The funds will be used for Ajmera Manhattan, a residential project in Mumbai's Wadala area, and to partially partial prepay GCP loan taken from HDFC
Riding high on a 20.32% jump in its total sales, which stood at 41,506 units in October 2011, auto-maker Mahindra & Mahindra says the numbers are no odd event. In an interview to CNBC-TV18, Vivek Nayer, senior vice president at M&M says the company's 'strong' product pipeline promises a brighter future.