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Mahindra ties up with PSUs to mass-produce ventilators and aid COID-19 treatments

Mahindra & Mahindra's MD Pawan K Goenka has announced that Mahindra Group is going to increase the manufacturing of ventilators by simplifying design and is already working with two PSUs. The company is also working on an automated version of the Bag Valve Mask ventilator. Goenka also said, "We hope to have a prototype ready in three days for approval. The Coronavirus cases have climbed to over 600 with at least 13 deaths so far. Src: https://bit.ly/3alXX2l

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8 votes

Tech Mahindra announces ‘Same-sex adoption leave’ to create an inclusive workplace

IT Major-Tech Mahindra has taken a major step towards creating an inclusive workplace by announcing that same-sex couples will be able to avail 12 weeks of paid adoption leave as per the new policies. The new policies are aimed at expanding the company's diversity and inclusion policy, especially those from the LGBTQ+ community, new parents, cancer patients, and survivors. The company is also planning to create support groups for employees, like new parents, cancer patients/survivors and fitness and lifestyle. Src: https://bit.ly/2EUOlgN

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35 votes

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Mahindra and Mahindra testified year on year weakening of its domestic sales by 11%

Mahindra & Mahindra reported a decline of 11% in its domestic sales which stood to 51,896 units for October 2019 as compared to 58,416 in the corresponding month of last year. On the complete domestic capacities, cars and vans along with the medium and heavy commercial vehicle (MHCV) segment reported the sharpest fall of 62% and 41% YoY respectively. Pawan Goenka, managing director Mahindra tweeted “I hope the retail momentum in October is an indicator of sentiment turning positive and will continue in coming months.” Src: https://bit.ly/2qepAIo

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