The money will be used to develop products jointly.
Last 20 yrs have seen 4 JVs ending prematurely. What does this mean?
The mishap took place on Friday morning when the victims were returning from Shukartal after attending a cremation ceremony, they said.
The accident occurred at 5 pm between Kanhan and Dongri Khurd, about 30 km from Nagpur.
Tractor and Farm Equipment Ltd will acquire the tractors, engines and gears divisions of Eicher Motors for Rs 310 crore (Rs 3.1 billion). The all-cash deal will be signed over the next 2-3 weeks.