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Mahindra electric: M&M to invest to Rs 12,000 cr in EV biz; timeframe for BII's Rs 1,925 cr investment extended

Mahindra & Mahindra (M&M) board approved a Rs 12,000 crore investment in its electric arm MEAL over three years. The company aims to fund its capital needs from operating cash and extended the timeframe for BII s Rs 725 crore investment. BII and Temasek previously invested in MEAL for electric SUV development. ....

United Kingdom , United British International Investment , Mahindra Electric Automobile Limited , United Kingdom Development Finance Institution , Kingdom Based British International Investment , Development Finance Institution ,

Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Mahindra Electric Automobile Ltd, a subsidiary of M&M, has been incorporated on October 25, 2022 ....

Mahindra Electric Automobile , Electric Automobile Limited , Total Income , Wheel Passenger Electric Vehicles Business ,

m&m shares: M&M announces final dividend of Rs 21 for financial year 2024

M&M announced a dividend of Rs 21.10 per share for FY24 with a 32% YoY spike in profit to Rs 2,038 crore. The revenue rose 11% YoY to Rs 25,109 crore. The company reported solid operating performance across multiple businesses in FY24. TechM showed a weak spot, with a new organization in place and progress on sustainability. ....

Anish Shah , Mahindra Finance ,

Mahindra & Mahindra To Invest Rs 12,000 Crore In Its EV Unit

Mahindra & Mahindra To Invest Rs 12,000 Crore In Its EV Unit
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

New Delhi , United Kingdom , British International Investments , Mahindra Electric Automobile Limited , Mahindra Electric Automobile , Automaker Mahindra , Electric Automobile Limited ,

Sensex inches 600 pts higher, Nifty closes above 22,400 mark

Sensex inches 600 pts higher, Nifty closes above 22,400 mark
indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.

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