It’s business as usual for M&M firms

Jun 14, 2010 |

New Delhi

It’s business as usual for the $7-billion-plus conglomerate Mahindra Group with the shares of flagship M&M spurting 4.5 per cent last week despite its chairman, Mr Keshub Mahindra, being sentenced by a Bhopal court for the Bhopal gas tragedy case.

Reflecting the confidence, analysts say Mr Anand Mahindra is capable of leading the group in the eventuality of his uncle Mr Keshub, who as non-executive chairman of Union Carbide India was handed over two years imprisonment for the tragedy, quits the post. — PTI

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