Mahindra News - Latest Updates, Headlines & Analysis

GCL: Alpine SG Pipers beat Triveni Continental Kings to be crowned champions; PBG Alaskan Knights finish third

New Delhi, December 23: Alpine SG Pipers upset two-time defending champions Triveni Continental Kings to be crowned champions of the third edition of the Global Chess League (GCL), a joint initiative of Tech Mahindra and FIDE, on Tuesday, according to a release.

Noida International Airport partners with Tech Mahindra for network and cyber security

New Delhi, December 23: Noida International Airport has entered into a partnership with Tech Mahindra to build and manage an integrated Network and Security Operations Centre. This collaboration aims to create a secure and resilient digital system for the airport.

RBI imposes Rs 61.95 lakh penalty on Kotak Mahindra Bank

New Delhi, Dec 19: The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 61.95 lakh on Kotak Mahindra Bank for non-compliance with certain directions issued by it on access to banking services, on basic savings bank deposit accounts, the scope of activities to be undertaken of business correspondents (BCs), and for contravention of provisions of the Credit Information Companies Rules, 2006 (ClC Rules).

India-Oman CEPA to catalyse growth across sectors ranging from energy and minerals to technology: India Inc

New Delhi, December 18: India Inc has welcomed the signing of the India-Oman Comprehensive Economic Partnership Agreement (CEPA), calling it a strategic step that will deepen economic engagement with the Gulf region and unlock new opportunities for trade, investment and technology collaboration.

Indiaâ€‘Oman CEPA to boost trade in green energy, agri-startups: Industry

New Delhi, Dec 18: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) will catalyse bilateral trade and investment in several sectors, including green energy and agri-innovation startups, industry leaders said on Thursday.

Global Chess League: Mumba Masters, defending champions Triveni Continental Kings get wins on opening day

Mumbai, December 14: With four wins across the six boards, Mumba Masters delivered a dominant performance in front of the "home" crowd, overpowering Ganges Grandmasters 17-4 in a one-sided encounter on the opening day of the Global Chess League (GCL), a joint initiative of Tech Mahindra and International Chess Federation (FIDE) on Sunday.

It was an unexpected surprise: Anand Mahindra on his meeting with Chiranjeevi at Telangana Rising Global Summit 2025

Hyderabad, December 10: Mahindra Group Chairman Anand Mahindra on Wednesday shared highlights of his visit to Hyderabad, where he addressed the Telangana Rising Global Summit and met Chief Minister Revanth Reddy. Mahindra said the visit also brought an "unexpected surprise" to be able to meet Megastar Chiranjeevi.

In age of AI, future belongs to makers, not just managers: Anand Mahindra

Hyderabad, December 9: Emphasising the role of skilled workers in the AI era, Mahindra Group Chairman Anand Mahindra on Tuesday said the future belongs to makers, not just managers.

Tech Mahindra Foundation launches chess league for children with speech and hearing impairment; winners to attend Global Chess League in Mumbai

New Delhi, December 8: Tech Mahindra Foundation, the CSR arm of Tech Mahindra, has launched a nationwide Chess League for children with speech and hearing impairment to make chess accessible, inclusive, and aspirational for players at every level.

Auto sector shines in festive quarter; PV sales up 12 pc, two-wheelers 18 pc

New Delhi, Dec 2: The Indian automobile sector witnessed a robust festive season (September+October+November) as passenger vehicle (PV) wholesale was up 12 per cent year-on-year (YoY) and retail was up 15 per cent, while two-wheeler (2W) wholesale was up 9 per cent YoY and retail up 18 per cent YoY, a report said on Tuesday.

Passenger vehicle sales jump 21 pc in Nov as GST cuts boost demand

New Delhi, Dec 2: India's passenger vehicle market recorded strong growth in November, with domestic wholesales rising to around 4.25 lakh units, marking a year-on-year jump of 20.7 per cent.

Auto sector booms in November across sectors, Ashok Leyland sold 29% more, M&M grew by 19%

New Delhi, December 1: Vehicle sales across categories performed exceedingly well in November, continuing robust performance since the reduced GST rates on vehicles came into effect this Navratri.

