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Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]
States that offer subsidies have witnessed a stronger acceptance of electric two -wheelers, an indication of financial incentives that influence consumer behavior, according to Reserve Bank or India Bulletin. “Various studies have shown that monetary stimuli such as discounts, tax credits and lower registration costs are improving EV acceptance by reducing the initial purchase costs […]
