Anil Ambani-owned Reliance Power share price hits 5% upper circuit; here’s why
3 months, 3 weeks ago

Anil Ambani-owned Reliance Power share price hits 5% upper circuit; here’s why

Live Mint  

Reliance Power share price opened at a 5 per cent upper circuit of ₹41.07 on Wednesday, December 4, on BSE after the Solar Energy Corporation of India withdrew its order barring the company from renewable energy tenders. Reliance Power share price had closed 1.03 per cent higher at ₹39.12 on BSE in the previous session on Tuesday, December 3. As Mint reported, the Seci withdrew its order barring Anil Ambani-owned Reliance Power from renewable energy tenders a week after the Delhi High Court ordered a stay on the company's debarment, except for its subsidiary Reliance NU BESS. Reliance Power share price trend Shares of Reliance Power have seen a healthy gain this year so far, rising as much as 68 per cent as of the December 3 close.

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History of this topic

Reliance Power to Reliance Infra: Why did Anil Ambani’s ADAG stocks skyrocket today? EXPLAINED
4 days, 20 hours ago

Reliance Power to Reliance Infra: Why did Anil Ambani’s ADAG stocks skyrocket today? EXPLAINED

Live Mint  

ADAG Stocks Today: Shares of Reliance Power, Reliance Infrastructure, and other stocks under Anil Ambani's conglomerate surged over seven per cent on Wednesday, March 26, 2025, defying the subdued market sentiment. Shares of Reliance Power and Reliance Infrastructure surged by nearly 7.5%, defying the broader market's subdued sentiment. This has fueled a sharp rally in ADAG stocks, supported by strong …

Reliance Power share price surges 11% in a weak market. Do you own?
Trending News
5 days, 3 hours ago

Reliance Power share price surges 11% in a weak market. Do you own?

Live Mint  

Shares of Anil Dhirubhai Ambani group's Reliance Power surged over 11% in intra-day trading on Wednesday, March 25, amid high volumes. According to the data available on BSE, the total traded quantity for Reliance Power shares stood at 53.38 lakh against the two-week average of 42.95 lakh shares. Reliance Power share price trend Reliance Power share price opened at ₹37.14 …

Reliance says Oil Ministry raised $2.81 billion demand in gas dispute case
3 weeks, 6 days ago

Reliance says Oil Ministry raised $2.81 billion demand in gas dispute case

The Hindu  

Reliance Industries said on Tuesday the Petroleum and Natural Gas Ministry has raised a demand of $2.81 billion from the company, BP Exploration and Niko in a gas drilling dispute case. On February 14, a division bench at Delhi High Court ruled against Reliance and its partners in a dispute regarding extraction of gas in a deepwater field in India's …

Reliance Infrastructure Q3 results postponed: Anil Ambani-led infra major’s board meeting rescheduled to THIS day
1 month, 2 weeks ago

Reliance Infrastructure Q3 results postponed: Anil Ambani-led infra major’s board meeting rescheduled to THIS day

Live Mint  

Reliance Infrastructure Q3 results postponed: Reliance Infrastructure's October-December quarter results for fiscal 2024-25 is postponed by one day after the Anil Ambani-led company announced on Thursday, February 13, that the board meeting to consider and declare the quarterly results has now been rescheduled to Friday, February 14, 2025. “Further to our letter dated February 6, 2025, we wish to inform …

Reliance Power share: Anil Ambani-owned stock jumps for second straight week. Relief or revival after Q3 results 2025?
1 month, 3 weeks ago

Reliance Power share: Anil Ambani-owned stock jumps for second straight week. Relief or revival after Q3 results 2025?

Live Mint  

Reliance Power shares have been on an uptrend for the last two weeks. The strong Reliance Power Q3 results triggered strong buying of Reliance Power shares, and the stock further extended its rally last week. Reliance Power news Speaking on Reliance Power's Q3 results, Sugandha Sachdeva, Founder of SS WealthStreet, said, "Reliance Power has shown a remarkable turnaround in its …

Reliance Power share: Anil Ambani-owned stock jumps for second straight week. Relief or revival after Q3 results 2024?
Trending News
1 month, 3 weeks ago

Reliance Power share: Anil Ambani-owned stock jumps for second straight week. Relief or revival after Q3 results 2024?

