Mahindra Logistics reports 11.5% revenue growth in Q2 FY25, reducing losses amid strategic expansion

Mahindra Logistics reports 11.5% revenue growth in Q2 FY25, reducing losses amid strategic expansion

Mahindra Logistics Limited (MLL), a key player in India’s integrated logistics and mobility solutions sector, has reported an 11.5% year-on-year revenue increase for the second quarter of FY25, reaching ₹1,521 crores, as disclosed in its latest financial results. Despite ongoing challenges, the company achieved a reduction in losses, signalling the effectiveness of its strategic investments […]

Shocking new electric vehicle from Mahindra ZEO: Is this the future of last-mile transport?

Shocking new electric vehicle from Mahindra ZEO: Is this the future of last-mile transport?

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 […]

Mahindra Group, Johnson Controls launch net zero buildings initiative in India

Mahindra Group, Johnson Controls launch net zero buildings initiative in India

In a move aimed at decarbonizing India’s burgeoning building infrastructure, the Mahindra Group, a leading Indian industrial giant, has joined forces with Johnson Controls (NYSE: JCI), a global pioneer in creating smart, healthy, and sustainable buildings. This partnership marks the inception of an unprecedented Net Zero Buildings Initiative targeting the decarbonization of commercial, urban residential, […]

Mahindra’s EV business gains momentum with Temasek investment

Mahindra’s EV business gains momentum with Temasek investment

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 […]

Mahindra Finance taps Nucleus Software to transform lending services

Mahindra Finance taps Nucleus Software to transform lending services

Mahindra & Mahindra Financial Services Limited (MMFSL or Mahindra Financial), a non-banking finance company in India and part of the Mahindra Group, announced a strategic partnership with software products company Nucleus Software. The partnership aims to strengthen Mahindra Financial’s scalability and improve employee experiences by leveraging Nucleus Software’s flagship product, FinnOne Neo. Raul Rebello — […]

Mahindra Group launches new compact light weight tractor Swaraj Target

Mahindra Group launches new compact light weight tractor Swaraj Target

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 Finance partners with Car&Bike and Rupyy to launch Used Car Digi Loans

Mahindra Finance partners with Car&Bike and Rupyy to launch Used Car Digi Loans

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 […]

Tech Mahindra, MIH Consortium partner on automotive engineering solutions

Tech Mahindra, MIH Consortium partner on automotive engineering solutions

Tech Mahindra, a part of Indian conglommerate Mahindra Group, has joined forces with Foxconn-initiated MIH (Mobility in Harmony) Consortium with an aim to offer sustainable automotive engineering solutions to the mobility industry. The partnership will concentrate on coming up with sustainable mobility solutions and developing the next generation of autonomous driving solutions, electric vehicles (EVs), […]

Mahindra Group ties up with Google Cloud to drive digital transformation

Mahindra Group ties up with Google Cloud to drive digital transformation

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 Group to set up advanced design center for mobility products in UK

Mahindra Group to set up advanced design center for mobility products in UK

Mahindra Group said that it will establish an open advanced design center for mobility products in the UK in the West Midlands, which will operate as Mahindra Advanced Design Europe (M.A.D.E). According to the Indian conglomerate, the new center of excellence (CoE) will come under the Mahindra Global Design Network, which includes the Mahindra Design […]