In your interest.
Online Personal Finance Magazine
No beating about the bush.
Today’s increased value of an existing power company, REL, comes from the value that another power company, RPL, which will create value tomorrow!
The stock price of Reliance Energy Ltd. (REL) has gone up from Rs777 to Rs1,852, a 138% rise in less than three months. What has caused this instant value creation? Strangely, it has nothing to do with REL at all. It has everything to do with a...
Global water business is becoming localised and private equity has stepped in. One Indian company is poised to take advantage of it.
The municipal corporation of Mumbai is going ahead with a plan to study the problems of water supply such as the quantum of water lost due to old, leaking pipes and pilferage, unaccounted flow of water, inequitable distribution and limited supply. Critics...
The Securities and Exchange Board of India (SEBI) is again set to tweak the rules regarding the ‘face value’ of equity shares - mainly to correct a special favour shown to the issue of Purvankara and to help promoters such as Reliance Power and maybe even the Bombay Stock Exchange (BSE). The rules currently state that an unlisted company planning an initial public offering (IPO) can have a...