South Indian Bank signs an MOU with Mahindra and Mahindra Ltd (M&M) for Dealer Financing

Kolkata: South Indian Bank (SIB) today signed an MOU (Memorandum of Understanding) with Mahindra and Mahindra Ltd (Automobile division) for providing the latter’s dealers with financing solutions. Under the partnership, SIB will provide unmatched dealer finance solutions to M&M’s dealers, thereby meeting their vehicle inventory funding requirements.

Quiklyz signs MoUs with five last-mile mobility players to deliver 1000 electric 3-wheelers

Mumbai/IBNS: Quiklyz, the vehicle leasing and subscription business of Mahindra & Mahindra Financial Services, has signed MOUs with prominent Last Mile Mobility players for leasing over 1000 electric 3-wheelers (3W), the company said Wednesday.

Mahindra’s Farm Equipment arm sells 20138 units in India in Aug 2022

Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for August 2022.

M&M vehicles records sales of 40,102 in Nov, SUVs grow 8 percent

New Delhi/UNI: Spearheaded by a growth in sports utility vehicles (SUVs), overall sales of Mahindra & Mahindra for the month of November, 2021 stood at 40,102 vehicles.

Mahindra and Mahindra acquires Meru

Mumbai/IBNS: Mahindra and Mahindra Ltd has acquired 100 per cent stake in Meru Travel Solutions limited with the aim to expand its presence in the mobility service sector, according to media reports.

Bank of Baroda enters into an MoU with Mahindra & Mahindra for Tractor Finance

New Delhi: Bank of Baroda has taken another initiative towards improving credit penetration in farm mechanization by entering entered into an MoU with Mahindra & Mahindra (Tractor Division) for Tractor Finance business.

M&M moves down by 7.16 pc to Rs 528.05

Mumbai/UNI: Mahindra and Mahindra (M & M) on Monday slipped by 7.16 pc to Rs 528.05 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).