M&M Penalised Rs 14.3 lakh for Incorrect Input tax Credit Claim by Former Vehicle Unit
Mahindra & Mahindra Ltd announced on Friday that the Central Goods and Service Tax (CGST) Pune Commissionerate had slapped a penalty of approximately Rs 14.3...
Tag : Mahindra & Mahindra
Mahindra & Mahindra Sells Entire Stake in Mahindra CIE at Rs 447.6 Per Share
Mahindra & Mahindra on Wednesday announced the sale of its entire 3.195% stake in Mahindra CIE. The total price of the sale is Rs 447.65...
Mahindra CIE Shares Up 8% After Block Trade
Shares of Mahindra’s CIE Automotive Ltd surged nearly 8% on Wednesday, with about 12.2 million shares, or a 3.2% stake in the company, changing hands...
Mahindra CIE Rally 8% After 73% YoY Growth in Quarter Results
Mahindra CIE Automotive climbed 8% to Rs 387.55, compared to a 3.2% loss in the Nifty 500 index, after the company disclosed a 73% increase...
M&M Financial Services Soar 3% On Disbursement Growth, Collection Efficiency
On April 5, M&M Financial Services shares rallied 3% in early trade amid a surge in disbursements and collections for the March quarter. M&M Financial...
M&M Shares Rise as Automaker Posts Record Sales in March
Shares of automaker Mahindra & Mahindra edged higher in early trade on April 3 as investors cheered the company’s highest-ever monthly car sales in March....
IFC to Invest Rs 600 Crore in M&M’s New Last-Mile EV Company
Global development agency International Finance Corporation (IFC) announced on Wednesday that it would invest Rs 600 crore in a new last mile mobility (LMM) company,...
British International Investment to Invest Rs 1,925 Crore in Mahindra EV Arm
Indian auto giant Mahindra & Mahindra informed exchanges on February 21 that British International Investment (BII) will invest Rs 1,925 crore ($250 million) in a...
Rate-Sensitive Shares See Mixed Trend After RBI Hikes Repo Rate by 25 Bps
Shares of rate-sensitive sectors such as banks, autos and real estate were mixed on Wednesday after Reserve Bank of India (RBI) Governor Shaktikanta Das announced...
Sensex Falls Sharply for Second Straight Session, Shedding More Than 270 Points
Following a sharp sell-off in the previous session, Indian stocks fell further on Friday morning as major central banks said they would keep raising interest...