Live Mint  

Reliance Power shares have been on an uptrend for the last two weeks. The strong Reliance Power Q3 results triggered strong buying of Reliance Power shares, and the stock further extended its rally last week. Reliance Power news Speaking on Reliance Power's Q3 results, Sugandha Sachdeva, Founder of SS WealthStreet, said, "Reliance Power has shown a remarkable turnaround in its …

Reliance NU Suntech unveils plan to set up solar power plant in Kurnool
2 months, 2 weeks ago

Reliance NU Suntech unveils plan to set up solar power plant in Kurnool

The Hindu  

Reliance NU Suntech Private Limited, a wholly owned subsidiary of Reliance Power Limited, announced its plan to invest ₹10,000 crore in setting up a solar power project in Kurnool district on a build-own-operate basis. The project consisting of a 930 MW solar energy contract with 465 MW/1,860 MWh Battery Energy Storage System component is Asia’s largest solar and battery energy …

Anil Ambani-owned Reliance Power share price extends rally for third straight session
Trending News
2 months, 4 weeks ago

Anil Ambani-owned Reliance Power share price extends rally for third straight session

Live Mint  

Reliance Power share price gained over 2% on Thursday, extending its rally for the third consecutive session. This repayment will bolster Sasan Power’s debt coverage metrics, improve liquidity, and enhance its credit rating, Reliance Power said in a regulatory filing on January 1. “The loan repayment further strengthens Reliance Power’s balance sheet as the company transitions its focus toward the …

Reliance Power share price: Anil Ambani-owned stock in focus on ₹3760 crore term loan from PFC
3 months ago

Reliance Power share price: Anil Ambani-owned stock in focus on ₹3760 crore term loan from PFC

Live Mint  

Reliance Power share price: Anil Ambani-owned Reliance Power shares will be in focus when the Indian stock market resumes trading activity on Monday. In its exchange filing on Friday last week, Reliance Power Ltd informed the Indian exchanges that Anil Ambani-owned company's subsidiary, Rosa Power Supply Company Limited, has executed a definitive document for availing of a term loan up …

Anil Ambani-owned Reliance Power share price hits 5% upper circuit after subsidiary wins 930 MW order from SECI
3 months, 2 weeks ago

Anil Ambani-owned Reliance Power share price hits 5% upper circuit after subsidiary wins 930 MW order from SECI

Live Mint  

Reliance Power share price was locked in at 5% upper circuit at ₹46.24 apiece on Thursday after the company said its subsidiary bagged an order from Solar Energy Corporation of India. Reliance NU Suntech, a subsidiary of Reliance Power, won a 930 MW solar energy contract with battery energy storage system project from the SECI in an e-reverse auction held …

Stocks to Watch: Vedanta, Grasim, Reliance Power, Shriram Finance, Gland Pharma, and more
3 months, 2 weeks ago

Stocks to Watch: Vedanta, Grasim, Reliance Power, Shriram Finance, Gland Pharma, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Reliance Power: Reliance Power, led by Anil Ambani, announced that its subsidiary, Reliance NU Suntech Private Ltd, has secured a 930 MW solar energy project with a Battery Energy Storage System. Shriram Finance: Shriram Finance has completed the sale of its 84.44 percent stake in Shriram …

Reliance NU launched: Mayank Bansal and Rakesh Swaroop to helm Anil Ambani group’s renewable energy arm
3 months, 2 weeks ago

Reliance NU launched: Mayank Bansal and Rakesh Swaroop to helm Anil Ambani group’s renewable energy arm

Live Mint  

Reliance Power on Tuesday announced that it is setting up its renewable energy business, Reliance NU Energies, PTI reported, citing an official statement. “The new subsidiary Reliance Nu will innovate and seize the opportunities in developing clean, affordable and reliable energy solutions that India and the world's growing demand for sustainability needs,” said Reliance Power in its statement cited in …

