Business Standard

Page 2 - Anand Mahindra

2021 will be year of reinvention and regeneration: Anand Mahindra

Mahindra group has emerged stronger from the COVID-19 crisis and the 'strange & sinister year' 2020 will be transformed into a year of 'reinvention & regeneration' in 2021, according to the chairman of the conglomerate, Anand Mahindra. In his New Year address to the 2.56 lakh employees of the group across 100 countries, Mahindra said in spite of all the problems brought about by the pandemic last year, "someunexpectedly great things had emerged from what seemed like an impossibly bad situation". Drawing parallels to the development of COVID-19 vaccines, in which researchers and regulators have fast-tracked the vaccine development process to 10 months which otherwise takes 10 years, he said there are lessons for the group to learn from it in terms of following purpose-driven business, rebooting and re-evaluating. "I thinkthe first important learning from that story is that the day of the purpose-driven business has arrived," he said adding manufacturing the vaccine is a true ...

2021 will be year of reinvention and regeneration: Anand Mahindra
Updated On : 04 Jan 2021 | 3:53 PM IST

E-learning firm AhaGuru raises funds led by Anand Mahindra's family office

Several of AhaGuru's students have done well in competitive exams, says the release

E-learning firm AhaGuru raises funds led by Anand Mahindra's family office
Updated On : 22 Oct 2020 | 8:27 PM IST

Anand Mahindra joins other investors to back robotics start-up Genrobotics

Kerala-based enterprise has been working to eradicate manual scavenging, raises Rs 2.5 cr in pre Series A round

Anand Mahindra joins other investors to back robotics start-up Genrobotics
Updated On : 07 Oct 2020 | 6:51 PM IST

Build systems for space sector growth with private presence: Anand Mahindra

Says global space sector is expected to touch $3.3 trn by 2045, India's share is currently miniscule

Build systems for space sector growth with private presence: Anand Mahindra
Updated On : 20 Aug 2020 | 10:40 PM IST

Anand Mahindra, global CEOs endorse plan to build better economic system

The global CEOs include Ajay Banga (Mastercard), Alan Murray (Fortune Media), Dan Hendrix (Interface), Dylan Taylor (Voyager Space Holdings), Emmanuel Faber (Danone) and Feike Sijbesma (DSM)

Anand Mahindra, global CEOs endorse plan to build better economic system
Updated On : 11 Aug 2020 | 8:30 PM IST

I am optimistic that history will indeed repeat itself: Anand Mahindra

"Life has led us full circle," said Mahindra, alluding to 2002

I am optimistic that history will indeed repeat itself: Anand Mahindra
Updated On : 07 Aug 2020 | 10:25 PM IST

We will continue investing in successful biz for the future: Anand Mahindra

The Covid-19 crisis, however, has given us an opportunity to reboot our thinking, to reinvent our approach and to recommit ourselves to our financial goals"

We will continue investing in successful biz for the future: Anand Mahindra
Updated On : 07 Aug 2020 | 7:57 PM IST

Mahindra resets its playbook for international business ventures

'We will fail faster, if we have to,' says chairman Anand Mahindra as international revenues for most group business ventures grow or dwindle

Mahindra resets its playbook for international business ventures
Updated On : 20 Jul 2020 | 9:03 AM IST

Amit Raje joins Mahindra Group as EVP for partnerships and alliances

Raje's appointment comes weeks after the Anand Mahindra-led firm announced that it will exit from loss making subsidiaries and entities

Amit Raje joins Mahindra Group as EVP for partnerships and alliances
Updated On : 02 Jul 2020 | 4:21 PM IST

These techies built a social media start-up from their college hostel room

A day after Mahindra Group chairman Anand Mahindra committed an investment of $1 mn in social media start-up Hapramp, its creative social media app GoSocial saw unprecedented traffic due to which the

These techies built a social media start-up from their college hostel room
Updated On : 23 Jun 2020 | 7:02 PM IST

M&M plans to exit loss-making international subsidiaries in a year

The move is prompted by the steep impairment loss reported by the consolidated entity as SsangYong Motor (SYMC), its Korean subsidiary, and Genzee, its two-wheeler entity in the US, turned in losses.

M&M plans to exit loss-making international subsidiaries in a year
Updated On : 13 Jun 2020 | 1:41 AM IST

Anand Mahindra invests $1 million in social network start-up Hapramp

The firm is working on the biggest social media challenges: user privacy, data security, and fair content monetization.

Anand Mahindra invests $1 million in social network start-up Hapramp
Updated On : 10 Jun 2020 | 3:42 PM IST

Lockdown extensions economically disastrous, says Anand Mahindra

While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.

Lockdown extensions economically disastrous, says Anand Mahindra
Updated On : 26 May 2020 | 3:00 AM IST

Tour of Duty: Anand Mahindra may recruit those who serve in Army for 3 yrs

This proposal is part of the Indian Army's efforts to attract the best talents of the country into its fold

Tour of Duty: Anand Mahindra may recruit those who serve in Army for 3 yrs
Updated On : 16 May 2020 | 2:05 PM IST

Big names in Indian philanthropy team up to respond to climate change

Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development

Big names in Indian philanthropy team up to respond to climate change
Updated On : 09 May 2020 | 3:27 PM IST

India Inc wants govt to shift focus to economy amid Covid-19 outbreak

CEOs warn of economic depression, say need to work within new normal

India Inc wants govt to shift focus to economy amid Covid-19 outbreak
Updated On : 29 Apr 2020 | 9:39 AM IST

Reliance Jio connects with Facebook for $5.7-billion equity deal

Investment values Jio Platforms at Rs 4.36 trn; US giant gets 9.99% stake, board seat; collaboration is non-exclusive

Reliance Jio connects with Facebook for $5.7-billion equity deal
Updated On : 23 Apr 2020 | 7:22 AM IST

Competitors join hands to tide over supply-chain challenges amid lockdown

Towards the end of last week, at least three such tie-ups were announced

Competitors join hands to tide over supply-chain challenges amid lockdown
Updated On : 06 Apr 2020 | 10:49 AM IST

Family businesses: Time to stand up

Taking care of people and communities in times of crisis can offer a brand or company many long-term benefits

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Updated On : 31 Mar 2020 | 11:02 PM IST

Coronavirus pandemic to leave behind a global recession: Anand Mahindra

The coronavirus pandemic will leave behind a global recession with small businesses, self-employed and daily wagers taking the worst hit, Mahindra Group Chairman Anand Mahindra said on Thursday. "The virus will eventually be conquered, but it will have left behind a global recession. The costs of that are incalculably high at this time. The most fearsome toll will be on small businesses, the self-employed & those whose lives depend on meagre daily wages," Mahindra said in a tweet. Apart from the toll on lives, the legacy of Covid-19 may well be deaths due to stress, loss of livelihoods, a rise in homelessness and in extreme situations, civil unrest, he added. "The only global experience that has lessons for us in the current situation is the last world war. In the aftermath of WW2, the US came up with the Marshall plan to revive Europe, effectively a giant fiscal pump-priming," Mahindra said. In the US, the government dramatically dismantled regulations and opened up the economy ..

Coronavirus pandemic to leave behind a global recession: Anand Mahindra
Updated On : 19 Mar 2020 | 9:37 PM IST