#Mahindra & Mahindra

[times-of-scoop]

Mahindra & Mahindra Ltd. Reports Strong Q3 FY24 Results: Net Profit Surges 60.6%

Mahindra & Mahindra Ltd., a leading automaker based in Mumbai, witnessed a significant increase in its income during the third quarter of fiscal 2024, meeting market estimates. According to the exchange filing on Wednesday, the net profit of the company soared by 60.6% year-on-year to reach Rs 2,454 crore. This remarkable growth was supported by a 16% rise in revenue, reaching Rs 25,642.4 crore…

[indiaepost]

Sensex trades lower amid selling in banking stocks

 Indian equity indices opened in red on Wednesday following pressure in banking stocks. At 9:55 a.m., Sensex was down 228 points or 0.28 per cent, at 80,123 and Nifty was down 58 points or 0.24 per cent, at 24,378. Banking stocks are leading the fall. Nifty Bank is down 261 points or 0.50 per cent, at 52,307. In the Sensex pack, M&M, SBI, Kotak Mahindra Bank, HCL Tech, TCS, JSW Steel, Axis…

[phoenixcitadel]

This August, Phoenix Citadel brings unbeatable offers, an exciting festival, and much more for you and your loved ones!

Citadel Tuesday: Buy One, Get One This August, Phoenix Citadel celebrates Citadel Tuesday, where you can enjoy a Buy One, Get One offer every Tuesday on fine dining and entertainment brands. This offer is available for a month and more, from July 18 to October 31. Want some yummy and delicious food from the food court or to watch thrilling and exciting movies at INOX? We have you covered!   The Great Electronic Fest! Rev up your shopping game at Phoenix Citadel with irresistible discounts on electronic brands. From August 10th to August 20th, 2023, experience the electrifying touch of cutting-edge technology right at your fingertips with electronic brands. Reliance Digital, Croma, iNSPiRE, and Lenovo came up with unbeatable prices at Phoenix Citadel. Enjoy up to 50% off + 10% instant discount at Reliance Digital, get up to 30% off on iNSPiRE, and get Apple products like the MacBook Air for up to 31% off. Buy an iPhone and get up to 24% off; buy an Apple Watch and get up to 15% off; buy an iPad and get up to 12% off; buy AirPods and get up to 18% off; on Lenovo, enjoy up to 25% off and get an assured gift from Croma on purchases of Rs. 15000 and above.   Phoenix Citadel surprises do not just end here; get a chance to win gifts worth Rs. 1 crore and an assured couple of movie tickets if you shop for Rs. 50,000 and above.     Auto Expo x Phoenix Citadel Get set to amp up the excitement with Phoenix Citadel. This August is going to be crazy for all car lovers, with cars like BMW, Volvo, Toyota, Tata, and much more to explore. Roll into the Phoenix Citadel Auto Expo from August 11th to August 13th, 2023.   Rakshabandhan: Phoenix Gift Card Pranks, fights, and love are the constituents of healthy brother-sister relationships. On this Raksha Bandhan, enjoy the bond of love with a Phoenix Citadel Gift Card. Shop from Phoenix Gift worth INR 15,000 to unlock an exclusive gift hamper. From….   Fashion Night Out: Flat 50% OFF Dress up for the most exciting night at the Phoenix Citadel. Enjoy the most unforgettable events at Phoenix Citadel like DJ Parties, International Music, and Sip & Paint with your friends and loved ones, and the most unbeatable offer is the flat 50% off. Shop for Rs. 5,000 and more and get a chance to win a gift worth Rs. 1 crore. Valid only on August 24, 2023.   ChessBase Competition: Phoenix Citadel X Tech Mahindra The ChessBase India Chess Club at Indore! Phoenix Citadel organises the ChessBase Competition for all who enjoy playing chess and have the spirit or interest to play and learn chess. This activity is open to all age groups every Saturday on mall premises.   Chandrayan: Tri-Colour Lighting From August 23 to August 31, witness the mesmerising decor of Chandrayan. And enjoy the dazzling and electrifying tri-colour lighting at Phoenix Citadel.    

