Tag Archives: Mahindra

Mahindra Finance registers 66% fall in consolidated net profit to Rs 108.5 crore

Mahindra and Mahindra Financial Services (Mahindra Finance) has posted a decline of 66 per cent in its consolidated net profit to Rs 108.50 crore in the first quarter ended June 30, the company said on July 23. It had registered a net profit of Rs 322.30 crore in the corresponding quarter of the previous financial year. Total income (consolidated) was, however, ... Read More »

Mahindra Finance looks to raise $460 million from offshore markets

Mahindra and Mahindra Financial Services, the non-bank arm of the Mahindra group, is looking to tap the overseas markets to raise at least $460 million through a mix of loans and bonds. The company had raised $200 million in FY19 through the external ECB route, and is in the process of raising another $160 million in overseas loans, said Ramesh ... Read More »

10 TIMELESS cars we want back on the road: Maruti Zen to Mahindra Classic

There are some cars that leave a lasting impression on not just their buyers but also on every car aficionado worth his salt. These are the cars that you want to see on the road forever. While the production of these cars has stopped, you want them to return. True, one can always buy these cars from the used car ... Read More »

Mahindra XUV500 SUV facelift TVC released

Mahindra has just released a new TV commercial for the facelifted XUV500 crossover. The XUV500 facelift was launched last month to boost sales. Prices of the 7 seat luxury crossover – Mahindra’s flagship offering presently – start from Rs. 12.39 lakhs, ex-showroom Delhi. The facelifted Mahindra XUV500 is available in 12 variants – 11 in diesel and 1 in petrol. ... Read More »

Mahindra Scorpio at Rs 1.1 lakh discount: Why it’s a terrific buy at this price

With the new financial year kicking in, most mainstream car companies have started offering some really attractive discounts on MY2017 cars that are left in their inventory. The Mahindra Scorpio is one such car that is on sale with huge discounts for the pre-facelift version. Picking up a slightly older Scorpio makes a lot of sense if you factor in ... Read More »

Mahindra Thar driver gives drug peddlers a BIG chase

In what seems like a car chase straight out of video game, a Mahindra Thar owner from West Bengal, Sumantra Aich, gave a bunch of alleged drug peddlers a big chase. Cops in Burdwan, West Bengal, tried to stop the alleged drug peddlers, who drove off, nearly ramming into a group of police personnel while making a getaway. The Thar ... Read More »