Firodias looking to exit minority stake in Mahindra Two Wheelers, in talks with PE firms

Firodias-promoted Kinetic Motor Co Ltd is looking to exit its two-wheeler joint venture with Mahindras by selling its entire holding of 11.5 per cent in Mahindra Two Wheelers Ltd, sources close to the development told VCCircle. Mahindra & Mahindra Ltd (M&M) owns 88.5 per cent in the JV after acquiring ......