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Mahindra says it let go of 146 employees in 12 months; denies easing out senior management

Mahindra says it let go of 146 employees in 12 months; denies easing out senior management
The company also refuted that it was planning to retrench employees at Mahindra Research Valley. In fact, we continue to recruit talent, which will further accelerate as we ramp up our EV strategy
BusinessToday.In | March 11, 2021 | Updated 00:16 IST
Mahindra also added that there were no lay offs among its blue collar workers
Homegrown auto major Mahindra and Mahindra on Wednesday said it let go of 48 employees in the last 12 months due to redundancies and another 98 employees have been given 6 month s notice to find another job. Together, this comprises 1.3 percent of its white collar employees, it said in a filing to the Bombay Stock Exchange. M&M denied it eased out senior professionals from the company. ....

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SsangYong's Bankruptcy Filing Brings To Light Mahindra & Mahindra's Struggle With Partnerships

SsangYong's Bankruptcy Filing Brings To Light Mahindra & Mahindra's Struggle With Partnerships
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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TCS Share Price: Stocks in the news: TCS, Kotak Mahindra Bank, DHFL, Airtel and Indian Bank

Explore Now
Nifty futures on the Singapore Exchange traded 31 points, or 0.23 per cent, lower at 13,560.50, in signs that Dalal Street was headed for a negative start on Tuesday. Here are a few stocks which may buzz the most in today s trade:
Indian Bank: The bank said it has raised Rs 560 crore by issuing Basel III compliant bonds on private placement basis.
TCS: IT services major Tata Consultancy Services (TCS) on Monday said it has expanded its strategic partnership with Star Alliance, the world s largest airline alliance. TCS partnership with Star Alliance spans over 15 years and multiple geographies.
Kotak Mahindra Bank: Private sector Kotak Mahindra Bank (KMB) said the Reserve Bank of India (RBI) has approved the re-appointment of Uday Kotak as managing director of the bank for a further period of three years. ....

Sanmoy Chakrabarti , Kapil Wadhawan , Bharti Airtel , Icicidirect Neo , Uday Kotak , Everstone Capital Partners , Goldman Sachs , Burger King , Welcomheritage Hotels , S Chand Co , Mahindra Group , Tata Consultancy Services , Kotak Mahindra Bank , Bajaj Finserv Group , Singapore Exchange , Godrej Properties , Godrej Properties On , Star Alliance , S Chand Co At Rs , Adani Group , Indian Bank , Piramal Enterprises , Dalal Street , Mahindra Bank , Reserve Bank , Chief Risk Officer ,

ETMarkets Morning Podcast: D-Street awaits blockbuster listing of Burger King

ETMarkets Morning Podcast: D-Street awaits blockbuster listing of Burger King
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Mahindra owned Pininfarina Engineering to be liquidated

Due to the current pandemic, the firm lost business from both Hong Kong and Iran firms. Fate of 135 employees of the firm is now in limbo.
Some years back, Pininfarina spun off its technical centre in Turin into Pininfarina Engineering. Now, due to lack of orders and a general slowdown as a result of the pandemic, the Mahindra Group has decided to liquidate the company.
Pininfarina Engineering had been working on vehicle and platform development projects for Hong Kong’s Hybrid Kinetic group, Iran’s Khodro and Vietnam’s VinFast. The company had also been working on certain projects for Mahindra. ....

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