Business
Mahindra with Ideal Finance enables affordable vehicle purchasing
Introduces special COVID Sahana package
Mahindra Finance, India’s leading Non-Banking Finance Company together with Ideal Finance Ltd, the finance arm of the Ideal Group, recently introduced a special COVID Sahana package to facilitate buyers of Mahindra personal and light commercial vehicles with affordable hire purchase plans.
Mahindra Finance previously entered into a joint venture with Ideal Finance Ltd. in order to leverage on its socially inclusive business model facilitating the local consumers with best possible offers. This sahana package was introduced with the aim of providing financial reliefs to people who are in need of a personal vehicle and also to support small businesses and individuals to capitalize on this relief to gain financial stability.
In the personal vehicles segment, Mahindra offers this special sahana package for Mahindra KUV 100, the 1200cc petrol car manufactured at the Mahindra-Ideal Lanka automotive assembly plant in Welipenna. With this encouraging sahana package, the customers can own a KUV 100 with a 30% down payment and the balance 70% can be paid in 60 months to 72 months affordable installments.
Light Commercial Vehicles eligible for this sahana package are Mahindra Maxximo HD 12 Inch, Mahindra Maxximo VX 13 Inch, Bolero Maxi Truck plus, Bolero Maxi Truck Plus (with AC), Bolero Maxi Truck Plus Special Edition and Bolero Maxi Truck Plus Maxi Sport. These vehicles are available to be purchased with a 20% down payment and the remaining 80% can be paid in flexible installments of 36, 48, 60 and 72 months as per the discretion of the buyer. Mahindra and Ideal Finance also ensure that all the vehicle buyers avail more financial freedom in the first three months offering a lower Equated Monthly Installment (EMI).
‘’Mahindra Finance and Ideal Finance have brought this amazing finance package to assist in ending the woes of people and help them re-build their lives in a post COVID 19 world. We also ensure that buying a vehicle from Mahindra is a life-time investment and we are committed to providing industry leading after sales services and engage closely with our customers offering maintenance, guidance and expertise.’’ said Nalin Welgama, Chairman of Ideal Group of Companies.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
