Petrol prices are hiked by Rs 3.14 per litre. The hike will be effective from midnight. In an interview to CNBC-TV18, Pawan Goenka, president-automotive business of Mahindra and Mahindra (M&M) said, it’s not a good news for the auto industry.

Land Bill: We need a comprehensive legislation, says M&M

The Land Acquisition Bill was tabled today at the Lok Sabha. Mahindra & Mahindra's Arun Nanda told CNBC-TV18 that the Parliament needs to look at the 80% threshold, 5% for irrigated and the compensation package, depending on the area and whether the acquisition is private or forced.

Anand Mahindra outlines M&M's retail strategy

The Mahindra Group is on the rise. CNBC-TV18's Shereen Bhan caught up with vice chairman and managing director Anand Mahindra who outlined the importance of building partnerships, especially for the retail business.

Not giving up on two-wheeler business yet: Anand Mahindra

Speaking to CNBC-TV18, Anand Mahindra acknowledged that the company had made mistakes in the two wheeler and car businesses, but added that they are not giving up.

New bank license guidelines: Who qualifies & who lucks out?

Uday Phadke of Mahindra & Mahindra and N Sivaraman of Larsen & Toubro talk about the impact it will have on their respective companies while Abizer Diwanji of KPMG gives his perspective on this development.

India's GDP will grow only 7.5% in FY12: Anand Mahindra

Vice chairman and managing director of Mahindra & Mahindra, Anand Mahindra is confident that the current turmoil will not be as severe as the crisis in 2008.

FM looking to unleash 2nd wave of reforms: Anand Mahindra

The Finance Minister Pranab Mukherjee met top leaders of the Indian industry. In an interview to CNBC-TV18, Anand Mahindra, vice chairman and managing director of Mahindra and Mahindra said, it was a very significant and productive meeting.

M&M confident of outgrowing the market in August

Mahindra and Mahindra has declared its July sales numbers. In an interview with CNBC-TV18, Arun Malhotra of M&M Ltd said, it is an all time record for the company. He further said, August is traditionally not a great month for sales. “We are confident that we will outgrow the market,” he added.

Despite rate hike looming, Mah & Mah dismisses any slowdown

Interest rates have gone up significantly and it’s been pinching a lot of the auto companies. However, Chandrasekar K, executive vice president, corporate finance and IR of Mahindra and Mahindra shares that the company is still seeing strong demand and feels it is far away from slowdown.

Auto sector likely to grow 11-12% in FY12: Pawan Goenka

CNBC-TV18's Senthil Chengalvarayan talks to Pawan Goenka, president of the Auto Motors and Farm Equipments sectors at Mahindra and Mahindra to find out whether slow growth in auto sector is a cause for worry or is it just return normalcy.

Farm mechanisation is driven by lack of labour: VST Tillers

BC Iyengar, Executive Director of VST Tillers & Tractors tells CNBC-TV18 that the biggest problem today for agriculturalists is the lack of labour. “Nobody wants to work in farms. That is what is really driving the mechanization of agricultural practices,” he says

Albeit interest rates are a worry, we grew 29% in June: M&M

Market waited with baited breath for the June auto sales numbers because there was talk of a slowdown, both, in personal vehicles as well as in commercial vehicles. Mahindra & Mahindra’s June total sales numbers came as a breath of fresh air.

Hold your breath: M&M may not dump just-hiked rates on you!

Despite the RBI rate hike, Dr Pawan Goenka, President Automotive Sector, Mahindra & Mahindra (M&M) says the latest increase may not get passed on to the consumer.

Expect tractor sales to grow 13-14% this year: M&M

Utility vehicle maker Mahindra & Mahindra’s total sales in May rose 20% year-on-year to 34,323 units. Its four-wheeler commercial vehicles, which include passenger as well as goods carriers, saw a sales growth of 28% to 9,958 units.

FY11 margins are best in class: Mahindra and Mahindra

Mahindra and Mahindra (M&M) has reported net profit of Rs 607 crore in January-March quarter of 2011. In an interview with CNBC-TV18, Uday Phadke, President-Finance, Legal and Financial Services, M&M, speaks about the results.

Expect tractor sector to grow at 15% in FY12: M&M

In an interview with CNBC-TV18, Avinash Patankar, Senior Vice President - Sales & Channel Development, Farm Equipment Division at Mahindra and Mahindra spoke about the April sales number of the company and the road ahead.

Renault supports M&M to transform Logan to Verito

M&M has rechristened the Logan. The car will now be called the 'Verito', which means 'truth' in latin. This vehicle will now cost Rs 15,000 more than the earlier price. Pawan Goenka, President (Automotive sector) of M&M, spoke on the plans for this passenger car.

M&M records highest-ever sales figure in March

In an interview with CNBC-TV18, Vivek Nayer, Senior VP Marketing- Automotive Division at M&M said, "Overall, 18% is very handsome growth and we are pretty pleased with the month gone by."

Mahindra Forgings foresees good results from German plant

In an interview with CNBC-TV18, Deepak Dheer MD of Mahindra Forgings citing the company's outlook said, "Our European recovery has been better than expected. We are looking forward to a very good result from the German plant."

FY12 to be heavy on investment: Pawan Goenka

Swati Khandelwal Jain talks to Pawan Goenka, the president of Mahindra's automotive and farm equipment sector, who has been appointed as the Chairman of the Ssangyong Motor as he shares Mahindra’s more on the way forward.

Lokesh Machines order book at around Rs 200cr for FY12

Lokeshwara Rao, MD of Lokesh Machines, in an interview with CNBC-TV18’s Reema Tendulkar and Ekta Batra, spoke about the board meeting on March 17 to allot convertible debentures to IFCI Venture.

See no impact due to Japanese crisis: Autoline Industries

In an interview with CNBC-TV18, M RadhaKrishnan, joint managing director of Autoline Industries said," We supply to Toyota in the USA, and that too in a very less percentage. He said that the company will not be affected by the Japanese crisis.

Mahindra targets $500-750m in 5 years from CISCO deal

Terming the Mahindra-CISCO alliance "strategic", Mahindra Satyam's CEO CP Gurnani said this is positive for the company. Projecting revenue generation of USD 500-750 million over the next five years, Gurnani said the company would meet the industry’s growth expectations over the next five to six quarters.

Expect March to see all-time high in sales: M&M

Arun Malhotra of Mahindra and Mahindra expects March to see all-time high sales figures.

Expect a benign approach from FM this budget: M&M

In an interview with CNBC-TV18, Bharat Doshi, Executive Director & Group CFO and Rajeev Dubey, President - HR, M&M spoke on their expectations from the finance minister this budget and the road ahead for the auto industry.