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Recent Current Affairs related to Mahindra

5 News
22 August 2026 AWARDS

The Ministry of Corporate Affairs (MCA) has organised the “PMIS Industry Awards 2026” in New Delhi to recognize partner companies participating in the Prime Minister Internship Scheme (PMIS). Mahindra & Mahindra Ltd was named the “Overall Industry Champion” during the ceremony.

HDFC Bank was conferred the “Pre-Internship Excellence Award”, and Shriram Finance Ltd received the “Internship Management Excellence Award”. Additionally, IBM India Pvt Ltd was recognized for “Innovation in Program Implementation”, while Power Grid Corporation of India Ltd (POWERGRID) was honoured for “Innovation in Exit Pathways”.

21 August 2026 BANKING

Somanath Panicker, the former Chairman of the ISRO, has been appointed as a part-time, non-official director on the Central Board of the RBI) for 4 years, starting August 20, 2026. Anand Mahindra has also been re-appointed to the board for another 4 years.

It is to be noted that other non-official directors on the board include Venu Srinivasan (Chairman Emeritus of TVS Motor Company), Pankaj Ramanbhai Patel (Chairman of Zydus Lifesciences), and Dr Ravindra H Dholakia.

22 June 2026 AGREEMENTS

Mahindra & Mahindra Ltd and SML Mahindra have signed an MoU with the Ministry of Road Transport and Highways (MoRTH) to participate in the government’s fleet modernisation initiative.

The programme aims to replace aging commercial vehicles in the Delhi-NCR region to curb air pollution by offering manufacturing discounts. Mahindra joins other manufacturers like Tata Motors, Ashok Leyland, and Switch Mobility in this initiative.

10 June 2026 BUSINESS

The Ministry of Corporate Affairs (MCA) has approved the incorporation of Mahindra Manulife Insurance Ltd (MMIL). It is a 50:50 life insurance joint venture between the Mahindra Group (India) and the Manulife Financial Corporation (MFC) (Canada).

The venture aims to provide AI-native and digitally-led insurance solutions across rural, semi-urban, and urban India, aligning with the vision of “Insurance for All”.

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