RBI has asked banks to stop issuing Rs 2,000 notes, though it remains legal tender. Parties like AAP, TMC & BSP have criticised the move, saying it is against public interest.
According to the former CEO Krishnamurthy Subramanian, the 2000 notes are not in use in the everyday life of the common people and its cash in circulation is only 10 per cent.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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