The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad in a money laundering probe linked to Reliance Power and businessman Anil Ambani. Around 15 teams searched 10–12 premises connected to the company and its executives
The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs 57.47 crore loss to Bank of Maharashtra. Searches are underway at company and director premises, while the ED also probes Reliance Power
Repayment to bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating. It will further strengthens Reliance Power's balance sheet as the company transitions its focus toward the renewable energy sector
Reliance board of directors approved a preferential issue of up to 59.5 cr equity shares and up to 73 cr warrants convertible into equivalent number of its equity shares, at an issue price of Rs 10 each by conversion of debt to listed promoter firm Reliance Infrastructure Ltd