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why
3 months, 3 weeks ago

Anil Ambani-owned Reliance Power share price jumps over 3%. Here’s why

Live Mint  

Reliance Power share price rallied over 3% on Monday after the Anil Ambani-owned company announced settling of loan default by its subsidiary Samalkot Power. In another development last week, the Solar Energy Corporation of India withdrew its order barring Reliance Power from renewable energy tenders. However, on December 3, Reliance Power informed that the Solar Energy Corporation of India withdrew …

Explained: Why Reliance Power share price hit upper circuit today
3 months, 3 weeks ago

Explained: Why Reliance Power share price hit upper circuit today

India Today  

Shares of Reliance Power surged 5% to hit the upper circuit at Rs 41.09 on Wednesday, following the withdrawal of a debarment notice by the Solar Energy Corporation of India. In a December 3 exchange filing, Reliance Power announced that SECI had revoked its debarment notice, allowing the company and its subsidiaries—excluding Reliance NU BESS —to participate in SECI’s tenders. …

Solar Energy Corp withdraws debarment order against Reliance Power
Trending News
3 months, 3 weeks ago

Solar Energy Corp withdraws debarment order against Reliance Power

Live Mint  

New Delhi: The Solar Energy Corporation of India has withdrawn its order barring Reliance Power from renewable energy tenders. On 6 November, Seci had barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for three years over alleged submission of fake documents by the companies. In September, Reliance Power successfully secured …

Amarnath justifies PPA with SECI, says it envisages power supply at ‘lowest price’
4 months ago

Amarnath justifies PPA with SECI, says it envisages power supply at ‘lowest price’

The Hindu  

YSRCP district president and former Minister Gudivada Amarnath has taken exception to the reports in a section of the media targeting party president and former Chief Minister Y.S. Addressing the media here on November 29, Mr. Amarnath said the Power Sale Agreement was between the SECI and the State government. The waiver would help save ₹1.10 lakh crore, Mr. Amarnath …

Reliance Power Share Price Today on 28-11-2024: Reliance Power share price are up by 3.71%, Nifty down by -0.74%
4 months ago

Reliance Power Share Price Today on 28-11-2024: Reliance Power share price are up by 3.71%, Nifty down by -0.74%

Live Mint  

Reliance Power Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Reliance Power shares are trading at price ₹39.7, 3.71% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at …

Delhi High Court stays Seci order barring Reliance Power from renewable energy bids
4 months ago

Delhi High Court stays Seci order barring Reliance Power from renewable energy bids

Live Mint  

New Delhi: The Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against Reliance Power and its subsidiaries except for Reliance NU BESS, formerly known as Maharashtra Energy Generation Limited. Reliance Power said in a regulatory filing that it had challenged Seci’s notice of debarment in the Delhi High Court. In September, Reliance …

Reliance Power Share Price Today on 26-11-2024: Reliance Power share price are up by 0.37%, Nifty down by -0.05%
4 months ago

Reliance Power Share Price Today on 26-11-2024: Reliance Power share price are up by 0.37%, Nifty down by -0.05%

Live Mint  

Reliance Power Share Price Today on 26-11-2024: At 26 Nov 11:29 today, Reliance Power shares are trading at price ₹34.86, 0.37% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%
Top News
4 months ago

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%

Live Mint  

Reliance Industries Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Reliance Industries shares are trading at price ₹1291.65, 0.3% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Reliance Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%
4 months ago

Reliance Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%

Live Mint  

Reliance Power Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Reliance Power shares are trading at price ₹36.56, 4.34% up from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at …

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%
Top News
4 months ago

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%

Live Mint  

Reliance Industries Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Reliance Industries shares are trading at price ₹1300, 2.69% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Why SECI struggles to find buyers for its renewable energy tenders
4 months, 1 week ago

