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Kinetic Motor Co Ltd

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10% pie sold to Citicorp: Kinetic Motor

Kinetic Motor has sold a 10% stake to Citicorp Finance. The company will issue non-convertible and fully convertible debentures of up to Rs 94 crore (Rs 940 million) to Citicorp. Sulajja Motwani,......

M&M starts work on electric two-wheelers

Mahindra & Mahindra, the country's leading utility vehicles maker that forayed into the two-wheeler sector last year, is now busy working on coming up with an electric variant around the end of......

Car sales up 16.34% in Oct

Passenger cars and motorcycles sales continued to draw double-digit growth during October this year at 16.34 per cent and 13.16 per cent respectively.According to figures released by the Society of......

M&M rides into 2-wheeler market

Mahindra & Mahindra (M&M), India's largest tractor and utility vehicle maker, on Tuesday said it would buy the business assets of loss-making scooter maker Kinetic Motor Company for Rs 110 crore to......

Auto exports zoom 56% in FY04

Exports of Made in India vehicles went up by a whopping 56 per cent during the last fiscal as cars, commercial vehicles and two-wheelers continued to charm overseas buyers.A total of 479,000 units......

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