Mahindra, which operates globally in 10 sectors including aerospace, farm equipment and financial services, already has invested $1 billion in the United States, where it has 3,000 employees.
Nelson Peltz’s Trian Fund Management began a proxy fight to win a board seat at Procter & Gamble Co., saying the consumer-products company’s stock has underperformed peers because of P&G’s “slow-moving and insular...
While GE has good individual business units, the company is facing weakness in many of its end markets, including power generation, oil and health care, JPMorgan Chase & Co. said.
Volvo Car Group will introduce five electric models by 2021 and offer hybrid options across its product line.
The partnership will add to Renault’s operations in a market where competitors have a bigger presence.