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SYMC
Will SsangYong bankruptcy hurt M&M?INVESTMENT VALUE in Korean co has been reduced; drive to shut down loss-making ventures to improve returns and make a case for rerating23 Dec, 2020, 07.28 AM IST- JP Morgan demands loan repayment of 40 billion wons from SsangYongFollowing the Korean automaker's application for rehabilitation dated December 21, JP Morgan issued a notice to the cash-strapped firm dema...22 Dec, 2020, 10.34 PM IST
- Cash-strapped Korean automaker SsangYong Motor may default on KDB loans nowKDB may consider extending the maturity for these loans, but only on condition that SsangYong Motor, has cleared overdue loans to the forei...19 Dec, 2020, 07.28 AM IST
- Mahindra subsidiary SsangYong Motor defaults, in talks with financers to rejig loansSsangYong failed to repay the amount to bankers including JPMorgan Chase, BNP Paribas and Bank of America. Mahindra has put SsangYong on th...16 Dec, 2020, 11.46 AM IST
- M&M arm SsangYong Motor Co misses loan repayments worth around Rs 408 croreSYMC has outstanding loans of 60 billion KRW (around Rs 408 crore) from JP Morgan Chase Bank, 10 billion KRW (around Rs 68 crore) from BNP ...15 Dec, 2020, 11.38 AM IST
- Regulatory hurdles, valuation issues delays M&M’s exit from SsangyongThe Mahindra Ssangyong combine may have to resort to a one-time write-off of foreign investment, which could run into regulatory hurdles, p...29 Nov, 2020, 11.57 PM IST
- Global cos eyeing SsangYong stake as Mahindra looking to scale down role in loss-making bizSeveral global auto companies are said to be in the running for a minority stake in SsangYong Motor Co (SYMC), the ailing South Korean subs...10 Aug, 2020, 01.15 PM IST
- Jefferies has "underperform" rating on M&M, target price Rs 220The brokerage says rising losses and investments in subsidiaries are posing a large drag on financials.07 Apr, 2020, 01.53 PM IST
- Mahindra rejects plans to inject funds in SsangYongSsangYong and its labour union had sought a fresh injection of equity from M&M to help the company fund its $406 million (₹3,532 crore) of ...04 Apr, 2020, 09.24 AM IST
- Covid-19 impact: M&M drops plans of infusing $406 million in SsangYong Motor CompanySsangYong Motor Company and its labour union had sought fresh injection of equity from M&M to help the company fund its 500 billion KRW (US...03 Apr, 2020, 08.41 PM IST
- Mahindra & Mahindra raises Ssangyong stake to 74.6%The subscription has been done at a price of KRW (South Korean won) 4,205 per equity share aggregating KRW 50 billion, equivalent to around...17 Jan, 2019, 07.27 AM IST
- M&M hikes stake in Ssangyong Motor to 74.65%, picks shares worth Rs 316 croreIn response to offer of shares made by Ssangyong Motor Company (SYMC), the company has agreed to subscribe to 1,18,90,606 equity shares of ...16 Jan, 2019, 02.45 PM IST
- Why some of India Inc’s global deals have clicked and some have notAn India Brand Equity Foundation (IBEF) paper reveals that 2015-16 also saw some major overseas investments and acquisitions by Indian comp...17 Apr, 2016, 01.41 PM IST
- SsangYong launches compact SUV Tivoli; first all new vehicle after M&M takeoverConfident of its success, it has further committed 1 trillion won (or 915 million dollars) in the business for the coming three years.14 Jan, 2015, 05.53 AM IST
- Mahindra not to acquire Scooters India now: Pawan GoenkaMahindra & Mahindra said it has decided not to acquire over 95 pc stake in beleaguered PSU firm Scooters India at present, as it has "vario...11 Jul, 2011, 03.43 PM IST
- Mahindra & Mahindra to use 'Rise' as new brand positioningKeeping with its global ambition, homegrown farm equipment-to-software group Mahindra & Mahindra today said it will embark on a new brand p...17 Jan, 2011, 04.51 PM IST
- M&M scrip up 3 pc on Ssangyong deal in early tradeMahindra & Mahindra zoomed after the company announced it has signed a definitive agreement with Ssangyong to acquire 70% stake.23 Nov, 2010, 11.22 AM IST
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