October 6th, 2017Mahindra & Mahindra, the sole maker of electric cars says the bid by rival Tata Motors which it bid in the contract with Energy Efficiency Services (EESL) is too low.
“We find the price (quoted by Tata Motors) hard to comprehend,” Mahindra managing director Pawan Goenka said.
Last week, Tata Motors offered to supply the...
October 5th, 2017State run Energy Efficiency Services (EESL) on Wednesday said that Mahindra & Mahindra has matched the Tata Motor's lowest bid price to supply 150 electric vehicles.
The stocks of Mahindra & Mahindra shot up by 2% as soon as the it grabbed the deal.
"Post the tender opening, Tata Motors had emerged as the lowest bidder and...
