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India

Mahindra Group announces merger of two-wheeler business

Mahindra & Mahindra announced on October 25 that the National Company Law Tribunal has approved the Scheme of Arrangement between Mahindra Two Wheelers Limited ('MTWL') and Mahindra & Mahindra Limited ('the Company') and their respective Shareholders and Creditors.
In October 2016, Mahindra & Mahindra had slowed down....

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