Mahindra restructures two-wheeler biz, gives VRS to 250 workers
Homegrown auto major Mahindra & Mahindra is restructuring its two-wheeler business after the division failed to meet its expectations and has given voluntary retirement scheme to 250 workers as part of the process.
Jul 06, 2016, 17:09 PM ISTMahindras to buy 51% in Peugeot Motocycles
Mahindra Two-Wheelers, a fringe player in the domestic market, Tuesday signed a pact to acquire 51 percent stake for euro 28 million (about 217 crore) in Peugeot Motocycles, part of the euro 54 billion French auto major PSA Group.
Oct 07, 2014, 22:36 PM IST