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Mahindra launches Rodeo UZO 125 scooter

Last Updated: Thursday, August 14, 2014, 22:02

The 125cc scooter comes with features such as accessible mobile charging point.

Mahindra Q1 profit declines 5.98% to Rs 881.78 crore

Last Updated: Friday, August 08, 2014, 14:36

Homegrown auto major Mahindra & Mahindra on Friday reported a 5.98 percent decline in its standalone net profit at Rs 881.78 crore for the first quarter ended June 30, 2014.

Mahindra group firm forms JV with Japanese Tsubaki

Last Updated: Monday, August 04, 2014, 18:18

Mahindra Conveyor Systems, a leading supplier of material handling equipment and systems, has formed a joint venture with Japan's Tsubakimoto Chain Co, as the partners eye various global markets including Europe and Middle East.

Ssangyong Korando to hit Indian roads this month

Last Updated: Saturday, August 02, 2014, 18:31

One of the much awaited compact SUVs (Sport Utility Vehicles) is slated to be launched in India in August. The vehicle is poised to cater to the mid segment of Indian SUV buyers.

Maruti, Hyundai, Honda post sales growth in July

Last Updated: Friday, August 01, 2014, 17:44

Major carmakers Maruti Suzuki India, Hyundai, Honda and Toyota on Friday posted growth in domestic sales in July signalling revival in the automobile market that has been under a prolonged slump.

Tech Mahindra Q4 net dips 8% to Rs 630.7 crore

Last Updated: Thursday, July 31, 2014, 19:32

Country's fifth largest IT firm Tech Mahindra today said its net profit has declined 8.1 percent to Rs 630.7 crore for the quarter ended June 30, 2014.

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.