Mahindra & Mahindra Ltd. has declared a substantial ₹12,000 crore (US$1.5 billion) investment in Mahindra Electric Automobile Limited (MEAL), a new company. MEAL will concentrate on the creation and manufacturing…
Mahindra & Mahindra has inked a binding pact with Temasek, a Singapore-based global investment firm. As per the pact, Temasek will invest Rs 1,200 crore into MEAL (Mahindra Electric Automobile…