UPDATE 1-Mahindra to buy stake in electric car firm -source

Newswire

* Deal will mark Mahindra's entry into electric cars * Reva has agreement with GM India to make electric cars (Adds details , background, analyst quotes) MUMBAI, May 26 (Reuters) - India's leading utility vehicle maker, Mahindra & Mahindra , is set to announce on Wednesday it is buying a stake in an electric car company, a source with direct knowledge of the matter said on Wednesday. Mahindra, also India's largest tractor maker, will make an announcement at 11:45 a.m. (0615 GMT) in ...

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