Mahindra is trying to cover up the loss at Peugeot which stands at Rs. 1735 crores by getting rid of 1/5th of the workforce. Mahindra owns a 51% stake in Peugeot, since its takeover in 2015 for Rs. 216 crores. The company offers 2 and 3-wheelers varying from 50cc to 400cc engines. These are sold … Read More
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