Mahindra & Mahindra (M&M) have acquired 58.96% controlling interest in SML Isuzu with a total investment of INR 555 Crore. SML Isuzu Ltd. is renamed ‘SML Mahindra Limited’ after approval of the regulations. In April 2025, M&M concluded an agreement to acquire a share interest of 58.96% in SML against RS 650 per share, which […]
The sale of domestic passenger vehicles rose by around 1%in July, which marked a slight recovery after two consecutive months of decline, in the midst of continuing slow consumer demand. Companies are cautiously optimistic that sales will continue to accelerate during the coming festive season, starting with Onam in August. No fewer than 348,000 cars, […]