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Top Gainers & Losers on Mar 27: Godfrey Phillips, Reliance Power, PG Electroplast, UCO Bank, Paytm among top losers
On March 27, Indian stocks declined as crude prices rose and bond yields surged, leading to a fifth consecutive week of losses. The Nifty 50 and Sensex fell significantly, with PSU banks experiencing notable losses amid fears of fiscal sustainability.
cityfalcon.com·8d ago
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India's largest-ever IPOs ahead of Ambani's Jio offering
… Indian IPOs of all time before Jio Platforms IPO : Hyundai … component alongside a fresh issue. The IPO was the largest-ever by a non … rupees in October 2025. The IPO was oversubscribed 54 times - … heavily subscribed major Indian IPO since Reliance Power…
cityfalcon.com·11d ago
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FIR filed against ADAG companies on Axis complaint
Mumbai Police have registered an FIR against Reliance Commercial Finance, Reliance Infrastructure, Reliance Power, and ADAG promoters following a complaint by Axis Bank. The case, involving allegations of financial irregularities and fund diversion, stems from a preliminary inquiry and a forensic audit. While Axis Bank quantified the principal sacrifice at ₹38.95 crore, police are investigating transactions exceeding ₹1,800 crore.
cityfalcon.com·23d ago
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ED raids entities linked to Reliance Power Ltd
The Enforcement Directorate (ED) raided locations linked to Anil Ambani and Reliance Power Ltd. The agency cited financial irregularities and money laundering. Reliance Power denied any raids on its premises. Ambani has been questioned twice, and his Mumbai residence was previously attached.
cityfalcon.com·29d ago
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ED raids entities linked to Anil Ambani, Reliance Power denies action
The ED said its specialised teams conducted searches at 10-12 sites across Mumbai, focusing on both registered offices and residential premises linked to companies in the Reliance group, particularly the power utility sector
cityfalcon.com·29d ago
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