SEC said the endorsement of the bank guarantee against earnest money deposit, issued by a foreign bank, was fake. The tender was finally cancelled ...
To recall, Rosa Power had earlier in prepaid Rs 833 crore to Varde Partners. Rosa Power, operates a 1,200 MW coal-based thermal power plant in Rosa village near Shahjahanpur, Uttar Pradesh.
Indian markets market continued to remain under pressure as Foreign Portfolio Investors (FPIs) remained continuous sellers.
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Reliance Power's subsidiary, Rosa Power Supply Company, has cleared its debt by prepaying Rs 485 crore to Varde Partners. This follows a previous prepayment of Rs 833 crore, making Rosa Power ...
During this period, the company had a loss of Rs 296.31 crore. About a month ago, Reliance Power had approved a plan to raise Rs 4,198 crore through foreign currency convertible bonds (FCCBs) to be ...
In June last year, SP Group entity Goswami Infratech raised Rs 14,300 crore through rupee-denominated zero-coupon ...
In response to the SECI order, Ambani-led Reliance Power has clarified that the company and its subsidiaries acted bonafidely ...