[equitylogistic]

HOW LOGISTICS & TRANSPORTATION COMPANIES IN INDIA ARE POISED TO SHAPE THE FUTURE

The Indian logistics industry has seen steady growth in recent years and is now poised to become one of the most important players in the global economy. But how are Logistics & Transportation companies in India set to shape the future? In this article, we explore the ways in which these companies are innovating to stay ahead of the curve and how this could have a major impact on the entire industry.

Introduction: Logistics & Transportation in India

The Indian logistics and transportation industry is at an inflection point. The sector is currently valued at $160 billion and is projected to grow to $215 billion by 2020, making it one of the fastest-growing industries in the country.This growth is being driven by a number of factors, including the government's focus on infrastructure development, the continued growth of e-commerce, and the expanding middle class. These trends are creating new opportunities for logistics and transportation companies in India.Logistics companies are well positioned to benefit from the government's infrastructure initiatives, which include plans to develop 100 smart cities, build new airports, and expand port capacity. Transportation companies can also take advantage of the growing e-commerce market, which is expected to reach $120 billion by 2020. And as the middle class expands, there will be increasing demand for both domestic and international travel.There are a number of Indian companies that are already leading the way in this space. Mahindra Logistics is one of the country's largest integrated logistics providers, with a network of over 200 warehouses across India. TVS Logistics is another major player, with a focus on automotive logistics. And Gati Limited is one of India's largest express distribution and supply chain management companies.These are just a few examples of how logistics and transportation companies in India are poised to shape the future. With their unique combination of experience, infrastructure, and scale, they are well positioned to take advantage of the

Current Trends and Challenges

Logistics and

transportation companies in India

are facing a number of challenges as they look to shape the future of the industry. One of the biggest challenges is the continued growth of e-commerce and online shopping, which is resulting in an increase in demand for logistics services. This is putting pressure on logistics companies to improve their efficiency and responsiveness in order to meet customer expectations.Another challenge facing logistics companies is the need to invest in new technologies in order to stay ahead of the competition. This includes investing in automated systems, big data analytics, and mobile applications. These technologies can help logistics companies improve their operations and provide a better experience for their customers.Finally, another challenge for logistics companies is the need to find skilled workers. The industry is facing a shortage of qualified workers, which is making it difficult for companies to fill open positions. This shortage is only expected to grow as the industry continues to expand. Logistics companies will need to find innovative ways to attract and retain qualified workers if they want to be successful in the future.

Growth Opportunities for Logistics & Transportation Companies

The logistics and transportation sector in India is expected to grow at a compound annual growth rate (CAGR) of 10.1% between FY18 and FY24, according to a report by ICRA. The sector is benefiting from the country's strong economic growth as well as the government's initiatives to develop the infrastructure and improve the business environment.The government's flagship program, Make in India, is helping to boost demand for logistics services as companies invest in manufacturing capacity. The Goods and Services Tax (GST) has also had a positive impact by simplifying the movement of goods across state borders. And, with the continued development of the country's highways, railways, and ports, logistics companies are well positioned to take advantage of the growing demand for their services.Some of the key growth opportunities for logistics companies in India include:1. Express delivery: The e-commerce boom has created huge demand for express delivery services, which are expected to grow at a CAGR of 30% between FY18 and FY24. This presents a significant opportunity for logistics companies that can provide these services.2.) Cold chain: With the increasing popularity of processed and packaged food, there is growing demand for cold chain solutions that can preserve these products during transport. This presents an opportunity for logistics companies that have expertise in this area.3.) Warehousing: The rise of e-commerce has led to increased demand for warehousing space near urban areas.

Impact of Technology on Logistics & Transportation industry in India

The 21st century is an era of digitalization and active global trade. The advancement in technology has impacted almost every sector, and the logistics & transportation industry is no exception. In India, the logistics industry is expected to grow at a compound annual growth rate (CAGR) of 10.5% between 2016-2026 according to a report by India Brand Equity Foundation (IBEF). The transportation sector is also projected to grow at a CAGR of 6.28% during the same period.The growth of e-commerce in India is one of the major drivers for the growth of the logistics & transportation industry. According to IBEF, the e-commerce market in India is expected to grow from US$ 39 billion in 2017 to US$ 120 billion by 2020, at a CAGR of 51%. This rapid growth is resulting in an increase in demand for last-mile delivery services which is benefiting the logistics industry.Another driver for the growth of the logistics & transportation industry in India is the government's focus on infrastructure development. The government's flagship program 'Make in India' has led to an increase in domestic manufacturing which has resulted in increased freight movement within the country. The government's initiative to develop smart cities are also expected to create new opportunities for the logistics industry as these cities will need efficient supply chain and transportation systems.With favorable government policies and increasing demand from sectors such as e-commerce and manufacturing, the logistics & transportation industry.