Why SECI struggles to find buyers for its renewable energy tenders

Live Mint  

The Solar Energy Corp. of India plays a key role in India's renewable energy push by acting as a central intermediary between private power producers and state power distribution companies. The indictment says Adani executives paid bribes to secure agreements with discoms to buy solar power from Seci, in a bid that Adani Green had won in a 2019 tender. …

Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid
4 months, 2 weeks ago

Anil Ambani’s Reliance Power in trouble as renewable energy agency initiates criminal action over fake bid

Live Mint  

Solar Energy Corporation of India Ltd, India's top renewable energy agency, has sent a notice to Reliance Power asking why it should not initiate criminal proceedings after a subsidiary of the Anil Ambani-led power producer submitted fake documents for a bid, reported the news agency Reuters citing a notice issued on Wednesday, November 13. Last week, the SECI banned Reliance …

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?
4 months, 2 weeks ago

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?

Live Mint  

For investors in Reliance Industries, foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might come as a respite, especially amid the sell-off in the counter, which has pushed it into bear territory. Key Upside Trigger The reason behind CLSA’s bullish stance is RIL’s new energy business worth $40 billion, which it believes the market is ignoring. …

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice
4 months, 3 weeks ago

Anil Ambani’s Reliance Power shares hit 5% lower circuit after SECI notice

Live Mint  

Reliance Power share price: Shares of Anil Ambani's Reliance Power opened at a 5% lower circuit at ₹41.47 on the BSE on Friday, November 8, following a notice from the Solar Energy Corporation of India Limited. The notice stated that Reliance Power and its subsidiary are barred from participating in SECI tenders for the next three years. SECI has barred …

Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document
4 months, 3 weeks ago

Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document

Live Mint  

New Delhi: In a setback for Reliance Power’s green energy plans, Solar Energy Corp. of India has barred the Anil Ambani company, its subsidiaries and Reliance NU BESS Ltd from participating in tenders issued by the state-owned company for three years. This ban comes in response to the submission of alleged fake documents by the Anil Ambani companies in a …

Reliance Power share: Why is Anil Ambani-owned stock rising post-Budget 2024?
7 months, 4 weeks ago

Reliance Power share: Why is Anil Ambani-owned stock rising post-Budget 2024?

Live Mint  

Stocks to buy: Reliance Power shares have been on an uptrend after the presentation of Budget 2024. On 23rd July 2024, Reliance Power share price finished at ₹26.94 per share on the NSE, and since then, it has been hitting a 52-week high regularly. They said the market expected the budget benefit to trickle down into the company's balance sheet …

Why is Anil Ambani-backed Reliance Power share price is skyrocketing — explained
1 year ago

Why is Anil Ambani-backed Reliance Power share price is skyrocketing — explained

Live Mint  

Reliance Power shares have been in an uptrend for the last one week. After bottoming out at around ₹20 apiece level on 13th March 2024, Reliance Power share price finished at ₹26.30 per share level on Friday last week. They said that Reliance Power share price today has strong support placed at ₹22 apiece level whereas it is facing a …

Anil Ambani-led Reliance Power share price hits 5% upper circuit, what’s driving the rally?
1 year ago

Anil Ambani-led Reliance Power share price hits 5% upper circuit, what’s driving the rally?

Live Mint  

Reliance Power's stocks surged by 5% on March 20, hitting a peak of ₹23.83 on the BSE. This uptick follows reports of the Anil Ambani-led company successfully clearing debts owed to three major banks - ICICI Bank, Axis Bank, and DBS Bank - the previous week. According to The Economic Times report, Reliance Power's parent company Reliance Infrastructure is actively …

Anil Ambani-led Reliance Power shares hit 5% upper circuit: What's happening?
1 year ago

Anil Ambani-led Reliance Power shares hit 5% upper circuit: What's happening?

