Business

Shriram-MUFG deal may test rules on non-compete fee for promoters(Soban News)

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.

​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. by Soban News (international And National News)

Related posts

5 gentle exercises to ease joint pain at home – Times of India(Soban News)

News-Soban-Admin

Reliance, Google tie up to boost India’s AI infra, to build AI cloud region in Jamnagar

News-Soban-Admin

Bengal Governor Quits, Mamata Banerjee Says Successor From Tamil Nadu – NDTV(Soban News)

News-Soban-Admin

Leave a Comment