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Systech

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  • Business

Have India Inc's overseas buyouts worked?

Systech President Hemant Luthra was recently in Germany to check out the progress at Schoenweisse, a unit his company had acquired some time back. He will soon be off to visit another acquired......

Why investors love Mahindra & Mahindra

When Mahindra & Mahindra (M&M) sold a controlling stake in its automotive component business, Systech, to Spain's CIE Automotive last month, investors celebrated the deal by pushing the company's......

Auto parts cos drool over aviation, defence space

A week ago, the Mahindra & Mahindra group bought majority stakes in component firm Aerostaff Australia and aircraft maker Gippsland Aeronautics for Rs 175 crore (Rs 1.75 billion). Aerostaff......

M&M in share-swap deal with Spain's CIE

To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 crTractor and utility vehicle major Mahindra & Mahindra (M&M) has entered......

Mahindra chases Tata dream with small engine

Mahindra & Mahindra is developing a small engine for a smaller version of its UVs and replicate the Tatas dream of a small car, a company official said. The company is developing an engine with a......

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