Hindustan Times  

Shares of Reliance Power rose 5% today and reached day's high of ₹23.83 on the BSE. The reports also claimed that its parent Reliance Infrastructure is working towards settling dues of ₹2,100 crore to JC Flowers Asset Reconstruction Company. Stock market today: Anil Ambani-led Reliance Power's shares hit upper circuit on March 20. Reliance Power financials Reliance Power disclosed earlier …

Anil Ambani steps down as director of R-Infra, Reliance Power
3 years ago

Anil Ambani steps down as director of R-Infra, Reliance Power

India Today  

Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI's order restraining him from associating with any listed company. "Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance with SEBI interim order," Reliance Power said in a BSE filing. In a separate filing to …

Gail to bid for Seci tender; Q4 net down
3 years, 9 months ago

Gail to bid for Seci tender; Q4 net down

Live Mint  

NEW DELHI: As part of its green energy playbook, Gail Ltd. plans to bid for a 400-megawatt capacity along with Bharat Heavy Electricals Ltd in a state-run Solar Energy Corporation of India tender, said a top company executive on Wednesday. This comes in the backdrop of a change in global energy architecture, with India at the centre of oil majors’ …

Reliance Industries shares jump over 3 percent
4 years, 9 months ago

Reliance Industries shares jump over 3 percent

India TV News  

Shares of Reliance Industries on Friday reversed early losses and closed over 3 per cent higher, helping the benchmark indices to finish with gains. The heavyweight stock closed at Rs 1,588.80, a gain of 3.34 per cent on the BSE. Reliance Industries was the biggest contributor in market bounce back, as the 30-share BSE Sensex closed at 33,780.89, up 242.52 …

Anil Ambani's sons, Anshul & Anmol appointed RInfra directors
5 years, 5 months ago

Anil Ambani's sons, Anshul & Anmol appointed RInfra directors

India TV News  

Anil Ambani-led Reliance Group has inducted both the sons-Anmol and Anshul d--as directors on the board of infrastructure vertical RInfra. Anmol has been on the board of Reliance Capital since August 2016, while the younger one, Anshul joined group this January, and has been actively involved in all operations of RInfra, including a special focus on the defence business, working …

Reliance Group stocks under pressure; slip up to 4.3% on Supreme Court order against Anil Ambani in Ericsson case
6 years, 1 month ago

Reliance Group stocks under pressure; slip up to 4.3% on Supreme Court order against Anil Ambani in Ericsson case

Firstpost  

Shares of Reliance Group companies on Wednesday closed 4.3 percent lower after the Supreme Court held chairman Anil Ambani and two other senior officials guilty of contempt of court. New Delhi: Shares of Reliance Group companies on Wednesday closed 4.3 percent lower after the Supreme Court held chairman Anil Ambani and two other senior officials guilty of contempt of court …

Anil Ambani-led Reliance Group stocks under pressure; tank up to 10.3% on Supreme Court contempt ruling
6 years, 1 month ago

Anil Ambani-led Reliance Group stocks under pressure; tank up to 10.3% on Supreme Court contempt ruling

Firstpost  

Shares of Reliance Group companies tumbled up to 10.3 percent on Wednesday after the Supreme Court held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying Rs 550 crore dues to telecom equipment maker Ericsson New Delhi: Shares of Reliance Group companies tumbled up to 10.3 percent on Wednesday after the Supreme …

RPower promoters aim Rs 2,500 cr from stake sale, plans to offload 18-19% shares; J P Morgan appointed as banker
6 years, 1 month ago

RPower promoters aim Rs 2,500 cr from stake sale, plans to offload 18-19% shares; J P Morgan appointed as banker

Firstpost  

Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said. New Delhi: Sovereign wealth funds of Qatar and Abu Dhabi as well as private equity major KKR have evinced interest in investing in Reliance Power, where promoters plan to sell part of their direct holdings …

Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September
6 years, 1 month ago

Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September

Firstpost  

Reliance Group will pay the principal and interest amounts to the lenders as per the scheduled due dates New Delhi: Anil Ambani-led Reliance Group has reached a ‘standstill agreement’ with more than 90 percent of its lenders under which they will not sell any of the shares pledged by promoters till September. Under the pact, the group will pay the …

