Mahindra & Mahindra Current Affairs, GK & News

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. For the procurement, EESL is going to utilise the $5-million (around Rs 37-crore) grant that was recently ..

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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 would acquire the automotive business of Ford India Pvt Ltd (FIPL), which is a wholly-owned ..

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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 — education and skill training, women empowerment and child welfare, agriculture and rural development, sports, health ..

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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 2.67% of Mahindra & Mahindra Contech and the balance 52.56% from other shareholders, mainly from ..

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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, which is a core requirement for any business signing on to the campaign. With this ..

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