Reliance Power falls 8% on stake sale to VFSI Holdings
Reliance Power to sell a 15% stake in the company to VFSI Holdings at an issue price of ₹15.55 per share, aggregating to ₹933 crore.
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Why are Reliance Infra, Reliance Power shares under pressure today?
Reliance Infrastructure and Reliance Power nosedived up to 9% in tandem with a 0.8% fall in the BSE Sensex.
Why Anil Ambani resigned as director of Reliance Power, Reliance Infra
Anil Ambani stepped down from the boards of directors of both Reliance group companies after SEBI banned him from associating with any listed company.
This loss-making stock of Anil Ambani's Reliance Group surged 300% in one year; here's why
The share of this Anil Ambani Group company has rallied despite reporting net losses in the last four quarters.
How ZEE’s Punit Goenka bailed out of an imminent ouster
Apart from Sony, ZEE was also in talks with Reliance for a strategic investment deal
Cos bank on M&As to deliver shareholder returns
Indian companies are overhauling their portfolios through M&As by betting on digital, renewables, electric vehicles, consumer and fintech, say analysts at Bain & Company
Ambani to invest in Gates funded battery co Ambri
Ambri Inc. in talks to provide liquid metal battery technology to Reliance for large scale battery manufacturing in India.
The troika that pulls Reliance
While Jio, O2C and Retail are the three horses now, it may soon have another one with more power: renewable energy.
The movers and shakers of 2020
2020 was the year of disruption. But it also underlined the resilience of Indian enterprise. The January 2021 issue, therefore, chronicles some of the past year’s game-changing corporate events.
Being Nita
Nita Ambani is putting in place entrepreneurial and philanthropic projects of global scale. That makes her an inspiration for millions of Indians.
