Mahindra and Mahindra Ltd (MAHM.NS)
30 May 2016
MUMBAI, May 30 Mahindra & Mahindra Ltd , India's top-selling utility vehicle maker, expects its automotive and tractor units to grow faster than the industry this fiscal year, an executive said after the company posted a rise in quarterly profit.
* Exec says will have options in petrol and diesel in all major models in 3-4 years
NEW DELHI, May 30 Mahindra & Mahindra Ltd , India's top-selling utility vehicle maker, on Monday reported a 6 percent rise in quarterly net profit helped by strong sales of its newly-launched SUVs, and rising demand for trucks as the domestic economy slowly recovers.
* Closing of accord with Mahindra & Mahindra is expected before June 30 deadline now that main conditions have been met
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03152016.pdf FACTORS TO WATCH 11:00 am: Budget session of parliament continues. 12:00 pm: Power Minister Piyush Goyal at India-Africa conclave. Join Sarvendra Srivastava, Director and Head Technical Research at Phisense, at 11:00 am IST as we head back to our much-talked about Technical chats. A well-known name in the market, Sarvendra Srivastava was previou
MUMBAI, March 14 Mahindra & Mahindra Ltd , India's top utility vehicle maker, plans to invest 100 billion rupees ($1.49 billion) over three fiscal years ending March 2018, the company said in an analyst presentation.
SEOUL South Korean automaker Ssangyong Motor Co , owned by India's Mahindra & Mahindra , is preparing for a "make or break" foray into the U.S. market under a new company name as early as 2019, its chief executive said on Tuesday.
SEOUL South Korean automaker Ssangyong Motor Co, owned by India's Mahindra & Mahindra, is preparing for a "make or break" foray into the U.S. market under a new company name as early as 2019, its chief executive said on Tuesday.
* Plans to spend $100 mln to change company name (Recasts with CEO comments on U.S. plan)
SEOUL, March 8 South Korean automaker Ssangyong Motor Co, owned by India's Mahindra & Mahindra , aims to turn around this year, its chief executive said on Tuesday, as it bolstered its line-up for sport utility vehicles (SUVs).
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