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The non-compete payment amounting nearly 5% of the deal valueis intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
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It is currently illegal to share deepfakes, but the law against creating them has not yet come into force.
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News and Media
The Trump administration is finalizing a trade deal with Taiwan that will lower tariffs on island exports and secure significant new investments from TSMC in U.S. semiconductor facilities. This agreement, expected to be announced soon, aims to bolster U.S. national security by increasing domestic chip production amid geopolitical risks.
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News and Media
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