News for 'Reliance Power'

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Rediff.com16 Apr 2026

Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.

ED Raids Reliance Power Offices in Money Laundering Case

ED Raids Reliance Power Offices in Money Laundering Case

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of a money laundering investigation against Reliance Power Ltd., a group company of businessman Anil Ambani.

ED Searches Reliance Power Premises in Mumbai, Hyderabad

ED Searches Reliance Power Premises in Mumbai, Hyderabad

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of Anil Ambani, concerning alleged money laundering and financial irregularities.

Anil Ambani aide and Reliance Power executive arrested by ED

Anil Ambani aide and Reliance Power executive arrested by ED

Rediff.com11 Oct 2025

The case pertains to a bank guarantee of Rs 68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, a listed company, which was found to be "fake".

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

ED Intensifies Probe, Attaches 581 Crore in Reliance Group Assets

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Reliance navigates volatile oil markets with agile sourcing, operational tweaks

Rediff.com27 Apr 2026

India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

ED Files Chargesheet Against Former Reliance Communications President in Loan Fraud Case

Rediff.com27 Mar 2026

The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.

Delhi ITIs to Get High-Tech Labs for Electric Vehicle and Power Electronics Training

Delhi ITIs to Get High-Tech Labs for Electric Vehicle and Power Electronics Training

Rediff.com16 Apr 2026

The Delhi government is set to equip its industrial training institutes (ITIs) with advanced labs to train young people in power electronics, electric vehicles, and the automotive sector, aiming to create a skilled workforce ready for industry demands.

Patriot Review: Mammootty-Mohanlal's Power-Packed Combo In A Grounded Thriller

Patriot Review: Mammootty-Mohanlal's Power-Packed Combo In A Grounded Thriller

Rediff.com2 May 2026

Mahesh Narayanan's Patriot is a cerebral spy thriller that delves into the weaponisation of digital surveillance against civilians and the targeting of whistleblowers, featuring Mammootty, Mohanlal, and Fahadh Faasil.

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Why Supreme Court Deferred Hearing In Anil Ambani Group Fraud Case

Rediff.com30 Apr 2026

The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.

Reliance Retail, India's Largest Unlisted Company

Reliance Retail, India's Largest Unlisted Company

Rediff.com25 Feb 2026

Among the fastest-growing companies by revenue were Tata Electronics, which posted a staggering 3,173% CAGR, followed by Tata Passenger Electric Mobility at 904% and JSW One Platforms at 522%.

FIFA World Cup on the brink: India, China yet to secure broadcast deal

FIFA World Cup on the brink: India, China yet to secure broadcast deal

Rediff.com6 days ago

Millions of soccer fans in the world's two most populous nations may not be able to watch the World Cup that starts next month, due to a deadlock over broadcast rights in India and no official decision in China.

China says it can build 50 nuke reactors at once amid West Asia conflict

China says it can build 50 nuke reactors at once amid West Asia conflict

Rediff.com24 Apr 2026

China is significantly expanding its nuclear power sector, aiming to become a global leader by 2030. The country has the capacity to construct up to 50 nuclear reactors simultaneously, reducing reliance on fossil fuels.

Gulf War Crisis: Why India Will Take A Huge Hit

Gulf War Crisis: Why India Will Take A Huge Hit

Rediff.com1 hour ago

This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.

New Solar-Powered Method Could Revolutionise Sustainable Aviation Fuel Production

New Solar-Powered Method Could Revolutionise Sustainable Aviation Fuel Production

Rediff.com30 Mar 2026

Researchers at the University of Sheffield have developed a novel method for producing sustainable aviation fuel (SAF) using concentrated solar energy and captured CO2, potentially reducing reliance on used cooking oil.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com23 Mar 2026

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Pixxel And Sarvam Partner To Launch Orbital Data Centre

Rediff.com6 days ago

US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

India's Outward FDI Jumps 27.5% to $7.06 Billion in March

Rediff.com21 Apr 2026

India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Rediff.com4 days ago

Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.

Assam Verdict: Why BJP Won, Congress Lost

Assam Verdict: Why BJP Won, Congress Lost

Rediff.com6 days ago

'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'

Why govt cannot disclose Russian oil import data

Why govt cannot disclose Russian oil import data

Rediff.com26 Apr 2026

The Petroleum Planning and Analysis Cell (PPAC) has denied an RTI request for data on oil imports from Russia, citing its 'commercial and confidential' nature and exemptions under the RTI Act. The Central Information Commission supported this decision, referencing strategic and economic interests.

