Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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This means access to other articles (outside the subscription period) are not included.
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Reliance infra promoter equity has been attached. Anil Ambani exercised control over Rpower thru RInfra. Sooner or later, the RInfra equity in RPower will need to be sold, as RInfra doesn’t have anything worthwhile apart from the stake in RPower and 2 Delhi Discoms. It would be ideal if these are sold to groups like Adani, Torrent, Vedanta or any other so that the true financials get visible.
Apart from these 3 assets, all that is left is arbitration awards, under dispute, or failed businesses; and 6-8000 crore of restructured loans to CLE (formerly Sonata Investments, a promoter group company).
But to make this assets saleable at fair value, the need is to ensure RPower and Delhi Discoms to be handed over to professional management with no scope of Anil Ambani exerting any influence. And by all means let Adani take them over, if they emerge as the highest bidder in a competitive bid.
If these companies remain under Anil Ambani, sooner or later they will also shut down, and default on more bank loans.