Mahindra Last Mile Mobility Limited, India’s leading electric commercial vehicle manufacturer, has just announced the launch of its groundbreaking new vehicle, the Mahindra ZEO, priced competitively at ₹ 7.52 lakh. This launch is set to revolutionize the under 2-ton electric vehicle market, positioning the Mahindra ZEO as a game-changing innovation in last-mile mobility solutions. The […]
Blue Planet Environmental Solutions Pte. Ltd., a pioneering force in sustainable waste management, has achieved a milestone in its mission towards sustainability and the circular economy with the acquisition of majority stake in Mahindra Waste to Energy Solutions Limited (MWTESL), a key player under the Mahindra Group umbrella. This strategic move represents a significant leap […]
In a significant move that marks a new chapter in the electric vehicle industry, Temasek, the renowned Singapore-headquartered investment firm, has executed a binding agreement to invest Rs. 1200 crores into MEAL (Mahindra Electric Automobile Limited). Temasek’s Strategic Investment in Mahindra Electric Automobile Limited This substantial investment will be made in the form of Compulsorily […]
In a significant step towards boosting the green economy, Chief Minister of Tamil Nadu M.K Stalin today inaugurated the new Battery Test Lab in Mahindra Research Valley, Chengalpattu district. The state-of-the-art lab, a Rs. 210 crore investment by Mahindra & Mahindra Limited, has created over 1000 jobs. This lab stands as an emblem of the […]
Swaraj Tractors, a prominent Indian tractor brand owned by the Mahindra Group, has introduced a new range of compact light weight tractors named the ‘Swaraj Target’. With its exceptional performance, first-in-class features, and cutting-edge technology, the Swaraj Target range is expected to set a new standard in the Compact Light Weight tractor category. The name […]
Mahindra & Mahindra Financial Services Limited (MMFSL or Mahindra Finance) has launched ‘Used Car Digi Loans’, a specialized end-to-end digital journey, in partnership with Mahindra First Choice Wheels’ Car&Bike and CarDekho’s Rupyy. According to the Mahindra Group company, the new integrated journey will enable users to obtain loan deals tailored to their needs through Mahindra […]
Mahindra & Mahindra (Mahindra) and Visteon Corporation are joining forces to bring transformative in-vehicle experiences to the Scorpio-N SUV by using Qualcomm Technologies’ 3rd Generation Snapdragon Cockpit Platforms. The Scorpio-N SUV is powered by Mahindra & Mahindra’s connected artificial intelligence (AI) technology, which uses Visteon’s SmartCore cockpit domain controller technology that is based on the […]
Indian conglomerate Mahindra Group has entered into a new collaboration with Google Cloud for powering its digital transformation strategy and driving its next phase of business growth. The Digital, Data and Cloud Center of Excellence of Mahindra Group, which is referred to as Mahindra Digital Engine (MDE), will leverage the advanced data analytics technology and […]
Mahindra Logistics Ltd. (MLL) has reported a surge of 113% in its revenue for the first quarter of the fiscal year 2022 (Q1 FY22) at INR 873 crores, compared to INR 410 crores in the same quarter of the previous fiscal year. The Indian third-party logistics solutions provider said that it could achieve revenue growth […]
Mahindra & Mahindra has signed a share subscription and shareholders’ agreement to acquire a stake of 31.2% in ReNew Sunlight Energy Private Limited (RSEPL) for INR 16.07 crores in cash. The deal is expected to close by the year end. Additionally, Mahindra & Mahindra and ReNew Sunlight Energy have signed a power delivery agreement under […]