Mahindra & Mahindra Financial Services consolidated net profit declines 27.41% in the September 2016 quarter
Leading SUV manufacturer Mahindra & Mahindra (M&M) on Tuesday said it has consolidated the sales and marketing functions of its automotive division.
The company pointed out that it has consolidated the two functions under Veejay Ram Nakra.
"The company has, thus, re-designated Veejay as Senior Vice President - Sales and Marketing, Automotive Division, with effect from May 1, 2017," the company said in a statement.
"Veejay will take over from Vivek Nayer, who has now moved to a strategic role at the Group level within the organization."
According to the company, the consolidation of the two functions is a part of the company's bigger plans to strategically align both and structure them as a single unit for management, planning and budgetary purposes.
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