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Sachin Bansal Exits Ather Energy by Selling Remaining Stake to Hero MotoCorp and Nikhil Kamath
Flipkart cofounder Sachin Bansal has exited Ather Energy, the electric scooter manufacturer, by selling his remaining 7.5% stake. This marks a significant shift in Ather Energy’s investor landscape. Bansal sold … Read More
RBI Facilitates Hassle-Free Travel with Automatic Recharge for Fastag and Metro Card Users
The Reserve Bank of India (RBI) has announced a significant amendment to its e-mandate framework, allowing for the automatic replenishment of balances in Fastag and National Common Mobility Card (NCMC) … Read More
RBI Holds Firm on 4.5% Inflation Projection for FY25 Amidst Uncertainties
The Reserve Bank of India (RBI) upheld its inflation forecast for the fiscal year 2024-25 at 4.5%, contingent upon a normal monsoon. Governor Shaktikanta Das, while addressing the media during … Read More
NCLT Gives Green Light to Air India-Vistara Merger
the National Company Law Tribunal (NCLT) has granted approval for the merger between Air India and Vistara. This decision heralds the formation of one of the world’s largest airline conglomerates, … Read More