Ltd (MAHM.BO)

MAHM.BO on Bombay Stock Exchange

1,254.75INR
22 May 2015
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Rs4.15 (+0.33%)
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Rs1,250.60
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Thu, May 21 2015

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India's Mahindra to buy stake in Mitsubishi Heavy's farm machinery unit

MUMBAI - Indian vehicle maker Mahindra and Mahindra Ltd said on Thursday it would buy a 33 percent voting stake in the agricultural machinery-making unit of Mitsubishi Heavy Industries Ltd for $25 million.

India's Mahindra to buy stake in Mitsubishi Heavy's farm machinery unit

MUMBAI, May 21 - Indian vehicle maker Mahindra and Mahindra Ltd said on Thursday it would buy a 33 percent voting stake in the agricultural machinery-making unit of Mitsubishi Heavy Industries Ltd for $25 million.

Pininfarina CEO says no deal yet with Mahindra

TURIN, Italy, April 29 - Italy's Pininfarina is yet to reach an accord with Indian vehicle maker Mahindra & Mahindra over a possible sale, the chief executive of the car design company told shareholders on Wednesday.

INDONESIA PRESS-India's Mahindra plans assembly plant in N.Sumatra - Bisnis Indonesia

Indian utility-vehicle maker Mahindra & Mahindra, through its Indonesian sales agent PT Tawang Swasti Rawikara, plans to invest up to 300 billion rupiah ($23.2 million) to build an assembly plant in North Sumatra, the Bisnis Indonesia daily reported, quoting Tawang Swasti general manager Mizan Allan.

Ssangyong Motor says Mahindra denies media report on plan to hike stake

SEOUL, April 24 - India's Mahindra and Mahindra Ltd has denied a media report that it plans to increase its stake in South Korean automaker Ssangyong Motor Co Ltd, a spokesman for Ssangyong Motor said on Friday.

Pininfarina says may have M&A news soon, Mahindra seen readying bid

MILAN - Italian car designer Pininfarina may have news soon about a possible tie-up, its chairman said on Wednesday, after sources said Indian car maker Mahindra & Mahindra aimed to submit a formal bid for the Italian brand by April 29.

UPDATE 1-Pininfarina says may have M&A news soon, Mahindra seen readying bid

MILAN, April 22 - Italian car designer Pininfarina may have news soon about a possible tie-up, its chairman said on Wednesday, after sources said Indian car maker Mahindra & Mahindra aimed to submit a formal bid for the Italian brand by April 29.

Mahindra & Mahindra aims to present bid for Pininfarina by April 29: sources

MILAN - Indian vehicle maker Mahindra & Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, two sources with knowledge of the matter said.

UPDATE 1-Mahindra & Mahindra aims to present bid for Pininfarina by April 29-sources

* Bid seen coinciding with Pininfarina shareholder meeting-sources

Mahindra & Mahindra aims to present bid for Pininfarina by April 29-sources

MILAN, April 20 - Indian vehicle maker Mahindra & Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's April 29 shareholder meeting, two sources with knowledge of the matter said.

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