Mahindra & Mahindra
EESL’s procurement of 250 Electric Vehicles
Energy Efficiency Services (EESL) recently selected Tata Motors and Hyundai Motor India in an international bidding process to procure 250 electric vehicles (EVs) for government entities. Tata Motors will supply 150 Nexon electric compact SUVs and Hyundai will supply 100 Kona electric premium SUVs. The total tender value is Rs 41.6 crore. ..
Month: Current Affairs - September, 2020
CCI approves joint venture between Mahindra & Mahindra and Ford Motor
The Competition Commission of India (CCI) has recently approved the formation of Joint Venture (JV) between Mahindra & Mahindra and Ford Motor and the transfer of automotive business of Ford India to the JV. The new venture to be formed ..
Six companies honoured with 2019 CSR Journal Excellence Awards
Six companies — Tata Power, ReNew Power, Hindustan Zinc, Aditya Birla Capital Ltd., YES Bank Ltd. and Mahindra & Mahindra — emerged winners in the CSR Journal Excellence Awards. In the 3rd edition of awards, there were six categories — ..
UDS acquires Majority Stake In Matrix Business Services
UDS, which is a facilities management provider has acquired a majority stake in Matrix Business Services, which operates in the business assurance and background verification segment. This acquisition includes buying out the entire 19.77% stake of Kotak Mahindra Investments and ..
Mahindra becomes first Indian company to sign EP100 energy productivity campaign
Indian automobile giant Mahindra & Mahindra Ltd. has become the first Indian company to sign up for “EP100”, a global energy productivity campaign. By joining this campaign, Mahindra & Mahindra Ltd has committed to double their energy productivity by 2030, ..
Month: Current Affairs - April, 2016
Impact of US Rating Downgrade on India: Some Reactions
Cost of borrowing for the US may go up by a few percentage points. But that would not really affect India. Dollar still remains dominant and potent currency in the world(Statement of Pratip Chaudhuri, SBI CHAIRMAN) I see the US ..