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Mahindra, India revises BII investment in MEAL to INR 18.5 billion
On December 30, Mahindra and Mahindra announced a revised funding agreement with British International Investment Plc. (BII) for Mahindra Electric Automobile Limited (MEAL). Following a joint assessment of MEAL’s funding needs, the final tranche of BII’s investment has been adjusted to INR 6.5 billion, down from the ....
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