Saturday, July 12, 2008

REL becomes REL INFRA becomes REL POWER ??

OK .. so we all know that Reliance Energy first moved some of its Power Generation projects to Reliance Power (much to the 'disgust' of REL's shareholders).

Then it changed its name from Reliance Energy to Reliance Infrastructure.

Now, it seems (as per this news item from The Hindu) that the 'electricity' business of (erstwhile) Reliance Energy .. has gone to Reliance Power ???

..and all this while our own MERC fiddles a la Nero ...while we burn (the candles...)

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