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Mahindra said that the XUV400 will be made available in 34 cities of the country in the first phase. It will try to deliver 20,000 units within a year, said the company.
The Scorpio Classic is powered by a 2.2-liter turbo diesel engine that produces 130 bhp of power and 300 Nm of torque. The vehicle has a 6-speed manual gearbox.
The much-awaited variant, which underwent trial runs in India and a few other countries, boasts key features like four-wheel drive, ALLGRIP PRO (4WD) and ladder frame chassis, among others.
Offered by banks, NBFCs, and other financial institutions, FDs are thus one of the most popular investment choices.
Mahindra said it got approval for the investment from the Maharashtra state government.
In a tweet, the finance ministry said the steps taken by the government has helped in bringing inflation below the RBI's tolerance level.
The Reserve Bank of India (RBI) will come out with its next bi-monthly policy review on December 7 at the end of the three-day meeting of the Monetary Policy Committee (MPC) beginning Monday.
Tree Tag, the startup founded by Abhijith Kumar Meenakumari and Aashuthosh B Sai as a result of their concerns regarding environmental issues.
In the first phase, the transactions will take place in Delhi, Mumbai, Bengaluru, and Bhubaneswar on December 1.
The first phase of e-rupee will begin with four banks -- SBI, ICICI Bank, Yes Bank and IDFC First Bank -- in 4 cities across the country. The second phase will cover 9 cities, including Kochi.