Anil Ambani-led Reliance Power asks Sebi to immediately ban Edelweiss Group from capital markets
6 years, 1 month ago

Anil Ambani-led Reliance Power asks Sebi to immediately ban Edelweiss Group from capital markets

Firstpost  

New Delhi: Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging “illegal and market disruptive activities” to cause a steep plunge in the company’s share price. Reliance Group, last week, accused L&T Finance and Edelweiss Group entities of “illegal” and “motivated” actions in invoking the pledged shares of Anil Ambani group’s …

CCI clears Renascent Power’s 75% stake buy in Prayagraj Power Generation
6 years, 2 months ago

CCI clears Renascent Power’s 75% stake buy in Prayagraj Power Generation

Live Mint  

New Delhi: The Competition Commission on Tuesday said it has approved Renascent Power Ventures’ acquisition of 75% stake in Prayagraj Power Generation. In November, Renascent Power, a wholly-owned subsidiary of Resurgent Power Ventures Pte Ltd, said it would acquire 75.01% stake in Prayagraj Power Generation Company Ltd. In a tweet, the Competition Commission of India said it has approved acquisition …

Anil Ambani seeks to sell control of Reliance Communications
6 years, 6 months ago

Anil Ambani seeks to sell control of Reliance Communications

Live Mint  

Reliance Communications Ltd., the telecommunications company that’s offloading most of its assets to a rival, is in talks to sell a controlling stake in what will remain after it exits India’s consumer wireless business. The company helmed by billionaire Anil Ambani is negotiating with two investors who are conducting due diligence, Bill Barney, chief executive officer of the company and …

Anil Ambani-controlled Reliance ADAG shares fall up to 15 pc on BSE, RCom down to single digit
7 years, 4 months ago

Anil Ambani-controlled Reliance ADAG shares fall up to 15 pc on BSE, RCom down to single digit

India TV News  

Shares of Anil Ambani-controlled Reliance ADAG tumbled by over 15 per cent on bourses on Wednesday amid heavy selling in late afternoon trade. While Reliance Infrastructure stocks slipped 15 per cent at the day’s low and finally closed at Rs 418.95, Reliance Capital shed 15 per cent during the day before closing at Rs 422. Reliance Naval and Engineering dropped …

Promoters of 3 ADAG firms pledge shares worth Rs 3,700 cr
10 years, 3 months ago

Promoters of 3 ADAG firms pledge shares worth Rs 3,700 cr

Firstpost  

New Delhi: Promoter entities of three companies of Anil Ambani-led Reliance Group – RCOM, R-Infra and R-Power – have pledged shares that are worth about Rs 3,700 crore at the current market value. As per Reliance Communications, its promoter entity, Reliance Communications Enterprises Private Limited, pledged 13.5 crore shares on December 22 with Axis Trustee Services, while 6 crore shares …

No blackout in Delhi, as Supreme Court directs NTPC not to cut supply to BSES till March 26
11 years, 1 month ago

No blackout in Delhi, as Supreme Court directs NTPC not to cut supply to BSES till March 26

Live Law  

Striking a balance of interests of Reliance controlled BSES Rajdhani Power Ltd. and BSES Yamuna Power Ltd. power distribution companies, the consumers and distributors, the Supreme Court bench of Justice Surinder Singh Nijjar and Justice A.K. Sikri directed the National Thermal Power Corporation to continue supplying power to these companies till March 26, thus preventing a. Sikri directed the National …

Kejriwal attacks Anil Ambani on power controversy
11 years, 1 month ago

Kejriwal attacks Anil Ambani on power controversy

India TV News  

New Delhi: With the confrontation on power issue intensifying, Chief Minister Arvind Kejriwal today attacked ADAG chairman Anil Ambani whose group operates two power distribution companies in the city. “Anil Ambani playing politics wid delhi's electricity? Reliance Infrastructure spokesperson reacted strongly to Kejriwal's comment, saying “Reliance Group is extremely disappointed with the Delhi Chief Minister's tweet attacking our Group Chairman.”The …

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