Reliance Power Ltd

We zoom in on the prospects of Wipro, as also the prospects of two other stocks — Kotak Mahindra Bank and Reliance Power

Total income nudged up 4 per cent year-on-year to ₹1,936 cr as against ₹1,859 cr in the year ago period

Sources said the out-of-court settlement is likely to have been done at around the principal amount of ₹300 cr

The company has one of the largest portfolios of power projects in the private sector, based on coal, gas, hydro and renewable energy

Rahul Sarin is appointed as Additional Director in capacity of Independent Director on the company boards

Reliance Natural Resources had defaulted on a ₹526 crore loan it took of Rs 526.1 crore taken from DHFL

The issue to promoter company Reliance Infrastructure will help reduce debt by ₹1,325 crore

Export of equipment to Bangladesh to fetch ₹1,500 cr

Investors will either take over the debt for an equity or refinance the same at a lower rate

Reliance Power board approves preferential issue of shares and warrants to Reliance Infra

To repay ₹3,000-crore debt by this month-end