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shah: Mahindra & Mahindra's VC unit head Parag Shah quits, to set up own venture

Parag Shah, the head of Mahindra & Mahindra s venture capital arm Mahindra Partners, has resigned from his position after spending two decades with the company. The move comes as the company shifts its focus towards consolidating existing businesses and reducing investments through the arm. Shah oversaw the growth of various new businesses within the group and led investments in external firms. He is now reportedly setting up his own venture. ....

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m&m share price: M&M shares plunge 7% on plans to own 10% stake in RBL Bank

In a post-market hour filing to exchanges on Wednesday, M&M said it has acquired a 3.53% stake in RBL Bank at a cost of Rs 417 crore and may consider further investment subject to pricing, regulatory approvals and required procedures. ....

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Mahindra & Mahindra Q1 results: Net profit jumps 67% to Rs 1,430 cr

The company's revenue from operations surged 66.7 per cent to Rs 19,612.64 crore from Rs 11,764.82 crore in the same quarter last fiscal.  ....

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Pace of bookings not expected to go down despite longer waiting periods: Mahindra & Mahindra

“Semiconductor crisis is largely abated. Demand is what is driving the higher wait times now.," Anish Shah, MD and CEO, M&M, told reporters at its post-results press conference.

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