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UK's BII extends timeline for final tranche investment in Mahindra's EV arm - Vimarsana News

UK's BII extends timeline for final tranche investment in Mahindra's EV arm

Mahindra & Mahindra Ltd said Thursday the company and British International Investment have mutually agreed to extend the timeframe for the final tranche of the ......

SIA Group posts record full year net profit of $2,675 million - Vimarsana News

SIA Group posts record full year net profit of $2,675 million

The demand for air travel remained buoyant throughout FY2023/24, boosted by a rebound in North Asia with open borders

Indian SUV maker Mahindra to invest $1.4 billion in EV unit - Vimarsana News

Indian SUV maker Mahindra to invest $1.4 billion in EV unit

Company is in 'advanced stage' of starting production of its Born Electric portfolio

Mahindra Future Plans: M&M not to ignore ICEs for EVs; will look at hybrid tech closely, ET Auto - Vimarsana News

Mahindra Future Plans: M&M not to ignore ICEs for EVs; will look at hybrid tech closely, ET Auto

Mahindra Investment: Auto major Mahindra & Mahindra says ICEs will continues to be an important part of its portfolio. For the next 3 years, the company has deployed INR 27,000 crore, including INR 14,000 crore for ICEs and INR 12,000 crore for EVs. The development comes even as the automaker has been working on its born-electric Inglo platform and is targeting a market launch for its BEV portfolio during January- March 2025 period. Interestingly, Mahindra also said that while at this point in time, it feel good about the focus on EVs but the automaker is ready for hybrids too. "We are lo...

Mahindra & Mahindra lines up Rs 37,000 crore capex in next 3 years - Vimarsana News

Mahindra & Mahindra lines up Rs 37,000 crore capex in next 3 years

India Business News: CHENNAI: Auto to software conglomerate Mahindra & Mahindra has announced a combined capex of Rs 37,000 crore to be spent over the next three years - f.