Mahindra's overall sales grow 19 pc to 92,670 units in Nov

New Delhi, Dec 1: Auto giant Mahindra & Mahindra Ltd. (M&M Ltd.) on Monday reported that its overall auto sales for November stood at 92, 670 vehicles with a yearâ€‘onâ€‘year increase of 19 per cent, including exports.

Odisha: Cyber syndicate running large-scale mule account network busted in Rourkela

Bhubaneswar, Nov 30: The Rourkela Police of Odisha on Sunday busted an organised cybercriminal syndicate involved in procuring mule bank accounts using the bank details of local residents and later provided those accounts to cyber criminals outside the state for laundering illicit funds obtained by duping gullible victims.

GCL turns Mumbai into chessboard, flags off 1,000-plus Chess-themed taxis, autos as tickets go live

Mumbai, November 28: The Global Chess League (GCL), a joint initiative of Tech Mahindra and the International Chess Federation (FIDE), on Friday opened ticketing for its much-awaited Season 3 while simultaneously turning Mumbai into a citywide chessboard.

Double-digit surge expected across 2W, CV and PV segments in November 2025: Nuvama

New Delhi, November 27: India's automobile industry is expected to witness double-digit year-on-year growth in November 2025 across two-wheelers (2W), commercial vehicles (CV) and passenger vehicles (PV), according to a report by Nuvama.

Mahindra launches XEV 9S electric 7-seater SUV at Rs 19.95 lakh

New Delhi, November 27: Mahindra, on Thursday, unveiled the XEV 9S, a new electric 7-seater SUV priced from Rs 19.95 lakh, marking what the company calls a major step in its electric journey. Test drives start on January 5, and customers can add preferences from December 14. Bookings open on January 14 and deliveries begin January 23.

Mahindra unveils world's first Formula E-themed SUV edition, priced at Rs 23.69 lakh

Bengaluru, November 26: Mahindra has introduced the world's first Formula E-themed special edition SUV, the BE 6 Formula E Edition, FE2, priced at Rs 23.69 lakh. Mahindra also announced that the FE3 variant with added features will cost Rs 24.49 lakh.

Mahindra Racing confirms manufacturer commitment to Formula E's GEN4 era

New Delhi, November 26: Mahindra Racing has confirmed its commitment as a manufacturer to Formula E's GEN4 era, beginning with the 2026/27 season, continuing its long-standing association with the ABB FIA Formula E World Championship.

Mahindra showcases new alternate fuel tractor range at Agrovision 2025 in Nagpur

Nagpur, November 23: Mahindra & Mahindra on Sunday showcased a range of alternative fuel tractors and technologies at Agrovision 2025 in Nagpur.

Banks must simplify tech to protect customers, says Kotak Mahindra Bank's data protection chief

New Delhi, November 20: Banks must build systems that are technologically advanced yet simple enough for every customer to trust and understand, as usability and clarity have now become as critical as security itself, Anand Kumar Kasturi, Data Protection Officer at Kotak Mahindra Bank, told ANI on Thursday.

Indian IT sector shows sequential recovery in Q2FY26; tier-2 techs lead growth

New Delhi November 15: The Indian IT sector witnessed a return to positive sequential growth in Q2FY26, driven by Tier-1 techs reversing declines seen over the past two quarters, while Tier-2 techs continued to outperform both in growth and margins, according to sector commentary, according to a report by Axis Capital.

Mahindra, Manulife to form 50:50 life insurance joint venture; M&M sees strong rural opportunity

Mumbai, November 13: Mahindra & Mahindra Ltd (M&M) has signed an agreement with global insurer Manulife to form a 50:50 life insurance joint venture in India, with both partners committing capital of up to Rs3,600 crore over 10 years.

Groww makes a strong debut with 12% gain on listing day

Mumbai, November 12: Online investment platform Groww made a strong debut on the stock exchanges on Wednesday, listing at Rs 112 per share, a 12 per cent gain over its issue price of Rs 100.

