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Mahindra Systech

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Mahindra chases Tata dream with small engine

Mahindra & Mahindra is developing a small engine for a smaller version of its UVs and replicate the Tatas dream of a small car, a company official said. The company is developing an engine with a......

Auto parts cos drool over aviation, defence space

A week ago, the Mahindra & Mahindra group bought majority stakes in component firm Aerostaff Australia and aircraft maker Gippsland Aeronautics for Rs 175 crore (Rs 1.75 billion). Aerostaff......

Mahindra to launch first small aircraft in India in 2 years

Mahindra Aerospace, the aircraft and components manufacturing arm of Mahindra group, will start producing the first eight-seater aircraft in India in the next two years. "You can expect that within......

M&M in share-swap deal with Spain's CIE

To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 crTractor and utility vehicle major Mahindra & Mahindra (M&M) has entered......

Why investors love Mahindra & Mahindra

When Mahindra & Mahindra (M&M) sold a controlling stake in its automotive component business, Systech, to Spain's CIE Automotive last month, investors celebrated the deal by pushing the company's......

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