Innovations in the Sector

The logistics and transportation industry in India has undergone a sea change in the last few years. Thanks to initiatives like Make in India and Digital India, the sector is now better equipped than ever before to meet the needs of a rapidly growing economy.One of the most significant changes has been the introduction of new technologies that are transforming the way logistics companies operate. For instance, GPS tracking systems are now being used to keep track of vehicles and ensure that they reach their destination on time. In addition, transport management software is being increasingly used to plan and optimize routes, resulting in reduced costs and improved efficiency.Another area where innovation is happening is in last-mile delivery. With the growth of e-commerce, there is a growing demand for timely and efficient delivery of goods to consumers. This has spurred logistics companies to come up with new solutions such as using bicycles or even drones for deliveries in congested urban areas.All these innovations are making the logistics and transportation sector more efficient and responsive to the needs of businesses and consumers. It is clear that this sector is poised to play a key role in shaping the future of India's economy.

Future Outlook

In the next decade, we can expect to see major changes in the logistics and

transportation industry in India

. The sector is expected to grow at a compound annual growth rate (CAGR) of 10-12% between 2020 and 2030. This growth will be driven by a number of factors, including the continued rise of e-commerce, the expansion of the middle class, and infrastructure improvements.As e-commerce continues to grow in India, logistics and transportation companies will need to adapt to meet the demands of online shoppers. This will likely include investing in new technologies, such as automation and artificial intelligence, to help improve efficiency and accuracy. We can also expect to see an increase in collaboration between logistics companies and retailers as they work together to meet customer expectations.The expansion of the middle class is another key driver of growth for the logistics and transportation industry. As more people move into this demographic, there will be greater demand for goods and services. This will result in an increase in shipments, both within India and internationally. To meet this demand, logistics companies will need to invest in additional capacity, including warehouses, trucks, and trains.Finally, infrastructure improvements are also expected to contribute to the growth of the logistics and transportation industry. The government has pledged to invest $1 trillion over the next five years to improve roads, railways, seaports, and airports. This investment will make it easier for companies to move goods around the country and reach new markets. 

Conclusion

The logistics and

transportation industry in India

is poised to shape the future of the country. With its vast network, innovative solutions, and cutting-edge technology, these companies are setting a high bar for excellence in the global market. With their commitment to providing reliable services at competitive prices, logistics &

transportation companies in India

are essential players in the growth of this rapidly growing economy. From e-commerce to industrial supplies, they have become an integral part of our lives and will continue to be so as we look towards a brighter future.

[aksarnews]

Mahindra & Mahindra Total Sales Rose 11% To 39,157 Units In December 2021

Mahindra & Mahindra Total Sales Rose 11% To 39,157 Units In December 2021

M&M Auto Sales: Exports increased by 37 per cent to 3,017 units in December 2021 Mahindra & Mahindra (M&M) on Saturday reported an 11 per cent increase in total sales at 39,157 units in December 2021.The company had sold 35,187 units in December 2020, M&M said in a statement.In the domestic market, passenger vehicle sales were up 10 per cent to 17,722 units last month, compared to 16,182 units…

[sidnazpro2020]

Latest News Today - Stocks To Watch In Trade Today (June 4, 2021): Banking

Latest News Today – Stocks To Watch In Trade Today (June 4, 2021): Banking

The Ministry of Defence has signed a contract with Mahindra Telephonics Integrated Systems for radars The domestic stock markets are likely to open on a flat note ahead of the monetary policy announcement by the Reserve Bank of India. Reserve Bank Governor Shaktikanta Das-led Monetary Policy Committee (MPC) will announce its policy decision, at the end of a scheduled review that started on…

[weelectronicstudentreviewstuff]

Mahindra & Mahindra's Quarterly Profit Slides As Costs Mount

Mahindra & Mahindra’s Quarterly Profit Slides As Costs Mount

Mahindra and Mahindra Ltd reported a slump in third-quarter profit on Friday, as the carmaker reported a one-time loss on its South Korean unit Ssangyong Motor which has filed for bankruptcy Mahindra, as part of a wider review to retain only those businesses with the potential to make money, has been in talks to sell its stake in Ssangyong. The South Korean automaker, however, filed for a…

