From AFX News Limited

MUMBAI -- India's Mahindra & Mahindra, which had decided to pull out of the race to buy Ford Motor Co.'s loss-making Jaguar and Land Rover brands mid-September, has now revived its interest, The Economic Times reported, citing unnamed industry sources.

Ford may welcome M&M's re-entry as a result of increasing pressure from unions and the U.K. government to involve more automotive companies instead of private equity players in the bidding process, the report said.

India's Tata Group are supposedly the front-runners in the bid, apart from private equity player One Equity.

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