Mahindra & Mahindra to consolidate its foreign assets; Looks to forego loss making subsidiaries
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Mahindra and Mahindra, an automobile manufacturing giant which had earlier gone on a shopping spree of foreign entities is now looking to consolidate its assets. It has said that the company is returning to its earlier capital allocation police. India’s larges tracker maker has now started a consolidation drive. It is exiting from its foreign subsidiaries which were reaping losses, and will only maintain assets which have an ROI higher than 18%. Find out what prompted the company to change course, with the new strategy being led by Anish Shah, who is taking over the company’s top leadership Watch this video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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