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Brazilian aerospace giant Embraer inaugurated its new office in New Delhi on Friday to expand its presence across India's commercial aviation, defence, business aviation, services, and urban air mobility sectors. With nearly 50 aircraft already operating in India, Embraer aims to strengthen collaboration with local partners, suppliers, and customers while supporting Make in India and Atmanirbhar Bharat initiatives. Brazilian aerospace major Embraer on Friday inaugurated its office in the nation ...Read More >
Mumbai, Oct 19 (PTI) RBL Bank expects Emirates NBD Bank's USD 3 billion fund infusion, the largest FDI in the financial services sector, to close by June next year, once the regulatory and government approvals are secured, a top official said on Sunday. RBL Bank will merge with NBD's wholly-owned subsidiary operating in India and become a "listed foreign bank subsidiary" post-deal, the management said. "Our aspiration is to grow multi-fold, and the capital will help. We are now a mid-sized sma ...Read More >
Mahindra & Mahindra rose 2.14% to Rs 3637.30 after the company entered into a strategic cooperation agreement with Brazil's Embraer Defense & Security to introduce the C-390 Millennium military transport aircraft to India.The agreement was signed in New Delhi alongside the inauguration of Embraers national office in Aerocity. It follows a memorandum of understanding signed in February 2024 at the Brazilian Embassy in New Delhi. The partnership aims to advance the C-390 Millennium for the Indian ...Read More >
New Delhi [India] October 17 (ANI): In a major boost to India's 'Atmanirbhar Bharat' initiative, Mahindra Group and Brazil's Embraer Defense & Security on Friday announced a strategic cooperation agreement to introduce the C-390 Millennium military transport aircraft in India. The agreement, signed during the inauguration of Embraer's national office in New Delhi, aims to advance the C-390 Millennium solution for the Indian Air Force's Medium Transport Aircraft (MTA) programme. Also Read | 'Th ...Read More >
New Delhi, Oct 17 (PTI) Mahindra Group on Friday said it has inked a pact with Embraer Defense & Security for introduction of C-390 Millennium military transport aircraft in India. Embraer Defense & Security and Mahindra Group have signed a landmark strategic cooperation agreement (SCA) to advance the C-390 Millennium solution for the Indian Air Force's Medium Transport Aircraft (MTA) programme, the Mumbai-based Mahindra Group said in a statement. This agreement was inked alongside the inaugur ...Read More >
New Delhi [India], October 2 (ANI): Mahindra & Mahindra Ltd. marked its 80th Founders' Day on Thursday, paying tribute to the vision of its founders, J.C. Mahindra and K.C. Mahindra, who established the company on October 2, 1945. According to a Mahindra & Mahindra Ltd. press release, the story of Mahindra began even before India's independence. In 1945, as the world emerged from war and uncertainty, the company placed an advertisement in a media outlet. Rather than promoting products, the ad m ...Read More >
New Delhi, Oct 2 (PTI) Turbulent times offer India a chance to pursue technological self-reliance and achieve global leadership in manufacturing, Mahindra Group Chairman Anand Mahindra said on Thursday, commemorating the conglomerate's 80th anniversary. Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with over 3,24,000 employees in over 100 countries. Eighty years ago, the Mahindra Group was born with a crystal-clear purpose to ...Read More >
New Delhi, August 28: Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the strong capabilities ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the stro ...Read More >
New Delhi, Aug 28 (PTI) Airbus has awarded a contract to Mahindra Aerostructures to manufacture the main fuselage of the H125 helicopters as the aerospace major boosts its Make In India efforts. The latest development comes less than five months after the company awarded the contract to Mahindra Aerostructures Pvt Ltd (MASPL) for manufacturing the main fuselage for H130 helicopters in April. "The production contracts for the H125 and H130 aerostructures to MASPL firmly integrate India into Air ...Read More >
Hyderabad: On a Sunday morning, students of Mahindra University came in for a last formal academic event, the convocation, before they became a part of the real world. In a befitting manner, they got some advice from Mahindra Group chief and university Chancellor Anand Mahindra and Dr Reddy's Laboratories co-chairman and managing director G.V. Prasad. They shared some life lessons with the students at the fourth annual convocation of Mahindra University. They wanted the young to pick up lessons ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quick ...Read More >
Hyderabad (Telangana) [India], August 3 (ANI) Mahindra University in Hyderabad held its fourth annual convocation at its campus in Bahadurpally, Hyderabad on Sunday. A total of 943 students from engineering, management, law, and education disciplines received their degrees at the annual convocation, as per a varsity statement. The ceremony also included the awarding of degrees to 13 PhD scholars. G V Prasad, Co-Chairman and Managing Director of Dr Reddy Laboratories, was the Chief Guest. Mah ...Read More >
VIJAYAWADA: Mahindra Group Chairman Anand Mahindra has expressed optimism about investment opportunities in Andhra Pradesh, indicating that his teams are already engaged in discussions related to solar energy, micro-irrigation and tourism ventures in the State. In a post on X on Saturday, Mahindra responded to Minister for HRD and IT Nara Lokesh's appeal to consider setting up a Mahindra manufacturing unit in AP. "Happy to be a part of Andhra Pradesh's journey," he wrote, suggesting a positive ...Read More >
