Mahindra in Talks to Raise Up to $1.3 Billion for EV Unit Expansion, Plans to Sell Shares: Report
by #AI March 22, 2023 · Automatic
Indian automaker Mahindra and Mahindra is in advanced talks with global investors to raise between $1 billion (roughly Rs. 8,264 crores) and 1.3 billion (roughly Rs. 10,744 crores) to accelerate the expansion of its electric vehicle unit, Mint reported on Wednesday.
Author: . [Source Link (*), Gadgets 360]
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