Mahindra & Mahindra (M&M), a leading automobile and tractor manufacturing company, is headquartered in Mumbai, Maharashtra. As a part of the Mahindra Group, it ranks among the largest vehicle manufacturers in India.
Mahindra & Mahindra was established in 1945 as 'Mahindra & Mohammed.' Its founders were KC Mahindra, JC Mahindra, and Malik Ghulam Mohammed. Following India's partition, Malik Ghulam Mohammed relocated to Pakistan, prompting the company to rename itself Mahindra & Mahindra. Initially, the company started with steel trading but later ventured into the manufacturing of jeeps, tractors, and other automobiles.
Mahindra's vehicles and tractors enjoy widespread popularity in India. The company is known for its commitment to sustainable innovation and new technologies.
Beyond India, Mahindra & Mahindra has a global presence, operating in regions such as the USA, Europe, Africa, Australia, and South Asia. Its tractors and SUVs are exported to numerous international markets.
Mahindra & Mahindra is a trusted name in the Indian automobile and agricultural equipment industry. Beyond automobiles, Mahindra & Mahindra is a strong contender in sectors like technology, defence, and financial services.
Speaking at the Bharat Agriculture Conclave 2026, Veejay Nakra, President of the Farm Equipment Business at Mahindra & Mahindra Group, highlighted the urgent need to drive value creation across the entire agricultural chain.
On the final trading session of Samvat 2082, Indian benchmark equity indices surged to end at session highs, with the Nifty reclaiming the 25,000 mark and the Sensex crossing 80,000 points. Meanwhile, bullion prices experienced notable corrections on Dhanteras, triggering heavy consumer buying across retail jewellery hubs like Mumbai's Zaveri Bazaar. Market analysts Gaurang Shah of Geojit Investments and Naveen Mathur of Anand Rathi evaluated investment strategies for the upcoming Samvat 2083, advising staggered investments into equities and precious metals to balance risk. Renowned global investor Jim Rogers reiterated his long-term bullish stance on gold and silver, stating that he will never sell his holdings and highlighting recent price dips in silver as attractive entry points. In the corporate sector, Mahindra and Mahindra revised its domestic tractor industry volume guidance to flat for the financial year following deficient monsoon rainfall, low reservoir levels, and drought conditions in key agricultural regions.
Indian benchmark equity indices registered an eighth consecutive week of losses, marking their longest weekly losing streak in 25 years. The BSE Sensex settled near 71,910 while the NSE Nifty traded around 22,420, erasing six lakh crore rupees in investor wealth and turning financial year returns negative. Market weakness was driven by elevated global bond yields, foreign portfolio outflows, and geopolitical conflict in West Asia. Sectoral declines affected auto, FMCG, metals, and infrastructure, while information technology and private banking stocks showed relative stability. In the energy sector, Indian Oil Corporation procured two million barrels of Iraqi Basrah medium crude at a 32-dollar per barrel discount amid transit disruptions through the Strait of Hormuz. Additionally, global pharmaceutical firms Novo Nordisk and Eli Lilly are progressing regulatory clearances for oral GLP-1 weight-loss medications in India by 2027, while airline operator KLM highlighted India's scope to manufacture sustainable aviation fuel.
Tata Trusts faces leadership disputes as Vice Chairman Vijay Singh approached the Maharashtra Charity Commissioner regarding governance concerns at the Sir Dorabji Tata Trust, following a complaint by Venu Srinivasan. The move comes amid Tata Sons restructuring and potential succession discussions. Indian equity markets opened lower, with the Nifty falling below the 22,600 mark amid foreign institutional investor selling, while information technology and private bank stocks held gains. Automotive companies reported monthly sales data for September, showing volume expansion. Mahindra and Mahindra recorded a 15 percent rise in total sales to 1.14 lakh units, while Bajaj Auto registered a 5 percent increase in overall sales alongside a 32 percent surge in exports. Geopolitical discussions also gained traction following bilateral interactions between Indian leadership and United States officials over proposed trade talks and energy sanctions.
Indian equity benchmark indices opened significantly lower as a broad-based market sell-off pushed the Sensex down over 700 points, while the Nifty fell below the 23,800 mark and Nifty Bank slipped under 57,000. Key sectors including banking, IT, metals, financial services, and automobiles faced severe downward pressure, impacting major stocks such as Infosys, TCS, Wipro, Shriram Finance, and Mahindra & Mahindra. Brent crude oil prices surged toward 97 dollars per barrel, triggering selling pressure in crude-sensitive counters like InterGlobe Aviation, while Coal India and ONGC traded higher. Rising US bond yields, global debt market declines, and heightened West Asia geopolitical tensions fueled investor anxiety. Additionally, automobile exports for Maruti Suzuki and Hyundai Motor India encountered severe disruptions due to international shipping container shortages and cargo vessel scarcities. Meanwhile, multi-year high bond yields and rate hike expectations pressed precious metals lower, with MCX gold declining to 1.5 lakh rupees per 10 grams and MCX silver dropping to 2.26 lakh rupees per kilogram.
