Mahindra - Latest News on Mahindra | Read Breaking News on Zee News
RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

Last Updated: Friday, July 25, 2014, 20:55

ICICI Bank, Axis Bank, Canara Bank, IDBI Bank, Yes Bank and seven other banks have been penalised in the case of Deccan Chronicle Holdings, the RBI said today.

Tech Mahindra further expands footprint in Saudi Arabia

Last Updated: Tuesday, July 22, 2014, 11:36

Tech Mahindra will have 51 percent ownership while Midad will own 49 percent stake in the joint venture.

MCX stocks surge 8% on stake sale to Kotak Mahindra

Last Updated: Monday, July 21, 2014, 17:54

Shares of Multi Commodity Exchange of India Monday settled nearly 8 percent higher after Jignesh Shah-led FTIL signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.

Kotak Mahindra Bank believes in long-term franchise of MCX: Paul Parambi

Last Updated: Monday, July 21, 2014, 13:09

The bank on Sunday said it has entered into a Share Purchase Agreement to purchase 15 percent equity stake in MCX from FTIL for a consideration of Rs 459 crore.

FTIL to sell 15% stake in MCX to Kotak Bank for Rs 459 cr

Last Updated: Sunday, July 20, 2014, 22:31

Jignesh Shah-led Financial Technologies on Sunday said it has signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.

Bajaj Fin to exit construction equipment finance biz

Last Updated: Sunday, July 20, 2014, 14:40

Bajaj Finance has decided to walk out of the construction equipment (CE) financing business due to muted profitability prospects, a top official has said.

Foreign investment limit in Kotak Mahindra Bank raised to 40%

Last Updated: Friday, July 18, 2014, 20:35

The RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.

Mahindra to touch 500 used car outlets in two years

Last Updated: Friday, July 18, 2014, 20:31

Mahindra First Choice Wheels Ltd, a leading multi-brand certified used car company, on Friday said it would touch 500 outlets in the next two years from the present 368 dealerships.

Mahindra Two Wheelers plans up to 4 launches this year

Last Updated: Friday, July 18, 2014, 18:20

Mahindra Two Wheelers plans introduce up to four new products, including a scooter, a bike in entry level segment and variants of existing products, this year as it looks to scale up presence in the market.

Mahindra, GE Aviation ink pact for aerostructure manufacturing

Last Updated: Friday, July 18, 2014, 13:44

India's Mahindra Aerospace and GE Aviation have signed a pact for co-operation in manufacturing of aerostructures.

Tech M partners WSU for aerospace enginring,automotive testing

Last Updated: Thursday, July 17, 2014, 12:31

Country's fifth largest software services firm Tech Mahindra has inked a pact with US-based Wichita State University (WSU) to collaborate in the areas of aerospace engineering, certification, information technology and automotive testing.

Kotak Bank Net rises just 7% as auto lending still struggles

Last Updated: Wednesday, July 16, 2014, 20:04

Private-sector lender Kotak Mahindra Bank on Wednesday reported a tepid 7 percent rise in net profit at Rs 430 crore in the three months to June, driven down by Rs 50-crore write-back of provisions on investments and struggling auto sector advances.