Mahindra to sell China tractor business for â¹78 crore 
Mahindra and Mahindra on Friday said it will exit from its China joint venture for tractor business, Mahindra Yueda Yancheng Tractor Company, by selling its entire stake for about â¹78 crore. The group is reportedly planning to operate independently in China. Mahindra and Mahindra, which holds 51% stake in the joint venture, is selling its stake to three companies.