Indian stock markets experienced sharp volatility on Dalal Street as the Nifty slipped below the 24,000 mark before closing at 24,055 points, weighed down by auto and banking stocks amid rising crude oil prices past 92 dollars per barrel. Meanwhile, the central government tightened the sugar stock limit to 2,000 quintals for dealers from 15 September until 30 November. On the macroeconomic front, Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman hailed India's first-quarter GDP growth of 7.8 per cent, highlighting the nation's broad-based expansion despite global external challenges. Additionally, Mahindra and Mahindra reiterated their focus on electric vehicles, projecting EV contributions to reach 18 to 20 per cent by FY28 as demand transitions from a niche segment to the mass market. In currency trade, the Indian rupee closed 21 paise stronger against the US dollar at 94.95.
On this special report, the focus is on a major development in India-US relations, with the US announcing India will be invited to join 'Paxilica', a strategic alliance for a secure semiconductor supply chain. This news, coupled with signals of progress in trade talks, prompted a sharp rebound in the markets. However, a market expert advises caution, stating, 'Too much should not be attached to this statement. There are still challenges which is what we understand and we will have to see how these are navigated.' The programme also covers the upcoming Union Budget 2026, which may feature a customs duty overhaul, and Maruti Suzuki's major capacity expansion plans in Gujarat. Additionally, the show touches upon the Q3 results of IT majors TCS and HCL Tech and a sudden drop in Dow futures following a statement from US Federal Reserve Chair Jerome Powell.
On this Business Today market opening show, the anchor tracks the latest corporate and financial news. The government is scheduled to announce advanced GDP estimates, with polls predicting 7.5% growth. A new initiative aims to train one million youth in AI skills, with the IT Minister claiming a surge in hiring. Global cues include a US agency preparing to refund $134 billion in tariffs deemed illegal. In the stock market, Tata Capital and Misho face share lock-in expiries, while Reliance Industries attempts to stabilize. The broadcast also reviews Q3 earnings expectations and updates from companies like Titan and Senco Gold.
On this edition of Business Today, Senior Vice President at Geojit Financial Services, Gaurang Shah, discusses the market outlook as the Nifty consolidates. Shah states, 'Auto will definitely dominate as we go forward,' citing new launches and the PLI scheme. The programme also highlights the Delhi High Court allowing Dr. Reddy's Laboratories to export the weight-loss drug Semaglutide and the opening of the Rs 5,400 crore Meesho IPO. Additionally, Market Veteran Sunil Singhania shares his views on valuations, asserting that 'India will always trade at a slight premium.' The Rupee hitting a record low of 90 against the Dollar is also discussed.
Rahul Aripaka, co-founder of Harvested Robotics, details his 'Make in India' story of developing an AI-powered laser weeding machine named 'Rakshak' for Indian farmers. Aripaka explains that the machine, which mounts on any tractor, uses cameras and AI to detect weeds and high-power lasers to eliminate them, reducing the need for manual labour and chemical herbicides. A key point from the interview is the dramatic cost difference; while similar international machines cost around a million dollars, 'Rakshak' is expected to be priced between ₹10 to ₹12 lakhs. The startup is also building what Aripaka calls 'India's biggest agri data bank' by collecting crop and weed data from across the country. The Hyderabad-based company recently raised ₹5 crore in a pre-seed round with backing from prominent angel investor Anand Mahindra.
After weeks of steady growth, benchmark indices are now showing signs of reaching fresh all-time highs, with investors looking for the next big opportunity.
In a gruesome incident from Telangana, Mahindra Reddy allegedly murdered his wife, Swati. After the murder, he cut her body into pieces and dumped them in different locations. Police have taken Mahindra Reddy into custody and are interrogating him. Law enforcement officials recovered Swati's torso and legs from the couple's house, and the remains were moved to the Gandhi Hospital mortuary. Some of the victim's other body parts are still missing. Police teams are actively searching for the remaining body parts in the Musi River at Pratap Singaram, which falls under the Medipalli police station's jurisdiction.
India Today magazine’s 2024 High & Mighty rankings of the movers and shakers in various walks of life are out. Here is the 2024 list of top icons who influence and inspire well beyond the fields where they made their name.
Taking to Twitter, Anand Mahindra, on Monday, said that the skills and discipline Agniveers gain during the four years will make them employable.
Businessman Anand Mahindra shared two videos of two brothers who struck a chord with netizens. Mahindra felt that talented people should be encouraged. Watch the soulful video and decide yourself.
A new trick is going viral on Twitter right now. The clip was shared on social media by Anand Mahindra and it shows a teacher trying to explain her students the multiplication table of 9. According to the Mahindra group Chairman, he received the video on WhatsApp.
