Anil Ambani Group´s Reliance Power has managed a clean and quick exit from the 4,000 MW Tilaiya mega power project in Jharkhand. A little over six months after serving a notice for termination of the power purchase agreement for the project, Reliance Power has done an out-of-court settlement with distribution utilities of 10 states.
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SBI inks deal with Reliance Money Infra
State Bank of India (SBI) has signed up Reliance Money Infrastructure (RMIL), an Anil Ambani Group company, in a 'business correspondent' deal to source a range of banking services.