Amid the second wave of the coronavirus pandemic, India is dealing with an acute shortage of oxygen supply. The Mahindra Group has rolled out a free service initiative, ‘Oxygen on Wheels’ (O2W), which will strengthen the availability of oxygen by connecting oxygen producers with the hospitals and medical centres in dire need of it. O2W…
In continuation of its strategic intent to grow its presence in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) today announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru) to buy their respective stakes in Meru. It would acquire 44.14% shares from Private Equity investor, True…
Mahindra & Mahindra Ltd will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a PTI report. M&M is working on developing an EV platform by combining the capabilities of…
Mahindra & Mahindra (M&M) announced that Anish Shah will be the new Managing Director and Chief Executive Officer of the company with effect from 2nd April 2021 for a period of five years. Currently, Shah is handling the role of Deputy Managing Director and Group Chief Financial Officer in the company. “Accordingly, Dr. Anish Shah…
Over the next 15 months, many senior leaders at Mahindra & Mahindra Ltd. will be retiring. Top management succession plans have been announced on 20th December 2019. Anand Mahindra will transition to the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd. with effect from 1st April 2020. Pawan Goenka will be…