Mahindra & Mahindra to sell stake in Swaraj Mazda

Mahindra & Mahindra to sell stake in Swaraj Mazda
Market sources claim that Mahindra & Mahindra is considering selling its stake in the commercial vehicle maker Swaraj Mazda.
Mahindra is said to be in talks with Japan’s Sumitomo Corporation for this deal.
They own a 14.04 per cent stake in Swaraj Mazda. They gained this stake [...]