Mahindra &Mahindra, President (Automotive and Farm Equipment Sectors), Pawan Goenka getting candid about the company’s merger and acquisition policy, said that any firm which passes a three-point test is eligible to be acquired. When Nabeel A. Khan steered his attention towards the proposedEUFTA, stepping up ante, he asserted that the agreement gives unfair advantage to one set of companies while many manufacturers from other countries have invested in India. If the advantage is being given to car makers from EU then other should also be give same opportunity.
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