Tag: Anand Mahindra

Maharasthra govt approves Rs 1,900 crore tourism project of Mahindra

Mahindra Group is to develop a Bollywood theme-based tourism project in Kandivali area of Mumbai with an investment of Rs 1,900 crore. The proposal is approved by the Maharashtra government through a Government Resolution (GR). The project will be developed on 82,950.5 sqm area belonging to the Mahindra Group on its plot in suburban Kandivali. A high-powered government committee had earlier this year accorded it in the ultra-mega project status. As per the state tourism policy of 2016, an ultra-mega project would require a capital investment of Rs 500 crore and to employ 750 people and complete it in 84 ... Read more

Are we going to have a Desi version of Facebook?

For the past couple of days, facebook has been in the limelight for all the wrong reasons, putting scores of people in fear and doubt about the data breach. In response to the Facebook-Cambridge Analytica data breach controversy, Mahindra Group chairman Anand Mahindra has called for Indian Startups to find an alternative of Facebook – a Desi version of the social networking site. “Beginning to wonder if it’s time to consider having our own social networking company that is very widely owned and professionally managed and willingly,” he tweeted. Mahindra even announced that he is ready to “assist with seed capital” ... Read more