The non-compete payment —amounting nearly 5% of the deal value—is intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
Indian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settling higher. India VIX, a
Reliance Industries’ treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Reserve Bank of India. Traders are
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