Financial Sector

This has increased demand for commercial vehicle, micro, small and medium enterprise (MSME), and two-wheeler financing.

Zaggle Prepaid Ocean Services offers digitized solutions for employee tax benefits, expense management, corporate gifting and rewards and recognition programmes.

A quota of not more than 15% has been reserved for Non-Institutional Investors (NII)

Shriram Finance Limited, a significant provider of commercial vehicle financing, has merged with two-wheeler and MSME financier Shriram City Union Finance (Shriram Finance)

Following due diligence, Binance has cancelled its letter of intent to acquire the competing cryptocurrency exchange, FTX.

The combined company will be renamed Zoomcar Holdings, Inc after the deal closes, and it plans to issue its common shares on Nasdaq

Earlier on December 31, 2021, L&T Finance informed the exchanges and investors that the company is considering the sale of 100% of the paid-up share capital of L&T Investment Management Limited.

According to news reports, the deal will involve the merger of the payments gateway businesses of two of the largest players in the nation, and getting CCI approval is crucial.

The board of the HGS authorized the purchase of Nxtdigital's media and digital operations in February 2022. A shareholder meeting of Hinduja Global was called by the National Company Law Tribunal (NCLT) on September 2 to discuss the transaction.

On 28 May 2022