Word: mahindra
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Russell C. Mason ’10 had another perspective. Getting his job at Mahindra and Mahindra in Mumbai, India required a specific approach. “All domestic jobs have a very structured way of hiring,” says Mason. “With Mohindra, it had a unique style of interviewing. From there, it took a couple months of courting, and that’s much less than a standardized process.” In Mason’s experience, comparing the international process with the domestic one was much like “comparing apples...
Asia is a tougher row to hoe. The company opened a factory in Pune, India, in 2001 and has several operations and joint ventures in China. But the Indian tractor maker Mahindra & Mahindra has also begun selling its wares - less sophisticated but cheaper - in the U.S. "If Deere is making the Lexus or Mercedes of farm equipment, Mahindra is making Hyundai quality," Tiss says...
...filed charges in court, and trials are likely to begin soon. Raju's lawyer, S. Bharat Kumar, was not available for comment. A spokesman for Satyam, which was purchased by the software arm of Mumbai-based auto conglomerate Mahindra & Mahindra earlier this year, declined comment, saying we haven't seen the charge sheet...
...unclear whether Satyam's new owner, Tech Mahindra, will benefit as assets are identified and recovered. Tech Mahindra bought a 47.2% stake in the tainted company for $600 million in a government auction in April. If the fraud money reappears as assets in the name of the company, its good news for Tech Mahindra, which paid a huge sum for Satyam and its liabilities, says Suresh Talwar, partner at Mumbai-based law firm Talwar Thakore & Associates, Satyam's corporate counsel until 2006. It could be a bonanza for shareholders, too, in the form of dividends or bonus shares, he says...
...Ford needs to be more aggressive in the India car market, which is expected to grow 10% this year. One of the first foreign car makers to set up shop in the country, Ford in 1996 established a joint venture with domestic vehicle manufacturer Mahindra & Mahindra. But 13 years later, it sells just 2,000 vehicles a month in India in the compact and mid-size car segments, according to the New Delhi-based Society of Indian Automobile Manufacturers. India's biggest car company, Suzuki India, sells 57,000 cars a month in the same segments; Hyundai sells...