Reliance Power, which is hitting the market next week with an offering of nearly Rs 12,000 crore (Rs 120 billion), will set the trend for a slew of power IPOs from other companies including Sterlite Energy (Rs 4,000-8,000 crore or Rs 40 to Rs 80 billion), JSW Energy (Rs 4,000 crore or Rs 40 billion), JP Associates (Rs 4,000 crore or Rs 40 billion) which have already announced big share offer plans.
The Uttar Pradesh government claimed on Friday it had not acquired any land at Dadri in Ghaziabad district even as opposition members staged a walkout from the Assembly on the Reliance power project issue.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
Analysts attribute this outperformance to the government's proactive economic reform measures
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Reliance Energy Ltd is planning to buyback part of its equity shares from the market.
All of south Mumbai and parts of central Mumbai are without power on Tuesday after a unit of Tata Power tripped.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
As the Sensex continued with its record-breaking show, over 750 stocks hit one-year high levels on the Bombay Stock Exchange on Friday.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
If you have to make money in equities, you need to understand volatility and try to make it your friend, says P V Subramanyam
The company had received a loan restructuring package from banks under the 5/25 scheme last year.
With their balance sheets under stress, private companies have lost interest in them.
Prayas Jain has been arrested for allegedly buying secret documents.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Executives would analyse information and pass it to seniors.
Three IPO documents were recorded after the new govt took charge - Adlabs, Lavasa Corp and Monte Carlo Fashions.
'At the Asian Games I had a dream, to stand on the podium and have the tri-colour hoisted.' 'I missed one thing in Jakarta -- the national anthem being played.' 'I hope to make it happen at the Olympics by winning gold.'
The good news for the group has come from the port business.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
