Yamaha's business transfer proposal is approved

Government has approved Japanese two-wheeler major Yamaha's proposal to transfer its Indian sales business to the new entity - India Yamaha Motor Pvt Ltd. Yamaha Motor India Sales Pvt Ltd (YMISPL) had sought approval to transfer its business to India Yamaha Motor Pvt Ltd (IYMPL), a wholly-owned subsidiary of Yamaha Motor Co, Japan. The proposal does not involve fresh investments. Read More...

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