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Mahindra India sells its stakes in Zoomcar, Inc
On January 6, Mahindra & Mahindra announced about the completion of the merger between Zoomcar, Inc., Innovative International Acquisition Corp., (IOAC), and others. Under the merger, IOAC has been renamed Zoomcar Holdings, Inc. Zoomcar, Inc. has ceased to be an associate of the company and Mahindra will receive 1.04....
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