Mahindra & Mahindra Financial Services announced that the Reserve Bank of India (RBI) has directed the Company to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders. However, the Company may continue to carry out recovery or repossession activities, through its own employees. In the normal course of its business, the Company repossesses about 4000 to 5000 vehicles per […]
This facility will be the latest addition to the existing manufacturing facilities at Kolkata, Visakhapatnam, and Mehsana.
The domestic equity benchmarks ended near the days low after a weak session on Friday. The Nifty closed below the 17,350 mark. Shares across sectors declined with banks, financials, auto and realty shares falling the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, dropped 1020.80 points or 1.73% to 58,098.92. The Nifty 50 index tumbled 302.45 points or 1.72% to […]
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