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NIIF-managed India-Japan Fund invests $48 mn in Mahindra's last mile mobility business

Manufacturing

11 January, 2024

NIIF-managed India-Japan Fund invests $48 mn in Mahindra's last mile mobility business

National Infrastructure and Investment Fund-managed India-Japan Fund, Thursday announced its maiden investment in listed player Mahindra & Mahindra Ltd’s last-mile ......

Temasek to invest $145 mn in Mahindra & Mahindra's passenger EV unit

Consumer

03 August, 2023

Temasek to invest $145 mn in Mahindra & Mahindra's passenger EV unit

Singapore’s sovereign wealth fund Temasek has agreed to invest up to Rs 1,200 crore (around $145 million) in Mahindra & ......

Mahindra & Mahindra picks up minority stake in RBL Bank

Finance

26 July, 2023

Mahindra & Mahindra picks up minority stake in RBL Bank

Tech-to-tractor conglomerate Mahindra & Mahindra acquired a 3.53% stake in mid-sized private lender RBL Bank for Rs 417 crore (around ......

Markets lower ahead of GDP data, Sun Pharma slips after reporting a loss for Q4

Finance

31 May, 2022

Markets lower ahead of GDP data, Sun Pharma slips after reporting a loss for Q4

Markets fell on Tuesday ahead of key economic growth data, while a rally in technology stocks lost steam and Sun ......

Indices extend Friday's gains, led higher by gains in tech and auto stocks

Finance

30 May, 2022

Indices extend Friday's gains, led higher by gains in tech and auto stocks

Markets ended higher for a third straight session on Monday, riding on gains in technology stocks and a surge in ......

Markets start week on a positive note, tech stocks gain

Finance

30 May, 2022

Markets start week on a positive note, tech stocks gain

A rally in technology stocks drove up shares more than 1% on Monday, with the market also benefiting from an ......

M&M may demerge auto business into 3 units – report

Manufacturing

06 May, 2022

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate its automotive business into 3 parts, ......

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

General

19 June, 2020

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

Mahindra & Mahindra (M&M) is looking to attract private equity funding for its decade-old electric vehicle business, which marks a ......