Mahindra & Mahindra

Mahindra, the Indian conglomerate with a $ 19 billion turnover for the past financial year, is back in Bulgaria. The company presented yesterday two SUV models that will be sold in Bulgaria - one with compact size for the city and one with seven seats.

Ford Motor and India's Mahindra Group have announced they will work together in a fresh partnership as the U.S. giant looks to boost its presence in one of the world's fastest growing auto markets.

The two, who parted ways from a tie-up in 2005, will co-operate for three years on a number of areas including electric vehicles and sourcing.

Mahindra & Mahindra Ltd, a part of the $17.8 billion Mahindra Group, has announced it acquired a majority stake in Hisarlar, a farm equipment company based in Turkey, in a bid to expand into the Turkish and European markets.