Mahindra-SML deal: M&M acquires 58.96% in SML Isuzu for Rs 555...

Dununu.com Dununu

Спонсоры

Mahindra-SML deal: M&M acquires 58.96% in SML Isuzu for Rs 555 crore, renames it SML Mahindra

RSS Feed Business

Сообщение

94

Mahindra & Mahindra has finalized its acquisition of a 58.96% controlling stake in SML Isuzu for Rs 555 crore, renaming it 'SML Mahindra Ltd.' This move aims to significantly expand M&M's presence in the >3.5-tonne commercial vehicle category, targeting a market share increase to 6% immediately and a long-term goal of over 20% by FY36.

Read Full Article

Войдите, чтобы отмечать, делиться и комментировать!

Tiger population tells success of India’s wildlife conservation story but challenges remain

От 0 2

Cooperative taxi launch: ‘Bharat’ service to rival Ola, Uber; app rollout by December

India's cooperative sector is set to launch 'Bharat,' a new taxi service, by the end of 2025 to...

От 0 16

When Neena's controversial song sold 1 CRORE cassettes

Neena Gupta, a Bollywood actress, defied social norms by becoming a single mother in the 1980s....

От 0 20

Watch: Rs 422-crore Patna double-deck flyover sinks after heavy rainfall; structure was inaugurated just 2 months ago

От 0 25

IND vs ENG: Joe Root equals Sunil Gavaskar, breaks multiple records in The Oval masterclass vs India

Joe Root's magnificent 39th Test century propelled England closer to their target against India...

От 0 27