Business

CCI Approves Formation Of Joint Venture Between Mahindra & Mahindra And Ford Motor

Bengaluru, NFAPost News Service: The Competition Commission of India (CCI) approves formation of a joint venture between Mahindra & Mahindra and Ford Motor and the transfer of the automotive business of Ford India to the joint venture. The proposed combination envisages the formation of a joint venture, namely Ardour Automotive Private Limited, between Mahindra and Mahindra Limited (M&M)…
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Business

London Court To Decide Mallya's Fate This Week

Bengaluru, NFAPost News Service: After India began proceedings for more than three years, the London High Court would pronounce its final verdict in Vijay Mallya extradition case in next three days. If the verdict goes against Mallya, then he will be brought back to India…