Breaking News

You are here » Indian-Commodity  :  Top News  :  Transcorp gets nod for slump sale of MTSS Business in India

05-Jan2018

Transcorp gets nod for slump sale of MTSS Business in India

Transcorp International has received an approval for the slump sale of the company's MTSS Business in India (MTSS Business means business of acting as Principal Agent for the Licensed International inward Money Transfer Operators (Overseas Principals) to facilitate International inward Money Transfer transactions in India under the MTSS licenses issued by Reserve Bank of India) as a going concern in terms of Business Transfer Agreement to You First Money Express (YMEPL). The Board of Directors of the company at their meeting held on January 04, 2017, considered and approved the same.

Transcorp International is leading forex and inward remittance solutions provider. The range of services offered by the company includes money changing and transfers; currency notes exports, car renting services and organising tours & travels.


Related News

View all news

Barley futures trade higher on good demand

Barley futures traded higher on NCDEX, as the participants increased their buying due to good demand from beer making industries amid low stocks position due to fall in supplies.The contract for November......

Nickel futures edge higher on improved demand

Nickel futures edged higher on MCX as participants built up fresh positions, tracking improved demand at the spot market. Further, a firming global trend also fuelled the uptrend.The contract for October......

Cardamom futures trade higher on firm demand

Cardamom futures traded higher on MCX, as market players accumulated their bets on low production prospects followed by firm demand from spot domestic markets. Moreover, tight inventory levels after heavy......

Top News

View all news

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated 'Ashiana Umang' as 'Best Themed Project' and the company's website as the 'Best Real Estate Website of the year'.Ashiana Umang......

Tata Power inaugurates second 'All-women' CRC in Mumbai

Tata Power has inaugurated its second 'All Women' Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new......

McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports.Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the......