This year is going great in terms of IPO. Amidst the historic boom in the stock market, all the small and big companies in the country are bringing IPOs to raise funds. Recently, 13 companies have filed papers for IPO approval with the stock market regulator SEBI in just 1 …
Read More »This subsidiary company of Reliance Power repaid a loan of Rs 850 crore before time, action can be seen in the shares
Reliance Power‘s subsidiary company Rosa Power has paid a debt of Rs 850 crore to Singapore lender Varde Partners. The special thing is that Rosa Power has paid the debt to Varde Partners before time. Let us tell you that Reliance Power, a company led by Anil Ambani, the younger …
Read More »Reliance Power will raise Rs 1525 crore through preferential issue, board approves
The Board of Directors of Reliance Power Limited on Monday approved a proposal to raise Rs 1,525 crore through a preferential issue. Under this, the promoters of Reliance Power will invest Rs 600 crore in it to further the business of the company. This proposal comes a few days after Reliance …
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