Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly submitting fake bank guarantees. SECI discovered that the bank guarantee submitted by Reliance NU BESS was fake and has barred the companies from participating in its tenders for three years.
Mutual fund NFOs: 3 new funds will open for subscription this week
Three mutual fund NFOs—two ETFs and one flexi cap—are opening this week. Investors should evaluate based on risk appetite, goals, and time horizon before subscribing