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Banks Must Focus More On Customers, Says Kpmg

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Mitsubishi Motors Corporation (MMC) and Mahindra & Mahindra (M&M), in a joint statement have clarified that MMC has not received any partnership proposals from M&M other than the existing technical tie-up for manufacturing Voyager in India. They have also clarified that the existing tie-up for Voyager continues as before. In a joint press communique, the

two companies stated, "as such, it is wrong to say that MMC has rejected Mahindra's proposals, as no such proposals were ever made by M&M". AR the royalty payments with regard to Voyager Iare being made as scheduled. "Both MMC and M&M would like to express their complete satisfaction with the existing amicable relationship between the two companies. 'Mey both intend to work together to further the success of the Voyager project," the statement added.

 

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First Published: Jul 20 1999 | 12:00 AM IST

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