Disagree with ICRA's rating revision, it has not 'appropriately factored in facts': Reliance Power
• 6 years agoICRA cited deterioration in the company's financial position coupled with its stretched liquidity profile for the rating revision
Anil Ambani-led Reliance Capital calls PWC's observations about its accounts 'completely baseless and unjustified'
• 6 years agoReliance Capital and Reliance Home Finance said that Price Waterhouse & Co Chartered Accountants (PWC) resigned as auditor of both the companies
Anil Ambani claims to have repaid Rs 25,000 cr in past 14 months, says committed to meet debt obligations
• 6 years agoSeeking to allay investor concerns after stocks of his group firms took a beating on the bourses, Reliance Group Chairman Anil Ambani on Tuesday said his group is committed to meet all payment obligations in a timely manner and has already serviced debt worth Rs 35,000 crore in last 14 months
Reliance Power shares plunge nearly 24% post Q4 results; other group stocks tumble too
• 6 years agoShares of Reliance Power tumbled nearly 24 percent on Monday after the company reported a loss of Rs 3,558.51 crore for the quarter ended 31 March
Bombay High Court asks Reliance Power, Edelweiss Group to try resolve dispute over pledged shares amicably
• 6 years agoThe Bombay High Court on Tuesday suggested Reliance Power and Edelweiss Group to resolve their dispute over sale of pledged shares amicably while posting the matter for hearing after two weeks
Reliance Group stocks under pressure; slip up to 4.3% on Supreme Court order against Anil Ambani in Ericsson case
• 6 years agoShares of Reliance Group companies on Wednesday closed 4.3 percent lower after the Supreme Court held chairman Anil Ambani and two other senior officials guilty of contempt of court.
Anil Ambani-led Reliance Group stocks under pressure; tank up to 10.3% on Supreme Court contempt ruling
• 6 years agoShares of Reliance Group companies tumbled up to 10.3 percent on Wednesday after the Supreme Court held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying Rs 550 crore dues to telecom equipment maker Ericsson
RPower promoters aim Rs 2,500 cr from stake sale, plans to offload 18-19% shares; J P Morgan appointed as banker
• 6 years agoPart of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.
Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September
• 6 years agoReliance Group will pay the principal and interest amounts to the lenders as per the scheduled due dates
Anil Ambani-led Reliance Power asks Sebi to immediately ban Edelweiss Group from capital markets
• 6 years agoAnil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging "illegal and market disruptive activities" to cause a steep plunge in the company's share price