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Press background on Mahindra and Mahindra Limited
Company profile
The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency. A USD 16.5 billion multinational group based in Mumbai, India, Mahindra employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013. Visit us at www.mahindra.com
 Recent press releases
Jhalak Dikhla Jaa Winner Takes Home Mahindra XUV500

Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, today presented, Ashish Sharma, the winner of Jhalak Dikhla Jaa, its popular cheetah inspired SUV, the XUV500. 
 
The XUV500 was the associate sponsor for this season of Jhalak Dikhla Jaa, ... (more)
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Khatron Ke Khiladi Winner Takes Home Iconic ‘Mahindra Scorpio’

Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, today presented, Rajniesh Duggall, the winner of Khatron Ke Khiladi, its iconic SUV, the New Generation Scorpio.
 
Mahindra Scorpio was the associate sponsor for this season of “Khatron Ke Khi... (more)
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Quote on Credit Policy from Mr. Parthasarathy, Chief Financial Officer, Group CIO, EVP – Group M&A & Member of the Group Executive Board, Mahindra & Mahindra Ltd.

While the policy was on expected lines and the RBI's consistent stand on policy rates is understandable, a rate cut would have been favourable. India would not have been an outlier either, as China and South Korea have led the way recently with rate cuts to stem their falling growth. We, as a c... (more)
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Mahindra Felicitates Pro-Kabaddi League’s Star Player, Anup Kumar with its Legendary 4X4 Offroader, Mahindra Thar

Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer, today felicitated one of India’s most successful kabaddi champions, Anup Kumar with its legendary true blue 4X4 off-roader, the Thar. Anup received this honour as the Most Valuable Player at the recently conc... (more)
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Mahindra Powerol Wins Deming Prize for 2014

Mahindra Powerol, the Mahindra Group’s off grid power generation and energy solutions business, was awarded the prestigious Deming Prize at a glittering ceremony held in Tokyo. Mahindra Powerol was the only company from India to be awarded this global distinction this year.
 (more)
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Mahindra Holidays Q2FY15 Total Income Up 5% QoQ and PAT Up 21% QoQ

Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading leisure hospitality provider announced its financial results for the quarter ended September 30, 2014 today.
 
Q2FY15 Highlights
Total Income at Rs. 200 Crore, up 5% QoQ.
 
... (more)
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Mahindra Two Wheelers Sells 17565 Units During September 2014

Mahindra Two Wheelers Ltd. (MTWL), part of the USD 16.5 billion Mahindra Group, today announced its sales numbers for September 2014, which stood at 17,565 units. The company’s domestic sales stood at 16,619 units during the month, while exports for the month stood at 946 units.
Comm... (more)
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Mahindra Launches All New Global Scooter GUSTO at an Attractive Rs. 43000 (Ex-Delhi)

Synopsis:
The Italian styled, technologically advanced GUSTO, is the first global scooter to be developed at Mahindra Two Wheelers’ state-of-art R&D Centre in Pune.
 
Creating new benchmarks in styling, performance, ride quality and comfort, the GU... (more)
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Mahindra Holidays Appoints Kavinder Singh as CEO & MD

The Board of Directors of Mahindra Holidays & Resorts India Limited, India’s leading leisure hospitality brand, today announced the appointment of Mr. Kavinder Singh as the Chief Executive Officer & Managing Director (CEO & MD).  His appoint... (more)
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Mahindra Drives in with the New Generation Scorpio

Built on an all new Platform with contemporary styling and improved technology features
 
Price starting at Rs 8.40 lakhs (ex showroom Delhi, for S2 variant), to be available across Mahindra dealerships pan India, with immediate effect
 
SYNOPSIS:
... (more)
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