Mahindra's South Korean arm SsangYong Motor files for bankruptcy

Mahindra & Mahindra (M&M) on Monday said its loss-making South Korean arm SsangYong Motor Company (SYMC) has filed for bankruptcy. The SYMC has filed an application for commencement of......

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......

Mahindra lists factors that can boost investment in India

The Indian economy is beginning to show signs of recovery but for investments to start flowing, new projects will have to be started, according to Mahindra Group Chairman and Managing Director......

Ssangyong launches compact SUV Tivoli, to invest $920mn in 3 yrs

The vehicle is the first product from the SSangyong stable after M&M acquired 70% stake in 2011. Ssangyong Motor Company, a subsidiary of India's Mahindra & Mahindra,on Tuesday launched its first......