A Leading Portal for China Auto Industry
Contact Us
Mahindra & Mahindra inked a pact to acquire 43.3% stake in Punjab Tractors at a value of Rs 360 per share, on Mar. 9, 2007.
The company, along with its subsidiary, Mahindra Holdings and Finance agreed to acquire the stake from Actis Group and the Investment companies of the Burman family, subject to the receipt of requisite approvals.
Punjab Tractors is a significant player in the tractor industry, having been in operation since 1974. Its `Swaraj` brand of tractors and farm equipment enjoy strong brand loyalty with customers.
Khaitan & Co. were the legal advisors to the company, while Wadia Ghandy advised the sellers on legal matters.
We deliver timely, professional China automotive news and commentaries, and authoritative interviews on global purchasers, suppliers, CEOs of consultation firms and aftermarket companies; focus on the industry dynamic news and markets!
China is formulating innovative development strategy on new energy and intelligent vehicles
Nanjing finances CH Auto 2 billion yuan to develop and market new energy vehicles
Dong Mingzhu may take over FAW’s shares in Xiali
FAW’s Hongqi Vows to be China’s most popular luxury brand
Borgward’s another personnel change: third senior executive leaves Borgward China
Changan names new chairman to lift sales
Borgward’s great personnel changes: Kevin Chen, Executive Vice President of Borgward China likely to resign
China may loosen restrictions on foreign investment in NEV industry
HAVAL cuts prices largely once again to win market share
Pickup Operation Certificate will be cancelled in Domestic Market and Favorable Policies will be Released
Shanghai releases fuel cell vehicles plan
Baidu announces Apollo 1.5, more partners
Needle Bearing Shortage of Schaeffler’s Supplier Likely to Affect the Production of over 200 Models
Tencent and GAC signed strategic cooperation agreement to develop connected vehicles
China Aug. PV Market Sales Analysis
Audi and FAW said to establish a mobility service company, shadowing SAIC-Audi cooperation
Gree said to be a shareholder of FAW Xiali
Chery intensively launch SUV and other new models in 2018
The General Administration of Quality Supervision, Inspection and Quarantine is drafting China Brand Development Strategy
PGW Jinjing Successfully Enter China's Auto Glass Replacement Market
About Gasgoo| Contact Us| Site Map| Advertise| Terms of Use| Privacy Statement| Friendship Links
Hot Auto Products| e-Catalog| Auto Products Directory| Auto Parts Manufacturers|
Gasgoo Site: Automotive News| 中文站| 汽车资讯| 出口供应商| 汽车社区|
Copyright Notice © 2016 Gasgoo.com Corporation and its licensors. All rights reserved.
