Hinduja Global Solutions to acquire 57% stake in Element Solutions for $5 million

Hinduja Global Solutions (HGS) said that its UK Subsidiary has entered into an agreement to acquire 57 percent equity stake in Element Solutions LLC, USA, a digital consulting services company, for a consideration of US$ 5 million. The transaction is expected to close in the next 15 days.




Post demonetisation: Digital transactions have started declining

Digital transactions, which gained prominence post demonetisation, have started declining with pick up in remonetisation, indicating return of people’s preference for cash