South Asian Business news and information

The IPO of Reliance Power created a lot of interest among investors a few weeks ago. It was hailed as the largest IPO in the history of India. Reliance Power had no problem to get nearly $2.9 billion from the market. In fact, this amount of money was raised within a very short time.

Investors were very happy at first and many of them thought that they had struck gold as Reliance Power is a famous company in India. Well, things did not go that good and today, many investors are disappointed and the shares of Reliance Power suffered a huge setback.

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