India's passenger vehicle industry recorded a 33% year-on-year increase in domestic dispatches in July, reaching nearly 4.7 lakh units. Major manufacturers like Maruti Suzuki and Hyundai achieved record sales, bolstered by demand-supporting measures such as GST 2.0 and lower repo rates.
Sai Marthand, a former Tech Mahindra network engineer, achieved unexpected success with his directorial debut film 'Little Hearts'. The romantic comedy, made on a modest budget, grossed around Rs 40 crore worldwide and earned him an award, paving the way for future projects.
Puducherry Consumer Commission orders Mahindra & Mahindra and its dealer to refund Rs 8.71 lakh with 12% interest to a customer who paid for a car in 2013 but never received it. The commission held Mahindra primarily responsible for non-delivery, with the dealer also penalized for delays.
The NCDRC ordered Mahindra and its dealer to replace a customer's Marazzo engine free of cost and pay Rs 1 lakh compensation, rejecting their claim of bad fuel causing damage due to inconsistencies in the lab report.
Parents of Sarthak Mattoo, killed in a Delhi hit-and-run, released an emotional video alleging police negligence and delays in justice. They question the investigation into the June 25 crash, claiming the accused are free while evidence collection, like blood tests, was allegedly delayed.
Kotak Mahindra Bank is acquiring Deutsche Bank's retail, private banking, and wealth management businesses in India. Concurrently, commercial LPG and jet fuel prices have been cut due to lower global oil rates, offering relief to businesses and airlines. Separately, Pakistan has warned India regarding the Indus Water Treaty.
Tech Mahindra CEO Mohit Joshi's remuneration rose 11.7% to Rs 67.5 crore in FY26, outpacing peers, as the company reports strong growth driven by AI-led services and a turnaround strategy, despite a 4.89% decline in median employee pay.
Indian IT stocks plummeted Friday, losing Rs 1.35 lakh crore in market value after Accenture's weaker-than-expected outlook fueled fears of AI disruption. Infosys led the decline with an 8% drop, as investors worry about generative AI's impact on traditional IT services.
Elon Musk has become the world's first trillionaire, with SpaceX's market debut unlocking significant value. Mahindra Group Chairman Anand Mahindra highlighted Musk's resilience, recalling his encouragement in 2018 when Tesla faced production issues, emphasizing Musk's belief in turning impossibilities into reality.
Mahindra & Mahindra may see up to 15% drop in SUV production in June due to a severe shortage of contract workers at key parts suppliers. This labor challenge is impacting popular models like XUV 7XO and Thar. The issue is widespread across India's manufacturing hubs, driven by better wages and opportunities in home states, and is forcing companies to increase automation and retention strategies.
M&M Group Chairman Anand Mahindra met with US Ambassador Sergio Gor to discuss the automaker's investments in the US, which are boosting manufacturing, creating jobs, and strengthening supply chains. The meeting also touched upon ongoing US-India trade deal negotiations.
Gaurav Godbole è il nuovo Chief Financial Officer (CFO) di Pininfarina, con effetto immediato. Riporterà all'amministratore delegato Paolo Dellachà e coordinerà la Direzione Finance.
Anand Mahindra lauded Virat Kohli's loyalty and commitment after Royal Challengers Bengaluru won their second consecutive IPL title. Kohli's journey from near misses to back-to-back championships was highlighted as a key inspiration.
Mahindra Group has unveiled a rugged new all-terrain vehicle (ATV) for defence forces, built on the Thar Roxx platform. This mission-ready machine boasts a stripped-down, open design with a tubular roll cage, heavy-duty bumper, and modular storage. Airdrop-ready, it promises resilience and adaptability for any terrain, reflecting Mahindra's core philosophy.
Mahindra & Mahindra has surpassed Tata Motors in electric vehicle revenue for the first time, driven by new SUV models. While Tata Motors remains the leader in total units sold, the overall Indian EV market experienced an 84% growth in registrations during FY26.
Mahindra & Mahindra has surpassed Tata Motors in electric vehicle revenue for the first time in the last fiscal year, driven by new SUV launches. While Tata Motors remains the leader in sales volume, total EV registrations in India grew by 84% to 200,000 units.
Prabhavati Nani, an 80-year-old woman from Ahmedabad, started Nani's Nashta in 2018 after her husband passed away in 2017. What began as serving khandvi at a tea gathering has grown into a home-based food business serving over 200 families. The story gained widespread attention when Anand Mahindra shared it, highlighting that age is never a limit for starting something new.
Indian equity markets fell by 1% as geopolitical tensions between the US and Iran triggered an oil price rally. Investor sentiment was further dampened by disappointing Q4 earnings from Infosys and sustained selling by foreign institutional investors.
A credit card user received Rs 3.21 lakh compensation from Kotak Mahindra Bank after the lender failed to process his card closure requests within the RBI-mandated 7 working days. The user had requested closure of two credit cards in May 2025 after his credit limit was reduced from Rs 1 lakh to Rs 10,000. Despite sending multiple emails and follow-ups, the bank did not close the cards and levied an annual fee. The compensation was calculated at Rs 500 per day per card for 321 days of delay, as per RBI regulations.
Tech Mahindra reported steady Q4 results with 0.6% YoY constant currency growth and 13.8% EBIT margin. The $370 million deal wins, including a significant Orange contract in Europe, are expected to drive revenue in FY27-FY28. Analysts maintain buy ratings but await management guidance for FY27 to assess growth prospects. The company declared Rs 36/share dividend, with payout exceeding 100% of PAT attracting investor interest amid sector-wide stock corrections of 30-50%.
