While it is reasonable to expect India will see high economic growth, private sector investments may take some time to kick in, says Mahindra & Mahindra‘s Executive Director Pawan Goenka.

Confident industry will grow at 15% on back of rains: M&M

Rajesh Jejurikar, Chief Executive- Tractor and Farm Mechanisation at M&M is confident that industry will grow at 15 percent in FY17 versus 10 percent projected earlier.

M&M to reinvent 2-wheeler biz; to focus more on premium products

In an interview to CNBC-TV18, the company‘s Executive Director Pawan Goenka said that M&M has initiated an internal study on two-wheeler business and a concrete decision will be released in next 6-8 weeks.

M&M eyes 20-25% penetration for DiGiSense across India

Pawan Goenka, ED, M&M also added that currently applications are more commercial in nature.

SC lifts ban on registration of luxury diesel cars in NCR

In a relief to automotive industry, the Supreme Court on Friday lifted the ban on registration of diesel cars in the National Capital Region, subject to a 1 percent cess paid at the time of registration.

Bharti Airtel most transparent co among EMs: Transparency Int'l

The anti-corruption watchdog has said that companies in emerging markets have "pathetic levels of transparency", but Indian companies are better of the lot.

New Blazo to boost heavy CV segment growth: Mahindra

Nalin Mehta, MD & CEO, Mahindra Truck & Bus Division said the most important feature of the new range of Blazo trucks was the fuel spark technology.

Demand uptick, change in demographics aiding auto growth: Citi

Market for cars has been expanding and will continue to expand in coming time, says RC Bhargava, Chairman of Maruti Suzuki.

See Apr-Jun domestic tractor ind growth at 10%: M&M's Jejurikar

Rajesh Jejurikar of M&M says there is improvement in sentiment but whether it translates into real demand depends on the way monsoon pans out. "Rural demand is ultimately based on cash flows," he adds.

Will not launch a petrol variant for NuvoSport: M&M

M&M has launched this car with 6 variants which will be manufactured at its Nashik Plant, says Pravin Shah, President and CEO-Automotive Division of the company

MHCV sales jumped 59% in FY16: M&M

In an interview with CNBC-TV18, Pravin Shah, President and CEO - Automotive Division, M&M, talked about the company's monthly and annual sales numbers and discussed the implications of the Supreme Court ban on large diesel passenger vehicles.

Trringo.com to be based on dual biz model: M&M

In an interview with CNBC-TV18, Rajesh Jejurikar, President and CEO of Mahindra's Farm Equipment said that M&M plans to invest above Rs 10 crore in this start-up.

Urban demand strong, rural market remains a challenge: M&M

In an interview with CNBC-TV18, Pravin Shah, President and Chief Executive-Automotive at M&M said that the demand in urban market remains to be strong while the rural demand continues to struggle.

Not overly worried about infra cess impacting demand: M&M

The infrastructure cess is sure to have a negative impact on the overall demand said VS Parthasarathy, CFO, Mahindra and Mahindra but on other hand the various measures to boost rural economy, infrastructure and farmer income could help mitigate the negatives.

Will sign MoU at Make In India for Chakan Phase II invst: M&M

Pawan Goenka, executive director at Mahindra & Mahindra (M&M) pointed out that investment has never been a constraint for the company and a lot depends on market conditions, demand pull and exports.

XUV Aero Coupe to be most expensive from M&M's stable

Executive Director of M&M, Pawan Goenka, speaking from the show‘s sidelines, says that the company will decide when to produce the car in coming three months and will keep the pricing within Rs 20 lac range.

Turnaround in growth visible; optimistic on overseas biz: M&M

Anand Mahindra, Chairman of Mahindra & Mahindra (M&M) says that while the industry is not very optimistic on auto sales picture, M&M is seeing an uptick in growth currently.

Auto ind meets Gadkari to relook BS-VI implementation timeline

At the meet, Vinod Dasari, President of SIAM, also relayed his thoughts on the recent ban on registration of 2000cc+ cars in New Delhi, pointing out that less than 20 percent of pollution actually comes from auto emission in the city and he wishes the myth that cars are polluting India is dispelled.

Pick-up truck Imperio will create new niche segment: M&M

Pravin Shah, president and chief executive – automotive division, M&M, explains why he expects the vehicle to do well even in a declining small commercial vehicle market

Not losing sleep over diesel car ban in NCR: Pawan Goenka

Pawan Goenka, Executive Director, Mahindra & Mahindra said, the company along with co-petitioners Toyota and Mercedes will urge the Supreme Court on Tuesday to reconsider its decision on diesel car ban after carefully running through all the published facts on contribution of automobiles in causing pollution.

Co to have management control over Pininfarina: Tech Mah

Mahindra and Mahindra and Tech Mahindra to jointly acquire Italian car design company Pininfarina. Both the companies will first form a special purpose vehicle (SPV) and together will acquire 76.06 percent stake in the company.

Sales optimism hinges on next monsoon season: M&M

The company's tractor sales grew 47 percent to 20,819 units in November 2015 as against 14,207 units during November 2014.

Dhanteras sales at 11.5k units; max demand for TUV 300: M&M

“All our strong brands like XUV 500, Scorpio continues to perform much better at the market place and that is what is reflected in retail number on a single day sale of 11,500 numbers,” says Pravin Shah, Pres & Chief Exec-Automotive.

Scope for 25-50 bps fall in lending rates: HDFC Bank

HDFC Bank's Sukhthankar says the cyclical factors for creation of non-performing loans may have played out, but some borrower-specific issues still remain. On the entry of small banks and payment banks, Sukhthankar says the market is large enough to accomodate additional players.

Objective is to be an end-to-end player in agriculture: M&M

Over the last five years the Mumbai-based conglomerate Mahindra & Mahindra has been quietly putting in place a strategy to expand its agriculture business. Executive Director of the company Pawan Goenka, explains M&M's agriculture strategy and the growth potential for the sector.