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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......

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......

India Inc does better than expected in Dec

 India Inc is likely to post better-than-expected growth in net profit in the third quarter ended December 31 due to the low base of last year and a promising show from auto ancillary, construction,......

QIPs back in vogue with Rs 10k cr plans

 With stock market sentiments bullish and investors back from their holidays, Qualified Institutional Placement is also back in vogue. India Inc plans to raise more than Rs 10,000 crore (Rs 100......

Mahindra Ugine and Forgings to cut output

Owing to the severe slowdown in the automotive sector, Mahindra Ugine Steel Company (Musco) and Mahindra Forgings (MFL) has stated that it will cut production by means of plant shutdowns and also......

Mahindra, Churchill settle for 2-2 draw

 Mahindra United of Mumbai and Churchill Brothers of Goa kept their hopes alive for a semi-final berth when they settled for a 2-2 draw in their league match in group B of the 30th Federation Cup at......

Mahindra retains IFA Shield defeating Santos FC

 Mahindra United of Mumbai retained the IFA Shield title defeating favourite Santos FC of South Africa 3-1 in an exciting final of the tournament at Barasat Stadium in Kolkata on Friday night.......

Mahindra rout Happy Valley

 Andrews Pomeyie scored a brace in the second half to guide Mahindra United to a fluent 3-1 victory over Happy Valley of Hong Kong in the Group E AFC Cup home match in Goa on Tuesday. Their third......

Mahindra rout Vasco

 Mumbai champions Mahindra United crushed Goa's Vasco Sports Club 3-0 at the Cooperage, in Mumbai, on Monday, to climb up the table in the National Football League.They led 2-0 at the breather.The......

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