CURRENT AFFAIRS

Detailed explanation-1: -18,615 crores (US$ 2.5 billion). The power plants are spread over an area of 2,400 acres. RattanIndia Power has appointed Brijesh Gupta as managing director, said a statement issued today.

Detailed explanation-2: -RattanIndia Power has appointed Brijesh Gupta as managing director, said a statement issued today. Gupta has over three decades of experience in the industrial sector, and has worked across the renewable, steel, mining and commodities sector in India and abroad.

Detailed explanation-3: -Indiabulls Power Ltd is a unit of Indiabulls Real Estate Ltd. The company focuses on developing constructing and operating power projects in India and internationally.

Detailed explanation-4: -Rajiv Rattan is the Founder of RattanIndia Enterprises Limited. An alumnus of IIT Delhi, Rajiv started his professional carrier with Schlumberger, one of the largest oilfield services company in the world.

Detailed explanation-5: -The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of RattanIndia Power Ltd is likely to Fall in the short term.