Controversy over Reliance Power IPO
Like in every high profile IPO, queries about the issue start pouring in way before the issue even got a clearance from the regulator. While it is left to the regulator to take a stand, a retired Judge of the Punjab High Court wrote a letter to SEBI questioning setting up of another company called Reliance Public Utilities Limited or RPUL which is key to Anil Ambani's holding in Reliance Power.
