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Mahindra, India, denies rumour of demerger of auto and tractor businesses
On October 9, Mahindra & Mahindra Ltd. (M&M), in a stock exchange filing, denied the media reports of a demerger of the Auto and Tractor businesses. It has no plan for a demerger; M&M has clarified this in the past and maintains that it sees much greater value from synergies by keeping these businesses within the M&M....
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