Anil Ambani-led Reliance Power and its subsidiary, Reliance NU BESS, have been barred by SECI from participating in tenders for three years. This follows the submission of a “fake” bank guarantee document during a solar project bid. SECI discovered the discrepancy after the e-Reverse Auction, leading to the tender’s cancellation.
ETMarkets Smart Talk | Fixed income remains relevant, but corporate bonds favoured: Joseph Thomas
Emkay Wealth Management suggests shifting focus to corporate bonds and credit risk funds for better yields as gilt fund rallies peak. The Indian market shows