'One Operation Sindoor Won't End Terror'

'One Operation Sindoor Won't End Terror'

Rediff.com1 days ago

'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'

Decoding West Bengal verdict: BJP grew as TMC's organisation shrank

Decoding West Bengal verdict: BJP grew as TMC's organisation shrank

Rediff.com5 days ago

The TMC's defeat in West Bengal signals an institutional breakdown, highlighting the collapse of its organisational core and raising questions about its sustainability beyond its top leadership.

Experts Urge Ethical AI Governance and Indigenous Development for India

Experts Urge Ethical AI Governance and Indigenous Development for India

Rediff.com1 Apr 2026

Experts at a discussion in Delhi emphasised the importance of ethical governance and indigenous capability in India's pursuit of becoming a global artificial intelligence power, ensuring technology serves the public good and maintains strategic autonomy.

Judicial Independence Must Include Freedom From Algorithmic Influence: Justice

Judicial Independence Must Include Freedom From Algorithmic Influence: Justice

Rediff.com18 Apr 2026

Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era includes freedom from algorithmic influence, emphasising that AI should only assist judges, who must ultimately decide based on constitutional values and human judgment.

Raghu Rai: The Genius Who Captured India For Eternity

Raghu Rai: The Genius Who Captured India For Eternity

Rediff.com28 Apr 2026

He was childlike with a camera in his hands -- not nave, but wonderstruck, as though the world were always on the verge of delivering something unrepeatable. Pulitzer Prize nominee Namas Bhojani recalls his long association with Raghu Rai, the legendary photographer who passed into the ages on Sunday.

Why Judicial Independence Must Evolve In The Age Of AI

Why Judicial Independence Must Evolve In The Age Of AI

Rediff.com18 Apr 2026

Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era is not just freedom from external power, but also from algorithmic influence, while speaking at a conference in Bengaluru.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Paras Defence Partners with Northstar for Air-to-Air Refuelling Tech for Indian Military

Paras Defence Partners with Northstar for Air-to-Air Refuelling Tech for Indian Military

Rediff.com16 Apr 2026

Paras Defence and Space Technologies partners with Northstar Aviation to provide air-to-air refuelling technologies and support services to the Indian armed forces, enhancing mission endurance and operational flexibility.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

Jio Financial formalises general insurance foray with Allianz

Jio Financial formalises general insurance foray with Allianz

Rediff.com23 Apr 2026

Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.

Justice Nagarathna: Judiciary Must Be Free From Algorithmic Influence

Justice Nagarathna: Judiciary Must Be Free From Algorithmic Influence

Rediff.com18 Apr 2026

Supreme Court judge Justice B V Nagarathna has cautioned against the over-reliance on Artificial Intelligence (AI) in the judiciary, emphasising the need for judicial independence from algorithmic influence. She stressed that AI should only serve as a tool and not replace human judgement, which is guided by legal reasoning, constitutional values, and a deep sense of justice.

IPL 2026: 3 Defeats! What's Wrong With PBKS?

IPL 2026: 3 Defeats! What's Wrong With PBKS?

Rediff.com4 days ago

Punjab Kings looked unstoppable after seven straight wins, but three defeats on the bounce have flipped the mood.

Indian Air Force to set up Tejas engine maintenance facility with GE Aerospace's help

Indian Air Force to set up Tejas engine maintenance facility with GE Aerospace's help

Rediff.com13 Apr 2026

The Indian Air Force (IAF) is establishing a maintenance facility for GE Aerospace's F404-IN20 jet engines, which power the Tejas light combat aircraft, with technical support from GE Aerospace. This initiative aims to enhance India's indigenous defence capabilities and reduce reliance on overseas repair centres.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com6 days ago

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

Rediff.com3 Apr 2026

INOX Air Products has commissioned a new ultra-high purity liquid oxygen facility in Hosur, Tamil Nadu, to support India's growing semiconductor and solar manufacturing sectors, reducing reliance on imports.

'Bihar May Follow Gujarat Template'

'Bihar May Follow Gujarat Template'

Rediff.com20 Apr 2026

'Samrat Chaudhury's limited independent standing within the party, his reliance on the central leadership for his elevation, and his lack of a personal mass base all point toward this outcome.'

Why Does US Want Pakistan To Mediate With Iran?

Why Does US Want Pakistan To Mediate With Iran?

Rediff.com28 Apr 2026

The United States' historical strategic alignment with Pakistan, dating back to the Cold War, has consistently aimed to create a political and military parity with India, despite India's significantly larger size and resources. This long-standing relationship continues to influence regional dynamics, particularly in West Asia and the Indo-Pacific.

Near-term growth, margin triggers missing in Wipro's Q4 results

Near-term growth, margin triggers missing in Wipro's Q4 results

Rediff.com26 Apr 2026

Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.