Mahindra Lifespaces launches premium housing project in Bengaluru worth ₹1900 crore

Mahindra Lifespaces, the real estate and infrastructure arm of the Mahindra Group, has announced the launch of Mahindra Blossom, a premium residential project in Bengaluru’s Whitefield, with a potential gross development value (GDV) of approximately ₹1,900 crore, the company said in a regulatory filing on December 18. Mahindra Lifespaces has launched Mahindra Blossom, a premium […]

Mahindra Lifespace secures redevelopment mandate for a Matunga housing society in Mumbai, targets revenue of ₹1,010 cr

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, will redevelop a 1.53-acre housing society in Matunga, Mumbai, with an estimated revenue potential of ₹1,010 crore, further strengthening its presence in the city’s micro market. In a regulatory filing on December 3, the company said it has been chosen […]

Kotak Mahindra Bank, a house that Uday Kotak built—from ₹30 lakh to ₹4.2 lakh crore| Business News

Kotak Mahindra Bank Ltd., a house that Uday Kotak built with a little help from Anand Mahindra, has completed 40 years of operations today—from ₹30 lakh capital in 1985 to ₹4.2 lakh crore market capitalisation today. Uday Kotak, founder of Kotak Mahindra Bank. (Mint) “40 years ago today, I started a company with ₹30 lakh […]

Anand Mahindra warns of ‘far bigger crisis’ than AI wiping out white-collar jobs| Business News

Anand Mahindra has warned of “a far bigger crisis” at hand amid fears that AI will wipe out white-collar jobs. Mahindra Group Chairman Anand Mahindra. (Bloomberg) “For decades, we pushed degrees and desk jobs to the top of ‘aspirational’ ladder and quietly pushed skilled trades to the bottom,” the chairman of the namesake conglomerate that […]

After mutual funds, Mahindra and Manulife to set up life insurance JV in India| Business News

Mahindra & Mahindra Ltd. and Manulife have agreed to set up a life insurance joint venture in India, five years after they got together to sell mutual funds in the world’s fourth largest stock market. Mahindra Group CEO Anish Shah. Mahindra and Manulife have committed to invest ₹3,600 crore each in the life-insurance JV, with […]