Bhopal, July 19 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav's seven-day foreign visits to Dubai and Spain concluded on Saturday, and he is scheduled to return to New Delhi on Sunday, government officials said. Talking to media in Barcelona in Spain on Saturday, Chief Minister Yadav said that his visit has been successful as various memorandums of understanding were signed with investors to increase production, employment opportunity and farmers' income in the state. Speaking at ...Read More >
Vijayawada: The Anand Mahindra Group on Saturday expressed its interest in investing in Andhra Pradesh. The expression of interest (EoI) came in Telugu with Anand Mahindra himself responding to Education, IT and Electronics minister Nara Lokesh epistle appreciating a Telugu advertisement released by the Mahindra Group about the launch of its truck. Seeing the ad, Lokesh took to X and thanked Anand Mahindra writing, "Loved the Telugu ad, Sir. AP is a large market for your vehicles and I am sure ...Read More >
Europe and a few markets in Asia-Pacific Japan (APJ) will continue to drive higher growth for Tech Mahindra in FY26, said Anand Mahindra, Chairman of the company, during its annual general meeting (AGM). "We believe Europe, a few markets in APJ will continue to drive higher growth in FY26," said Mahindra during the AGM. In FY25, he said America contributed the most in terms of revenue, while West Asia and Israel operations had "no material impact" on overall business. The company continued to c ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population ...Read More >
New Delhi, Jul 17 (PTI) IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on Thursday. During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society. "Over the next two to three years, the company plans to invest in learning infrastructure and in enhancing market position in key m ...Read More >
New Delhi, Jul 17 (PTI) The Panchayati Raj Ministry on Thursday said it has brought together 19 partner institutes of planning and architecture to prepare spatial development plans for 36 gram panchayats across 14 states as a pilot project. A two-day workshop in this regard, titled 'Navingram --" Re-Imagining the Village', commenced in Madhya Pradesh capital Bhopal on Thursday, the ministry said in a statement. A Gram Panchayat Spatial Development Plan (GPSDP) is a comprehensive plan that guid ...Read More >
New Delhi, Jul 17 (PTI) IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on Thursday. During the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society. Also Read | 'A Decade of Digital India' Reel Contest by Government of India: How To Participate and Win Up To INR 15,000? Check Sub ...Read More >
Hyderabad (Telangana) [India], July 6, : The Government of Telangana has announced a new policy allowing employees in all commercial establishments (excluding shops) to work up to 10 hours a day, subject to specific labor safeguards, with an aim to improve the ease of doing business in the state. The decision, aimed at offering greater flexibility to businesses while ensuring worker protection, outlines that the total working hours for an employee must not exceed 48 hours in a week. The govern ...Read More >
Hyderabad (Telangana) [India], July 6, (ANI): The Government of Telangana has announced a new policy allowing employees in all commercial establishments (excluding shops) to work up to 10 hours a day, subject to specific labor safeguards, with an aim to improve the ease of doing business in the state. The decision, aimed at offering greater flexibility to businesses while ensuring worker protection, outlines that the total working hours for an employee must not exceed 48 hours in a week. Also ...Read More >
New Delhi, Jun 30 (PTI) India stands uniquely poised to emerge as a global manufacturing powerhouse amid the challenging geopolitical environment, according to Mahindra & Mahindra Group CEO and Managing Director Anish Shah. Addressing shareholders in the group's Annual Report for 2024-25, Shah noted that with its growing infrastructure, young workforce, and favourable policies, India's opportunity to lead the world in manufacturing has never been greater. "The current geopolitical and economic ...Read More >
Sunday, 29 June 2025 () Mahindra Group Chairman Anand Mahindra envisions India as a pivotal force in a reshaped global landscape, or "Globalisation 2.0." Addressing shareholders, he acknowledged challenges from shifting alliances and trade dependencies. Mahindra emphasized India's strengths -- stable democracy, reliability, and a strong military -- while urging strategic action to minimize risks and seize growth opportunities. ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. ...Read More >
MUMBAI, June 27: Realty firm Mahindra Lifespace Developers Ltd has bagged a housing society redevelopment project at Mulund in Mumbai, and it is expecting a revenue of about Rs 1,250 crore from this upcoming property. Mahindra Lifespace Developers is the real estate and infrastructure development arm of the Mahindra Group. In a regulatory filing on Friday, the company informed that it has been appointed as the "preferred developer for the redevelopment of a premium housing society in Mulund (W ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Showcasing resilient economy amid robust policies, the collective brand value of the top 100 Indian companies reached $236.5 billion in 2025 to date, according to a new report. The 'Brand Finance India 100 2025' ranking results remain stable, reflecting a year of steady gains for major Indian brands across sectors. Tata Group has once again secured its position as India's most valuable brand ranked by becoming the first Indian brand to cross the $30 billion ...Read More >
PUNE: Automobile industry, the barometer of the economy, has welcomed the RBI rate cut by 50 basis points to 5.5 per cent from 6 per cent, saying such reduction in repo rate would have a positive impact on the automobile sector in the country. "Such reduction in repo rates would have a positive impact on the auto sector since it would lead to increased accessibility to finance at reduced costs, thereby creating a positive sentiment amongst the consumers in the market," said Shailesh Chandra, Pr ...Read More >
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