CDSL announce uniform tariff of Rs 3.50 per transaction effective October 1st

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Bengaluru (Karnataka) [India], March 12: Mudrex, a leading Indian crypto exchange, announced the rollout of INR-margined crypto futures, marking a significant step toward simplifying trading for participants in India's fast-growing digital asset market.

New Delhi [India], March 11: Together as Medsoria, the joint venture will increase production capabilities with a new 70,000 square feet (6,500 square meters) U.S. FDA-compliant facility and engender future collaboration on developing new product lines. With the recent reporting of a trade deal between the India and U.S. to reduce tariffs and promote improved trade relations between the two countries, the joint venture could not arrive at a better time.

According to the press statement released by Indigo, "With immediate effect, Pieter Elbers will be stepping down as InterGlobe Aviation Limited's (IndiGo) CEO. The Board of Directors would like to thank Pieter for his contribution and service to the organization, and wishes him well in his future endeavours." The airline further said that its managing director, Rahul Bhatia, would manage the company in the interim until a replacement is hired.

New Delhi [India], March 10: Social worker Rakesh Bindal will be appointed as the National President of the world's largest cow service organization, Shri Godham Mahatirth Pathmeda Lok Punyarth Nyas, Nandgaon, on the occasion of the inauguration of the institution's new residential complex. The announcement was made at the organization's Delhi office.

New Delhi [India], March 10: As retail participation in India's stock markets continues to grow rapidly, Wisdom Capital is reinforcing its position as one of India's most cost-efficient and technology-driven brokerage platforms. Having introduced its Lifetime Zero Brokerage trading model more than a decade ago, the company continues to offer traders the ability to significantly reduce transaction costs while benefiting from advanced trading technology.

New Delhi [India], March 10: In India's evolving corporate landscape, high-value transactions are no longer rare events. Insolvency resolutions, mergers and acquisitions, strategic stake sales, shareholder exits, IPO-linked restructuring, and court-monitored corporate actions are now a regular part of doing business.

Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, qualifying as an ECB under the automatic route of the Reserve Bank of India (RBI). HSBC acted as the Sole Mandated Lead Arranger and Bookrunner for the social loan fund raise, securing participations from HSBC (Gift City), Doha Bank (Qatar), State Bank (Mauritius) Ltd., Bank of China Ltd. (China), and National Development Bank Plc (Sri Lanka). This transaction reinforces CA Grameen's strong track record of raising international funds through innovative financing solutions.

The global automobile industry is facing structural headwinds including tariff-related pressures, elevated raw material costs, and persistent supply chain disruptions. A recent report by Elara Securities noted that shortages of memory chips have emerged as the latest challenge impacting production.

Singapore, March 9: Visa (NYSE: V) today announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions that process payments for merchants) to modernise their payment processing through a single API connection, helping eliminate the need for expensive, time-consuming infrastructure rebuilds.