Business

It's a competitive scenario between RIL and a consortium including Sunil Mittal of the Bharti Group, similar to their existing rivalry in the telecom sector. Reliance Industries Ltd (RIL), under Mukesh Ambani‘s leadership, has positioned itself as a key contender for acquiring a substantial stake in Haier’s Indian operations. The Chinese consumer electronics manufacturer is…

Electric two-wheeler manufacturer Ather Energy has launched its Initial Public Offering (IPO) on Monday, aiming to raise Rs 2,981 crore. The offering comprises fresh equity shares of Rs 8.18 crore and an Offer for Sale (OFS) of Rs 1.1 crore shares.IPO details:– Price band: Rs 304-321– Grey market premium: 1% over issue price– Minimum lot…

Starting May 1, 2025, the Reserve Bank of India‘s (RBI) updated framework for ATM transaction charges will come into force, bringing changes to free transaction limits, charges for additional transactions, and interchange fee structures across the country.Under the new guidelines, customers will be entitled to a set number of free ATM transactions each month—three in…