Mukesh Ambani’s Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plans

July 3, 2025

Reliance is restructuring to consolidate its FMCG brands, including Campa and Independence, into a new entity, New Reliance Consumer Products Ltd, a direct RIL subsidiary. This strategic move aims to attract specialized investors and provide focused attention to the rapidly growing consumer brands business, valued at ₹11,500 crore in FY25.

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RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore

The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate

December 11, 2025

RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

December 11, 2025

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