Mahindra says there is no plan for demerger of auto & tractor businesses

Mahindra Group clarified that it has no plans to demerge its auto and tractor businesses, countering recent media reports. The company stated it values the synergies from keeping these units within the Mahindra & Mahindra entity, despite earlier speculation about separating tractors, passenger vehicles, and trucks into independent entities.

from Auto-Industry-Economic Times https://ift.tt/luqz6A5