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Today i.e. on March 6, ED raided the premises associated with industrialist Anil Ambani and his company Reliance Power. This action was taken simultaneously at 10 to 12 locations in Mumbai and Hyderabad. 15 teams of ED have conducted this raid on allegations of money laundering. According to the reports published in The Hindu and…
No news Business Business News Update Share Market Gold Silver All Time High, Reliance Power New Delhi30 minutes ago copy link Yesterday’s big news was related to Reliance Power. The Enforcement Directorate (ED) arrested Ashok Kumar Pal, Executive Director and Chief Financial Officer (CFO) of Reliance Power Limited. There was a significant increase in the…
New Delhi: Following reports of the ED probe allegedly linked to money laundering case against Reliance Anil Ambani Group (RAAGA) Companies, Reliance Power and Reliance Infrastructure have informed the stock exchange that it has on impact on business operations. Reliance Power and Reliance Infrastructure are Anil Ambani-owned Group companies. In an exchange filing, Reliance Power…
New Delhi7 minutes ago Copy link Reliance Power recorded a consolidated net profit of ₹ 126 crore in the January-March quarter of FY 25. Anil Ambani’s company Reliance Power’s stock rose about 7% on Monday (June 2) on Monday. The company’s stock opened at Rs 58.64 in early trade. The stock then made a 52-whee…
Mumbai49 minutes ago Copy link Reliance Power recorded a consolidated net profit of ₹ 126 crore in the January-March quarter of FY 25. Anil Ambani’s company Reliance Power’s share rose about 16% on Friday (May 30) on Friday. The company’s stock opened at Rs 52.52 in early trade. The stock then made a 52-whee and…
Mumbai37 minutes ago Copy link Reliance Power 500 MW (MW) project will develop in a 50:50 joint venture in collaboration with Bhutan company. It will cost around 2000 crores. Anil Ambani’s company Reliance Power’s share rose about 19% on Friday (May 23) on Friday. The company’s stock opened at Rs 45 in early trade and…
Anil Ambani’s company Reliance Power has suffered a big blow from Solar Energy Corporation of India i.e. SECI. SECI has barred Reliance Power from bidding in future tenders. After this ban, the company will now be prohibited from bidding in any tender for three years. This ban has been imposed due to fake documents being…