Thu, Nov 07, 2024
After the examination of the documents submitted by the bidder which happens to be a Reliance Power subsidiary under the RfS issued by the SECI, it was found that the endorsement of Bank Guarantee against EMD, as submitted by the bidder, was fake, so as a result the SECI was contrained to debar the company from its tendering process for three years.
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Wed, Nov 06, 2024
Rosa Power Supply Company Ltd (Rosa Power), a subsidiary of Reliance Power, has prepaid a Rs 485 crore loan to Singapore-based lender Varde Partners.
Thu, Oct 03, 2024
The board also approved ESOS for all employees to provide grants of up to 22 crore equity shares of the value of over Rs 1,180 crore (Rs 10 each) representing 5 per cent of fully-diluted capital of the company.
Wed, Oct 02, 2024
Reliance Group has set up a new company, Reliance Enterprises, to exclusively promote investment in Bhutan's renewable and green energy sector.
Mon, Sep 30, 2024
Reliance Infrastructure (RELINFRA) and Reliance Power (RPOWER) shares have rewarded investors handsomely over the past few sessions, with each about 56 per cent stronger since September 16, according to provisional exchange data. Reliance Infrastructure and Reliance Power are part of the Reliance Group, led by top businessman Anil Ambani.
Wed, Sep 25, 2024
Rosa Power, a subsidiary of Reliance Power, is learned to be on track of becoming debt-free by paying off its debt of Rs 850 crore to Singapore-based Varde Partners.
Tue, Sep 24, 2024
Which stocks will be in focus today including PNB, G R Infra, Stanley Lifestyles, and Reliance Power? On the basis of which news there will be action in the market? What are the important triggers for the market? Know here in Stock In News.
Mon, Sep 23, 2024
This comes days after Reliance Infrastructure, another Anil Ambani-led group firm, approved raising Rs 6,000 crore.
Which stocks will be in focus today including Vodafone Idea, Jindal Saw, Reliance Power and Tata Steel? On the basis of which news there will be action in the market? What are the important triggers for the market? Know here in Stock In News.
Sun, Sep 22, 2024
Reliance Power's board is set to meet on Monday to consider raising of long-term funds from domestic and/or global markets through multiple routes.
Tue, Jun 27, 2023
Important meeting for VIPL today. Axis Bank and SEBI meeting. What is the update regarding this meeting?
Tue, May 17, 2022
Apart from LIC IPO, which are the other big IPOs that have come in the country so far, and how have they performed after listing? Senior Research Analyst at Zee Business, Kushal Gupta's Report.
Wed, May 04, 2022
As LIC enters as India's largest IPO, do you know the other top 5 biggest IPOs in India. Here is the list of top 5 biggest IPO before LIC and how they performed since their listing.
Fri, Nov 19, 2021
The investors must be aware of the opening day performances of the biggest Indian initial public offerings (IPOs). Indian digital payments firm Paytm was listed in the stock market on Thursday. As per a Reuters report, Paytm had raised $2.46 billion through what was India`s largest-ever IPO.
Wed, Oct 27, 2021
Reliance Power reported a consolidated net loss of Rs 49.05 crore for September quarter 2021 mainly due to lower revenues.
Tue, Aug 10, 2021
Reliance Power has posted a consolidated net profit of Rs 12.28 crore for the quarter ended June 30, 2021.
Fri, Jul 16, 2021
Consequent to approval from shareholders, through postal ballot, Reliance Power Ltd (Reliance Power), has allotted 59.50 crore equity shares and 73 crore warrants convertible into an equivalent number of equity shares of the company by conversion of debt, to Reliance Infrastructure Ltd (Reliance
Tue, Jun 29, 2021
Reliance Power has started the export of power equipment from its Samalkot project in Andhra Pradesh to its Bangladesh project, a move that will help the company pare debt of nearly Rs 1,500 crore.
Mon, Jun 28, 2021
Reliance Power is expected to reduce another burden of Rs 1500 Cr by July end. As per sources export of equipment from Reliance Power’s Samalkot project are underway and the transplant is expected to be completed by end of July 2021. The company has sold the Module 1 equipment to the gas-based project jointly being developed by it along with JERA of Japan in Bangladesh
Sun, Jun 20, 2021
The market capitalisation of Anil Ambani-led Reliance Group has surged by over 1000% in less than 3 months
Sat, Jun 19, 2021
Anil Dhirubhai Ambani Group or ADAG group shares: The shares of Anil Dhirubhai Ambani Group or ADAG group have been performing exceptionally well for the past few months.
Mon, Jun 14, 2021
The shares of Anil Dhirubhai Ambani Group (ADAG) companies surged around five per cent each today amid its fund raising plans. Last week, Reliance Power announced plans to raise Rs 1,325 crore by issuing preferential shares and warrants to its parent, Reliance Infrastructure.
Sun, Jun 13, 2021
In a major development, the Board of Directors of Reliance Power Limited at its meeting held today i.e. 13th June 2021 has approved Preferential Issue of upto 59.5 Crore equity shares and upto 73 Crore warrants convertible into equivalent number of equity shares of the Company at an Issue Price of Rs. 10 each by conversion of debt, aggregating upto Rs.1 ,325 Crore to Reliance Infrastructure Limited, a listed promoter company.
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