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Cie Automotive

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  • Business

M&M in share-swap deal with Spain's CIE

To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 crTractor and utility vehicle major Mahindra & Mahindra (M&M) has entered......

Why investors love Mahindra & Mahindra

When Mahindra & Mahindra (M&M) sold a controlling stake in its automotive component business, Systech, to Spain's CIE Automotive last month, investors celebrated the deal by pushing the company's......

Mercedes Benz classics take over Mumbai's streets!

The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view. IMAGE: The......

Sooooo Many Mercedes-Benz Cars!

What do you get when you roll out 81 supremely beautiful Mercedes-Benz gadis in one go? The tenth edition of the Mumbai Mercedes-Benz Classic Car Rally. Sooooo many classic Mercedes-Benz cars all......

Markets end tad higher after late-recovery

Markets reversed early losses shrugging off RBI's neutral stance on key policy rates to end near the day's high led by gains in index heavyweights and Mahindra & Mahindra. The Sensex after touching......

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