Epic Update: Special Report

Epicresearch

Asha Soni
The board of Mahindra & Mahindra has given itsloss‐making truck subsidiary, Mahindra Navistar
Automotive Ltd (MNAL), three years to turnaround the business, after its US joint venture
partnerNavistar decided to sell off their stake inentity for Rs1.75bn.

Maruti Suzuki is exploring a foray into India's fastgrowing small commercial vehicle space.

Tata Group's jewellery brand Tanishq said it isconsidering launching a new collection targetted
at teenagers, for which it is conducting a pilotproject and a final decision will be taken by the
end of this financial year.

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