Japanese companies Honda and Nissan plan to merge operations in response to tough business challenges, potentially affecting their global and Indian m

The new entity will have a combined market cap of $50 billion. It is expected to have a revenue of $191 billion and profit of $19 billion. Mitsubishi Motors Corp., a smaller player which has Nissan as a majority shareholder,

The merger could help Honda and Nissan could integrate management resources, and technologies, and create deeper synergies