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  • Press Release
    Mahindra Holidays & Resort India Limited signs pre-IPO investment of Rs .8 billion for a 2% stake

    Mumbai: Mahindra Holidays & Resorts India Limited (MHRIL or the 'Company'), a leisure hospitality provider offering quality family holidays and a subsidiary of Mahindra Holdings and Finance Ltd (a wholly-owned subsidiary of Mahindra & Mahindra Limited), has finalised a 2% private placement deal with the State Bank of India for a consideration of around Rs. 0.8 billion. The equity shares to be transferred to the State Bank of India shall be subject to lock-in after the IPO as per SEBI regulations.

    08 Jan,2008
  • Press Release
    Mahindra & Mahindra acquires renowned Italian design house, GRD Italy

    Mumbai: Mahindra & Mahindra Ltd., one of India's largest automotive conglomerates, has signed a binding agreement to acquire the business of G.R. Grafica Ricerca Design S.r.l (GRD), an Italian auto designing, Body engineering and feasibility and styling company based out of Turin, Italy. With this acquisition, M&M intends to develop a global design centre for the Group and cater to global Auto OEMs.

    08 Jan,2008
  • Press Release
    Mahindra Renault Logan wins several industry accolades

    Synopsis: Mahindra Renault Logan:

    04 Jan,2008
  • Press Release
    Robin Uthappa receives the first Bolero ?Special Edition? SUV

    New Delhi: Mahindra & Mahindra Ltd., today presented Robin Uthappa, one of India’s most promising batsmen, with a Special Edition of the Bolero, India’s most popular SUV. With exciting new features and a customized look, the Special Edition is all set to cut a striking figure on Indian roads. Only 1,000 units of this limited edition SUV will be available in the country, starting from January 2008 at prices starting Rs. 5.98 lakhs (ex showroom New Delhi).

    01 Jan,2008
  • Press Release
    Mahindra Consolidates European Presence-Acquires Leading Forging Company Schoneweiss

    Mahindra & Mahindra Ltd. through its subsidiary Mahindra Forgings Global Limited based in Mauritius acquired 90.47% stake in Schoneweiss & Co. GmbH., a leading company in the forgings sector in Germany. The transaction was consummated on January 1, 2007.

    01 Jan,2008
  • Press Release
    Mahindra increases prices of its Utility Vehicle range from Jan-1,2008

    Mumbai: Mahindra & Mahindra (M&M), the leader in the UV segment in India, has announced a price hike for its utility vehicle range up to Rs. 10,000 per vehicle. This increase will come into effect from January 1, 2008. The hike in prices is due to the increase in the cost of raw material.

    19 Dec,2007
  • Press Release
    Mahindra Holidays & Resorts India selected Business Superbrand

    Mumbai: Mahindra Holidays & Resorts India Limited (the 'Company'),a leisure hospitality provider offering quality family holidays and part of the Mahindra Group of Companies, has been selected as 'Business Superbrand 2008' by the Brand Council of India.

    19 Dec,2007
  • Press Release
    Logan Drivathon' takes Kolkata by storm

    Kolkata: Mahindra Renault recently organized the ‘Logan Drivathon’, a unique event aimed at highlighting the vehicle’s superior mileage feature, for its customers in Kolkata. The mileage rally was a special customer-centric initiative focused on generating greater customer acceptability and endorsement.

    19 Dec,2007
  • Press Release
    Mahindra receives Pegasus Corporate Social Responsibility Gold Award

    Mumbai: Mahindra & Mahindra was honoured with Pegasus Corporate Social Responsibility Gold Award at the recently held Pegasus CSR Awards 2007. M&M received this distinction for its initiatives in the field of health and education, i.e. the Lifeline Express project and Nanhi Kali respectively. Mr. Sushil Singh, Head, CSR – ESOPs Implementation, received the award from the Hon. Renuka Chowdhary, Union Woman and Child Welfare Minister.

    17 Dec,2007
  • Press Release
    Mahindra Tractors go green-Launch India's first bio-diesel tractor

    Pune: India’s undisputed leader in tractors, Mahindra & Mahindra’s Farm Equipment Sector (FES), today showcased yet another ecologically friendly marvel – India’s first bio-diesel tractor at the Kisan Mela in Pune. It is these technological innovations that have kept Mahindra’s at the forefront of rural development and has helped Mahindra Tractors become one of the top three tractor manufacturers in the world.

    14 Dec,2007
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