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May 25, 2013
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mahindra
Ssangyong receives 80 billion won from Mahindra
Ssangyong Motor Co, part of the Mahindra Group, on Thursday said it has received 80 billion Korean won (about Rs 400 crore) from its majority shareholder Mahindra & Mahindra Group in lieu of the new shares offered to the Indian firm.
Tech Mahindra shares surge nearly 8% post Q4 results
After making a positive opening, shares of the company further jumped 7.70 percent to Rs 979.85 on the BSE.
Tech Mahindra Q4 Net up 25% at Rs 377.24 cr
The company, part of the USD 15.9 billion Mahindra Group, had posted a net profit of Rs 302.50 crore in the year-ago period, it said in a BSE filing.
Time for reflection, quiet appreciation on Mahindra Satyam: Mahindra
His comments come a day after Mah Sat declared the first dividend in four years, symbolising a complete turnaround.
Mahindra Satyam Q4 net down by 15%, declares 30% dividend
Software services provider Mahindra Satyam's net profit declined by 15 percent to Rs 454.12 crore for the fourth quarter ended March 31, 2013.
Five merchant bankers in race for EIL disinvestment
IDFC, Edelweiss Financial Services, IDBI Capital Market Services, Kotak Mahindra Capital Company and ICICI Securities would be making presentations before an inter-ministerial group (IMG) on May 20.
Mahindra and Mahindra unveils new Bolero Maxi Truck Plus in Gujarat
The vehicle fitted with engine of Bolero SUV comes in BS-III and IV variants.
Tech Mahindra South Africa to cater to telecom, media sectors
The launch of Tech Mahindra South Africa follows an announcement in 2011 to reinforce its leadership and focus on its African operations, Tech Mahindra said in a statement here.
Mahindra launches Bolero Maxi Truck Plus
Auto major Mahindra & Mahindra Monday rolled out a new variant of its pick-up vehicle, Bolero Maxi Truck Plus, which has been priced at Rs 4.33 lakh (ex-showroom Mumbai) to further consolidate its dominant position in the segment and tap the increasing needs of the urban goods transportation.
Hunger strike at M&M Nashik plant continues
"We will continue to fast till the management signs the long pending wage agreement with us," Nashik plant employees union general secretary Pravin Shinde said.
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