 "Reliance Power plans to raise ₹1,524.60 crore through a preferential issue, bolstering its net worth and expanding operations.")
Reliance Power is looking to raise Rs 1,524.60 crore through a preferential issue, pending shareholder approval. The company plans to issue up to 46.20 crore equity shares and convertible warrants at Rs 33 each. This move aims to boost its net worth from Rs 11,155 crore to over Rs 12,680 crore. The board’s decision, made ...
 "The CCI gains new powers to issue show cause notices and close cases, enhancing transparency in anti-competitive investigations.")
The Indian government has updated the competition law, allowing the Competition Commission of India (CCI) to issue show cause notices during investigations. This change, effective from September 19, 2024, means CCI can now inform parties of any alleged contraventions and give them a chance to respond before making a final decision. Previously, if the Director ...
Electric vehicle batteries have been criticized for their environmental impact, but a new study from NPR shows that gas cars are still worse for the environment. Learn more about the latest findings on the harmful effects of EV batteries in this informative report. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll ...
