Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes. Ssangyong Motor Co (SYMC), the......

Why M&M will halt investment in SsangYong Motor

M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time. International revenues for most of the Mahindra......

Mahindra lays off two-thirds of staff at its North American subsidiary

Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency. IMAGE: Mahindra Automotive North......

Ford, Mahindra to scrap proposed JV

With the JV off the table, the duo will pursue independent strategies in the world’s fifth largest auto market. Mahindra and Mahindra’s (M&M) second stint with Ford Motor Co as a joint......

Spotted: Umpire Simon Taufel

Reader R Santhanam sent us this photograph. 'Hi, 'It was a surprise to see Simon Taufel at the ICC tournament in Singapore on the 6th of September. He welcomed every visitor for a photo......