[newzzhub]

These Indian Firms Made Highest Foreign Investment This Year

These Indian Firms Made Highest Foreign Investment This Year

In the financial year 2020-21,around $13 billion was invested by Indian companies Foreign Direct Investment: Indian firms invested a sum of $12.25 billion under both the automatic and the approval routes in the first eight months of this year, which has been in accordance with the steady outflows witnessed in the last couple of years. In the financial year 2020-21, around $13 billion was…

[newsupdated]

Centre Open To Raising Auto Import Duty To Boost Domestic Production: Piyush Goyal Raising duties was "not a bad idea" to discourage automakers from importing car kits, Piyush Goyal said…

[newsoreo]

Mahindra & Mahindra Q1 profit falls 94% at Rs 55 crore – Times of India (File photo) NEW DELHI: Homegrown diversified group Mahindra & Mahindra on Friday reported 94 per cent decline in consolidated profit at Rs 54.64 crore for June quarter 2020, adversely impacted by the Covid-19 pandemic.

[updexnews]

Mahindra & Mahindra Sales Drop 55% In June Mahindra sold 19,358 vehicles in June Automobile major Mahindra & Mahindra posted a 55 per cent decline in vehicle sales in June, as compared to the same month last year.

[don-lichterman]

HDFC Bank share price: Stocks in the news: HDFC Bank, Infy, M&M, UltraTech, Lupin and MindTree

HDFC Bank share price: Stocks in the news: HDFC Bank, Infy, M&M, UltraTech, Lupin and MindTree

Nifty futures on the Singapore Exchange traded 29.5 points, or 0.17 per cent lower at 17,299.50, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: MindTree, Mishtann Foods, Sheetal Cool: MindTree, Mishtann Foods, Sheetal Cool Products, Swiss Military Consumer Goods, Star Housing Finance, DRC Systems India, SM…

[weelectronicstudentreviewstuff]

M&M To Focus On Electric Vehicles After Ending Joint Venture Talks With Ford

M&M To Focus On Electric Vehicles After Ending Joint Venture Talks With Ford

M&M plans to develop more electric platforms in India to build SUVs for local and export markets Mahindra & Mahindra Ltd will focus on developing its core portfolio of sport-utility vehicles (SUVs) and their electric version, a senior executive said on Friday after the company ended joint venture talks with Ford Motor Co. Anish Shah, the deputy managing director, said Mahindra will focus mainly…

[go-21newstv]

These Indian Firms Made Highest Foreign Investment This Year

These Indian Firms Made Highest Foreign Investment This Year

In the financial year 2020-21,around $13 billion was invested by Indian companies Foreign Direct Investment: Indian firms invested a sum of $12.25 billion under both the automatic and the approval routes in the first eight months of this year, which has been in accordance with the steady outflows witnessed in the last couple of years. In the financial year 2020-21, around $13 billion was…

[hospitality-world-news]

Club Mahindra debuts in Andaman & Nicobar Islands - ET HospitalityWorld

Club Mahindra debuts in Andaman & Nicobar Islands – ET HospitalityWorld

Club Mahindra, Mahindra Holidays and Resorts has launched three affiliate resorts in Andaman & Nicobar Islands. The resorts, Symphony Palms, Symphony Summer Sands and Symphony Samudra, are located at Havelock Island, Neil Island and Port Blair. Miguel Munoz, Chief Resort Officer, Mahindra Holidays & Resorts India Limited said, “We are proud to introduce our very first resorts in Andaman and…

[newzzhub]

Mahindra & Mahindra Surges On Plans To Increase Prices Of Passenger, Commercial Vehicles

Mahindra & Mahindra Surges On Plans To Increase Prices Of Passenger, Commercial Vehicles

Mahindra & Mahindra shares were witnessing higher than usual volumes on BSE Shares of sports utility vehicle and tractor maker – Mahindra & Mahindra – rose as much as 3.8 per cent to hit an intraday high of Rs 745.55 on the BSE a day after the company announced its plan to increase prices of passenger and commercial vehicles across models with effect from January 1, 2021. The Mumbai-based auto…