Mahindra Group chairperson Anand Mahindra on Monday congratulated the new leaders after the conglomerate announced a shuffle in the leadership in Mahindra Logistics.“New Leaders… But old hands at leadership…. Congratulations, Hemant, Veejay, Velu. May you continue to Rise! [sic],” he said in a post on X.Leadership overhaul at Mahindra GroupMahindra Group on Monday appointed Hemant Sikka managing director and chief executive of Mahindra Logistics Ltd (MLL). Sikka had been the president of the farm equipment business since 2020.“Hemant is one of our top leaders and brings with him a powerful combination of strategic skills, operational rigour, customer centricity and people leadership capabilities,” the Mumbai-based auto giant said in a statement.Sikka will take over as the MD and CEO from May 5.Also Read | Hemant Sikka appointed MD & CEO of Mahindra LogisticsThe current CEO, Ram Swaminathan, has decided to step down to pursue other professional interests, the statement said.In place of Sikka, president of the automotive division Veejay Neekra will take over as president of the farm equipment business, which the company recognises as one of the largest and profitable businesses with a return on capital employed over 60 per cent.“There is a huge opportunity for us to grow the business profitably through tractors, farm machinery, and globalization,” the company said in its statement.Both of them will continue to report to M&M Executive Director and CEO (Auto and Farm Sector) Rajesh Jejurikar.To replace Neekra, the company has appointed R. Veluswamy, president of automotive technology and product development, as the president of the automotive business. As part of the reshuffle, the company is also bringing the SUV and LCV business under one leader of the automotive business.Also Read | Anand Mahindra advocates for Shenzhen-like city in India; netizens: ‘Noida is…’Mahindra Logistics narrows net loss in Q4Mahindra Logistics reported a smaller quarterly loss on Monday for the quarter ended March 31, helped by growth in its key contract logistics division and a narrower loss in its express commerce segment.It reported a consolidated net loss of ₹6.75 crore in the fourth quarter of FY25.The company reported 67 per cent year-on-year jump in standalone profit after tax (PAT) to ₹13.12 crore in three months to March over the same period last year.Also Read | Tech Mahindra banks on growth from new consulting and GCC unitsFor the full fiscal 2024-25, standalone PAT declined 30 per cent to ₹43.50 crore from ₹61.98 crore in FY24 while revenue for the April-March period of last fiscal stood at ₹5,013 crore from ₹4,530 crore, a growth of 10 per cent year-on-year, in the same period year-ago, the company said. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Anand Mahindra applauds ‘Hemant, Veejay, Velu’ from Mahindra Logistics, recognizing them as ‘new leaders, yet experienced veterans’.
