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As RIL's net debt turns zero, a look at companies carrying heavy loan burden

Finance

16 July, 2020

As RIL's net debt turns zero, a look at companies carrying heavy loan burden

India Inc.’s gargantuan debt problem is unlikely to be solved anytime soon as almost a fifth of the 500 most ......

South Korea's SsangYong Motor looks for possible buyer as Mahindra may exit

Manufacturing

19 June, 2020

South Korea's SsangYong Motor looks for possible buyer as Mahindra may exit

South Korean sports-utility vehicle maker SsangYong Motor is looking for a potential buyer after India's Mahindra and Mahindra said it ......

Mahindra seeks to give up control of struggling South Korean unit SsangYong

Manufacturing

12 June, 2020

Mahindra seeks to give up control of struggling South Korean unit SsangYong

Mahindra & Mahindra plans to give up control of struggling South Korean unit SsangYong Motor, the Indian automaker's managing director ......

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Retail lending may revive only after festival season: Mahindra Finance chief

Finance

18 May, 2020

Retail lending may revive only after festival season: Mahindra Finance chief

Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......

Automakers warn of up to 45% sales drop as economy slumps

Manufacturing

12 May, 2020

Automakers warn of up to 45% sales drop as economy slumps

India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in ......

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As coronavirus dampens demand, which companies have the biggest inventories?

Consumer

07 April, 2020

As coronavirus dampens demand, which companies have the biggest inventories?

The coronavirus pandemic has brought the world’s second-most populous country to a virtual standstill, infecting more than 4,500 and killing ......

India car sales crash in March on coronavirus lockdown

Manufacturing

01 April, 2020

India car sales crash in March on coronavirus lockdown

Automakers in India saw a steep fall in sales in March as a slowdown in demand was exacerbated by shutdowns ......

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

Manufacturing

23 March, 2020

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

India's biggest automaker Maruti Suzuki India and peers including Mahindra & Mahindra, Mercedes-Benz, Fiat Chrysler Automobiles (FCA) as well as ......

M&M to buy into Algerian tractor distributor

TMT

18 March, 2020

M&M to buy into Algerian tractor distributor

Automotive major Mahindra & Mahindra Ltd (M&M) will acquire a 5% stake in Eurl LD Azouaou, an Algeria-based firm engaged ......

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Is VC firm Omnivore making any money by partially exiting agri-tech investment?

TMT

13 March, 2020

Is VC firm Omnivore making any money by partially exiting agri-tech investment?

Venture capital firm Omnivore has partially exited its six-year-old investment in an agri-tech company by selling some of its stake ......