India's leading automaker Mahindra and Mahindra Limited (M&M) announced setting up of a Joint Venture (JV) with Sri Lanka-based Ideal Motors Private Limited (Ideal) for … M&M's investment in the JV would amount to Sri Lankan Rupee LKR25cr (Rs10.41cr, assuming the rate of Rs0.42/LKR).
India’s leading automaker, Mahindra and Mahindra Limited (M&M) announced setting up of a Joint Venture (JV) with Sri Lankan company, Ideal Motors Private Limited (Ideal) for assembling of its vehicles in Sri Lanka. M&M will subscribe up to 35% equity stake in the JV with remaining stake held by …
ECONOMYNEXT – C W Mackie PLC, the Sri Lankan partner of Denmark’s Co-Ro A/S, has struck a joint venture deal with the Danish provider of …
A group of Sri Lankan visitors at the new deep water shipping port watch Chinese dredging ships work in Hambantota, 240km (149 miles) southeast of …