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Tata Motors partners South Indian Bank for vehicle finance
Ashok Leyland partners South Indian Bank for dealer finance
Ashok Leyland announced that it had entered into an agreement with South Indian Bank to offer financing support to its dealers through the bank's dealer finance scheme. According to a statement, South Indian Bank stated that it would provide competitive dealer finance options to the dealers of the prominent truck and bus manufacturer.
Gopal Mahadevan, the Director and Chief Financial Officer of Ashok Leyland, expressed that the alliance would provide suitable inventory financing solutions to their network of dealers. ..
IL&FS Requests New MMRDA Nod for Mumbai HQ Transfer
IL&FS has sought renewed approval from the Mumbai Metropolitan Region Development Authority (MMRDA) to transfer its headquarters within Mumbai. This move indicates IL&FS's commitment to navigating regulatory requirements amid ongoing restructuring efforts.
IL&FS's request for new approval underscores its determination to ensure compliance with all necessary regulations and expedite the headquarters transfer process. It reflects the company's efforts to streamline its operations and address administrative challenges as part of its restructuring endeavours.
The need for fresh appro..
Malaysian Carbon Credit Auction Begins July
In a significant move towards environmental sustainability, Malaysia's carbon exchange will host its first local carbon credit auction in July. This event marks a pivotal step in the nation's commitment to reducing carbon emissions and fostering a green economy.
The Malaysian carbon exchange aims to provide a structured marketplace for carbon credits, where companies can buy and sell these credits to offset their carbon footprints. This initiative aligns with global efforts to mitigate climate change by encouraging businesses to adopt more sustainable practices.
The auction w..
