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Mahindra Group
Mahindra Group is an Indian multinational conglomerate, headquartered in Mumbai. The group has operations in over 100 countries, with a presence in aerospace, agribusiness, aftermarket automotive components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail and education. The group's flagship company Mahindra & Mahindra has market leadership in utility vehicles as well as tractors in India. History Mahindra & Mahindra was incorporated as Mahindra & Mohammed in 1945 by the brothers J. C. Mahindra and K. C. Mahindra, and Malik Ghulam Muhammad in Ludhiana, Punjab to trade steel. Following the Partition of India in 1947, Malik Ghulam Muhammad left the company and emigrated to Pakistan, where he became the first finance minister of the new state (and later the third Governor General in 1951). In 1948, K. C. Mahindra changed the company's name ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as NASA, National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space Re ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Mahindra Logistics
Mahindra may refer to: Business * Mahindra & Mahindra, an Indian multinational car manufacturing corporation **Mahindra Truck and Bus Division, an Indian commercial vehicle manufacturer owned by Mahindra & Mahindra * Mahindra Group *Kotak Mahindra Bank, an Indian bank People *Mahinda (buddhist monk), the son of Emperor Ashoka and proponent of Buddha's teachings in Sri Lanka * Mahindu, 10th century Chahamana king of north-western India Places *Mahindra World City, integrated business cities in India **Mahindra World City, Jaipur, India **Mahindra World City, New Chennai, India * Mountain Mahindra or Three Peaks Mountain, in Indian Himalaya, Himachal Pradesh Schools *Mahindra École Centrale, a private engineering institute located in Bahadurpally, near Hyderabad, India *UWC Mahindra College or Mahindra United World College of India, an international school near Pune in Maharashtra, India *Mohindra College, an institution of contemporary higher learning in Patiala, Punjab, India ...
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Mahindra Susten
Mahindra Susten Pvt. Ltd., formerly Mahindra EPC Services Pvt. Ltd. , is part of the USD 19 billion Mahindra Group. They are a portfolio company under the Cleantech arm of Mahindra Partners. In April 2013, Mahindra EPC had its 20 MW solar power project at Bikaner enlisted in the Ministry of New and Renewable Energy's - MNRE (India) merit list for early commissioning for Phase I, Batch II of the National Solar Mission. On 2 February 2015, the company was renamed Mahindra Susten. ''Susten'' is derived from the words - Sustainability and Enabler. History The company commenced its services in 2011 in the renewable energy space with the turnkey execution of Utility scale, commercial, & industrial rooftop Solar PV projects. In 2011, the company received the highest CRISIL- MNRE rating of SP1A for off-grid solar PV system. The company diversified its business into telecom tower solarization, which are presently run on diesel. Mahindra Susten has also been named the Utility Sol ...
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Mahindra Ugine Steel
Mahindra Sanyo Special Steel Private Limited or formerly known as Mahindra Ugine Steel (MUSCO) () is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India. It is a joint venture of the Mahindra Group, one of India's largest industrial houses and Sanyo Special Steel Co. Ltd and Mitsui & Co. Ltd from Japan MUSCO has three stampings facilities located near key automotive clusters in India: Kanhe to serve the manufacturing cluster in Pune; Nashik; and Rudrapur to serve Northern India. Together, MUSCO has a total stampings capacity of 30,000 metric tons per year. Its ring rolling division also has a total capacity of 30,000 metric tons. It was the first steel company in India to receive an ISO 9001:2000 Certificate in 2002 and in 2005, it received ISO TS 16949 certification. History MUSCO was incorporated on 19 December 1962 in Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the officia ...
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Mahindra Lifespace Developers
Mahindra Lifespace Developers Ltd. is an Indian real estate and infrastructure development company headquartered in Mumbai, India. The company was founded in 1994 and is part of the Mahindra Group. The company is engaged in residential developments under the Mahindra Lifespaces and Happinest brands; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘ORIGINS by Mahindra World City’ brands. The company has developed properties in Mumbai, Pune, Nagpur, Ahmedabad, Delhi NCR, Jaipur, Hyderabad, Chennai, and Bengaluru. History GESCO Corporation Limited was incorporated as a Private Limited Company on 16 March 1999 which was converted to a Public Limited Company on 18 August 1999. GESCO was originally the real estate division of Great Eastern Shipping and was spun off into an independent company in April 1999. In 2001, GESCO Corporation and Mahindra Realty & Infrastructure Developers Ltd (MRIDL) demerged the realty and infrastructure divisions o ...
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Tech Mahindra
Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra is a 6.0 billion company with over 158,000 employees across 90 countries. The company was ranked #5 in India's IT firms and overall #47 on Fortune India 500 list for 2019. On 25 June 2013, Tech Mahindra announced the completion of a merger with Mahindra Satyam. Tech Mahindra has 1262 active clients as of June 2022. Tech Mahindra Limited has entered into share subscription agreement to acquire 26% equity shares in Upendra Singh Multi Transmission Private Limited. The acquisition would enable the Company to procure 1.5 MW of Solar Energy for its captive consumption at its facilities located in Noida, UP. History Mahindra & Mahindra started a joint venture with British Telecom in 1986 as a technology outsourcing firm. British Telecom initially had around a 30 pe ...
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Mahindra & Mahindra Financial Services Limited
Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country. Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC. In 1993 it commenced financing M&M Utility vehicles and in 1995 started its first branch outside Mumbai, in Jaipur. The company began financing Non M&M vehicles in 2002 and got into the business of financing commercial vehicles and construction equipment in 2009. In 2011 they had a joint venture with Rabobank subsidiary for tractor financing in the US and consolidated the product portfolio by i ...
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Mahindra Aerospace
Mahindra Aerospace is an Indian aerospace company, part of the Mahindra Group. It is the first Indian private firm to make smaller civil aircraft for the Indian general aviation market. It is an AS9100 Rev.D certified design organization. Acquisitions The parent Mahindra & Mahindra group acquired a 75.1% majority stake in December 2009 of Australian aircraft manufacturer Gippsland Aeronautics, builder of the Gippsland GA200, Gippsland GA8 Airvan and the Gippsland GA10 Airvan. The company was renamed GippsAero. Also in December 2009 the Mahindra & Mahindra group also acquired a 75.1% stake in Aerostaff Australia, a component manufacturer of high-precision, close-tolerance, aircraft components and assemblies for large aerospace original equipment manufacturers. In June 2010 the company acquired the Australian Boeing unit, an aerospace component manufacturer. Products National Aerospace Laboratories (NAL) and Mahindra Aerospace jointly developed the NAL NM5 light aircraft. ...
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Mahindra & Mahindra
Mahindra & Mahindra Limited (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed as Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India. Its subsidiary Mahindra Tractor Company is the largest manufacturer of tractors in the world by volume. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian market include Maruti Suzuki and Tata Motors. Recently Mahindra tractor company has launched TREM IV pollution norms tractors, which have common rail direct injection technology. Mahindra has launched total 6 tractors with CRDI technology one of these iArjun Novo 605 DI PPwhich is with common rail direct injection technology and provides different power output with different modes i.e. tractor has 3 modes. History Mahindra & Mahindra was founde ...
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