Home-grown auto maker Mahindra & Mahindra today opened an all-in-one dealership in Dahod district of Gujarat that will focus on vehicles sales, service and spares supply in the entire region, as part of the strategy to expand its retail presence across Western region.

The new dealership will take care of the Mahindra's vehicles sales, service and spares supply in the entire district, the company said.

Mumbai: Shares in Mahindra and Mahindra Ltd fell as much as 4.8% on Thursday morning after 11.82 million shares changed hands in 24 block deals on BSE, according to Thomson Reuters data shows.

The block deals happened at an average price of Rs.1,162.24 per share, Thomson Reuters calculation shows. Shares are also pressured by the stock going ex-dividend on Thursday after earlier paying Rs.14 apiece.

Benchmark share indices weakened in noon trades on Monday with index heavyweights dragging the Sensex below 25,000 even as sugar stocks rallied on reports of sharp hike in import duty.

MUMBAI: Automobile makers in India have lined up more than Rs 10,000 crore of investment to develop new passenger vehicles and soup up existing ones despite a slowdown in sales, as they strive to meet changing customer demands in a market where products become outdated fast, according to industry executives.

Companies such as Mahindra & Mahindra, Tata Motors, Maruti SuzukiBSE 0.56 % as well as the local units of Hyundai Motor, Renault and Nissan Motor are working on all-new platforms to bring out new products.

Software exports from Odisha has touched about Rs 2,400 crore in 2013-14, an increase of 23.4 per cent over the previous fiscal, according to the provisional data compiled by Software Technology Parks of India (STPI).

IT units in the state had exported Rs 1,945 crore in 2012-13, including Rs 1,705 crore by the STPI registered units.

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