From 10th to 4th largest economy: Nilesh Shah hails India's decade of rapid growth

New Delhi, Nov 9: India's remarkable journey from the 10th to the 4th largest economy in just a decade reflects the country's expanding global clout and resilient growth engine, KotakNilesh Shah Mahindra Asset Management Company (AMC) Managing Director Nilesh Shah has said.

India's EV retail sales rise across segments in October amid passenger and commercial drove growth

New Delhi, November 8: India's electric vehicle (EV) retail market in October 2025 expanded across all segments, led by electrifying gains in passenger and commercial vehicles, while two- and three-wheeler growth remained relatively modest.

Mahindra's commercial EV manufacturer surpasses 3 lakh sales milestone

New Delhi, Nov 5: Mahindra & Mahindra Ltd subsidiary, Mahindra Last Mile Mobility Ltd, on Wednesday announced that it has sold over 3 lakh electric commercial vehicles, and claimed it is the first original equipment manufacturer in India to achieve this milestone.

Commercial vehicle segment sees broad-based recovery in October, aided by infra push and festive logistics: Report

New Delhi, November 5: The commercial vehicle (CV) segment witnessed a broad-based recovery in October, supported by the government's infrastructure push and festive season logistics demand, according to a report by ACMIIL.

Mahindra & Mahindra reports 28% jump to Rs 3,673 crore profit in Q2

New Delhi, November 4: Mahindra & Mahindra Limited (M&M) on Tuesday announced its financial results for the quarter ended September 30, 2025, showing a strong performance across its business segments. The company reported a consolidated profit after tax (PAT) of Rs 3,673 crore, an increase of 28 per cent from the same period last year, according to a Mahindra press release.

Indian automakers post strong sales in October, festive demand drives growth

New Delhi, November 1: India's automotive industry witnessed robust growth in October 2025, buoyed by festive season demand and strong consumer sentiment.

Mahindra's Tractor Sales Shift Gears: Festive Spike and GST Cut Fuel 12% October Surge

Bengaluru, Nov 1: Mahindra & Mahindra's farm equipment arm rode a strong festive wave in October 2025, reporting solid tractor sales driven by healthy farm conditions and a timely GST rate cut.

Automakers report robust India sales in October over GST reforms

New Delhi, Nov 1: Automakers like Kia India, Skoda Auto India, Nissan Motor India, and Mahindra's Trucks and Buses on Saturday reported robust sales in the month of October, driven by strong festive buying due to GST reforms.

Mahindra Auto records highest-ever SUV sales in Oct, overall sales up 26 pc

Mumbai, Nov 1: Mahindra & Mahindra Ltd on Saturday announced that its overall auto sales for the month of October stood at 120,142 vehicles, a growth of 26 per cent including exports, as GST rate cuts brought cheers for customers.

Groww sets Rs 95-100 per share price band for upcoming IPO on November 4

New Delhi, October 31: Billionbrains Garage Ventures Limited, the parent company of investment platform Groww, will open its initial public offering (IPO) on Tuesday, November 4, 2025, according to a press release issued by the company.

RBI approves reappointment of C S Rajan as Kotak Mahindra Bank's part-time Chairman

New Delhi, October 26: The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a continuation of Rajan's leadership at the private lender.

Kotak Mahindra Bank Q2FY26 consolidated profit at Rs 4,468 crore; Loan book, deposits show steady growth

New Delhi, October 26: Kotak Mahindra Bank on Saturday reported a consolidated profit after tax (PAT) of Rs 4,468 crore for the quarter ended September 30, 2025 (Q2FY26), compared to Rs 5,044 crore in the same quarter last year. On a standalone basis, the bank's PAT stood at Rs 3,253 crore for Q2FY26, slightly lower than Rs 3,344 crore in the previous year's corresponding quarter. The figures were shared by the bank in a press release issued after its Board meeting held in Mumbai on Saturday.

India's auto industry to boost investment in South Africa amid global trade shifts

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