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BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

CV sales in July see double-digit growth

Leading commercial vehicle (CV) players witnessed double-digit growth in sales during July 2017. Tata Motors reported a 15 per cent growth in sales of commercial vehicles at 27,842 units. According to the company, a ramp-up of BS-IV production.

CeMAT India concludes on a positive note

The Indian economy is among the fastest-growing in the world, and this was abundantly clear from the upbeat mood at CeMAT India, which was held from December 10 to 13, 2014 at the Pragati Maidan Exhibition Center in New Delhi.

Mahindra launches CRDe tractor

Mahindra and Mahindra?s Farm Equipment Sector (FES) launched its first CRDe tractor , the Arjun 605 MultiApplication Tractor (MAT). Speaking on the occasion, Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanisation Business, Mahindra and Mahindra said, ?At Mahindra, we have always pioneered products which increase farm productivity and enhance rural prosperity.

Innovative approach

Kairas Vakharia is the Senior Vice-president, Innovation & Business Head, Construction Equipment, Mahindra and Mahindra. Currently he leads the Innovation function at M and M?s automotive and farm equipment sectors, and also heads the construction equipment business. He has been with Mahindra and Mahindra since 1992 and has previously held various positions in the corporate office, the farm equipment and automotive sector.He holds a Bachelor`s Degree in Chemical Engineering from University of

Surging ahead

Ajit Jangle has been appointed recently as the Group Chief Operating Officer of Allcargo Logistics. In his career of over 20 years, Ajit has gained rich and varied experience with various Indian

Mahindra to set up assembly, distribution centre in US

Mahindra USA said it will set up an assembly and distribution centre by January, expanding one of the four tractor facilities in North America.

M&M to buy out Navistar in JV

Mahindra and Mahindra (M&M) intends to purchase Navistar International Corp?s stake in Mahindra Navistar Automotives (MNAL) and Mahindra Navistar Engines (MNEPL) for about Rs 175 crore. Following the buy, the joint venture (JV) firms will become Mahindra and Mahindra?s (M&M) wholly-owned subsidiaries, the company said in a statement. M&M holds a 51 per cent stake in both the companies, with the US-based Navistar holding the remaining 49 per cent stake. The deal is subject to the conclusion of de

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