You are here: Home » Companies » News
Wistron sees no major impact of Karnataka plant vandalisation on company
Nayar elevated as KKR chairman, Trehan to head India PE business
Business Standard

Mahindra's Korean subsidiary Ssangyong Motor files for bankruptcy

Move comes a week after the troubled automaker defaulted on a loan repayment to JP Morgan

Topics
SsangYong | Bankruptcy | Mahindra

Shally Seth Mohile  |  Mumbai 



Ssangyong
SYMC has also applied for an Autonomous Restructuring Support (ARS) programme which is a court-designed process

Motor Company (SYMC), the South Korean subsidiary of and (M&M), on Monday informed the Korean Stock Exchange regarding the commencement of the rehabilitation procedure with the Seoul Court, M&M said in a notification to the stock exchanges.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, December 21 2020. 16:14 IST

RECOMMENDED FOR YOU

.