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......
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......
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......
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 & 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......