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Reliance Power, Infarstucture and Home Finance shares fell heavilty after market regulator fined Promoter Anil Ambani for financial irregularities and barred him from Securities market for 5 years. 

Why Reliance Power, Infrastructure, Home Finance Are Falling Today

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The acquisition aligns with Adani&#39;s strategy to merge its coal-based power plant in Tiroda with the Butibori project, restart power generation and supply electricity to Mumbai and its neighbouring regions.

Adani Power Eyes Acquisition Of Reliance Power&#39;s 600-Megawatt Thermal Power Project: Report

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CFM ARC recently upped its offer to ₹1,220 crore, and Reliance Power revised its offer to ₹1,260 crore, with support from Varde Partners, which acquired a 15% equity stake in the firm by investing ₹930 crore in September last year.

Reliance Power Sweetens Debt Settlement Offer For Vidarbha&#39;s Lenders

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