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Hemant Luthra

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Anand Mahindra resigns from Mahindra Forgings

Mahindra Forgings on Thursday said that Anand Mahindra has resigned as its Chairman and Hemant Luthra has been elevated to the post of Non-Executive Chairman. Luthra is presently a Director of the......

Have India Inc's overseas buyouts worked?

Systech President Hemant Luthra was recently in Germany to check out the progress at Schoenweisse, a unit his company had acquired some time back. He will soon be off to visit another acquired......

M&M eyes Boeing in Australia

Mahindra & Mahindra is looking at buying one of the Australian facilities of Boeing. The US-based Boeing is present in 17 locations in Australia; its divisions there include aerostructures,......

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......

M&M targets S African firm

Mahindra Systems and Automotive Technology, Mumbai-based Mahindra & Mahindra's auto component division, is in talks with the management of South Africa-based auto component manufacturer S P Metal......

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