Kinetic motors to form a joint venture with Mahindra & Mahindra for manufacturing two wheelers. Kinetic motors have been going under losses for quite a few years now. This quarter they incurred a net loss of INR 18 crore which is marginally less than the last quadrant of the previous year which is INR 19.75 crore. The Mumbai based auto major has been in talks with kinetic motors for quite [ Read More ]
