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  • Press Release
    M&M to raise additional resources through FCDs

    Mumbai: The Board of Directors of Mahindra & Mahindra Limited at its Meeting held on 3rd May, 2008 have approved raising additional resources through issuance of Unsecured Fully and Compulsorily Convertible Debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs, details whereof are given below and the same intimation has been sent by the Company to the Stock Exchanges. Outcome of Board Meeting of Mahindra & Mahindra Limited held on 3rd May, 2008:

    03 May,2008
  • Press Release
    Bangalore-Mahindra launches the New Bolero Camper DX

    Bangalore: Mahindra & Mahindra Ltd., India’s market leader in utility vehicles today launched the New Bolero Camper DX in Bangalore. The vehicle has been designed keeping in mind customer needs and aspirations in the pick ups category. The Bolero Camper DX caters to the growing segment of customers who want an aspirational multi utility personal pick up vehicle. The Bolero Camper DX is priced at Rs. 5.29 lakhs (ex-showroom, Bangalore).

    28 Apr,2008
  • Press Release
    Mahindra launches new After-Market Business Vertical

    Mumbai: Mahindra & Mahindra Ltd. (M&M), one of India’s leading auto brands, today announced the launch of the After-Market Sector, a new business vertical which will consolidate the entire gamut of its after-market initiatives in the automotive space. This Sector will comprise the following business units:

    28 Apr,2008
  • Press Release
    Anand Mahindra appointed Chairman of National Safety Council

    Mumbai: Mr. Anand Mahindra, Vice-Chairman and Managing Director, Mahindra & Mahindra has been appointed Chairman of the National Safety Council by the Government of India. Mr. Mahindra takes over from Dr. Kumar Mangalam Birla, who led the National Safety Council for over three years. The National Safety Council (NSC) was set up by the Ministry of Labour, Government of India (GOI) in 1966 as an autonomous body to generate, develop and sustain a voluntary movement on Safety, Health and Environment (SHE) at the national level.

    22 Apr,2008
  • Press Release
    Hyderabad Mahindra launches Alfa Passenger

    Hyderabad: Mahindra & Mahindra Ltd. (M&M), one of India’s leading automotive companies, today unveiled the Alfa Passenger in Hyderabad. The Alfa Passenger is an ergonomically designed, modern diesel 3 wheeler, which is set to redefine its segment with best-in-class features. The Alfa is available for Rs. 1,30,000 ex showroom, Hyderabad.

    14 Apr,2008
  • Press Release
    Mahindra & Mahindra and ICICI Venture Consortium inks agreement to acquire Metalcastello S.P.A

    Mumbai: A consortium of Mahindra & Mahindra Ltd. (M&M) and ICICI Venture Funds Managements Ltd, India’s leading PE player with AUM of over $ 2 billion, has today signed a definitive agreement agreeing to acquire 100% stake in Metalcastello S.p.A, a leading Italian independent gear manufacturer. The transaction is subject to receipt of necessary approvals.

    02 Apr,2008
  • Press Release
    Mahindra signs MoU with Maharashtra Government to invest an additional Rs 1500 crore in Chakan

    MUMBAI: Mahindra & Mahindra, the leading Indian multinational, reputed for its association with the Indian automotive industry for 62 years, today signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to further boost their investment at its upcoming Chakan Greenfield project. The company will invest an additional Rs. 1500 crore to the already earmarked Rs. 2500 crore. The total sum of Rs. 4000 crore will be utilized towards the development and production of all vehicles slated to be rolled out from the proposed Greenfield.

    31 Mar,2008
  • Press Release
    French President confers"Chevallier de la Legion d?Honneur"on Arun Nanda-Executive Director M&M Ltd

    Mumbai: Arun Nanda, Executive Director, Mahindra & Mahindra has been conferred the award of "Chevallier de la Legion d’Honneur"; by the President of the French Republic, Mr. Nicholas SARKOZY.

    27 Mar,2008
  • Press Release
    Rajeev Dubey is President (HR, After-Market and Corporate Services)

    Mumbai: Leading automotive major Mahindra & Mahindra today announced the creation of a new business Sector, the After-Market Sector, to be headed by Mr. Rajeev Dubey. This will be in addition to his current responsibilities as President (HR & Corporate Services), and he will now be designated President (HR, After-Market & Corporate Services) & Member of the Group Management Board, Mahindra & Mahindra.

    27 Mar,2008
  • Press Release
    Andrey Purushottam appointed CEO of Mahindra's Media and Entertainment Venture

    Mumbai Mahindra & Mahindra announced the appointment of Andrey Purushottam as Chief Executive Officer (CEO) of its Media and Entertainment Venture. The venture will initially produce mainstream commercial movies for Indian and international audiences and will subsequently move into related spaces.

    26 Mar,2008
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