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Top headlines: RIL investor meet, surplus parked with RBI falls, and more

Business Standard brings you the top headlines at this hour

Mukesh Ambani
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Mukesh Ambani (Photo: Bloomberg)

BS Web Team New Delhi
Reliance's investor meet to focus on Mukesh Ambani's succession, spinoffs

Mukesh Ambani’s once-a-year speech to investors has over time evolved into an eagerly-awaited pronouncement on his $222 billion empire akin to Warren Buffett’s annual letters to Berkshire Hathaway shareholders. Read More
 
Surplus parked with RBI falls below Rs 1 trillion as liquidity shrinks
 
A combination of factors including the Reserve Bank of India’s (RBI’s) interventions in the foreign exchange market and strong momentum in credit demand have led to surplus liquidity in the banking system declining significantly this month. Read More 

SC ruling on IBC will