Mahindra Kickstarts Use Of Internet-Of-Things For Its Trucks, Tractors

Mahindra Group, India’s largest maker of tractors, has kickstarted an Internet-of-Things (IoT) project to place sensors in its trucks and tractors to predict potential breakdowns, as the auto-to-defence conglomerate seeks to ride the wave of technological disruption.

FirstCry Acquires BabyOye; Raises $34 Mn

Online baby products retailer FirstCry has agreed to acquire auto-to-software conglomerate Mahindra & Mahindra Ltd’s baby-care business BabyOye in a cash-and-stock deal that will help it consolidate its presence in the growing segment through an omni-channel strategy.