According to sources, Reliance Group Chairman sought to deny any involvement in the case, maintaining that all the financial decisions were taken by the internal board of his companies
Anil Ambani appeared before the ED in New Delhi for questioning in a Rs 17,000 crore bank loan fraud case. The probe includes alleged fund diversion, shell companies, and bribery involving Reliance Group entities under the Prevention of Money Laundering Act.
Hyderabad: The meticulously constructed ‘pure as white’ image that Prime Minister Narendra Modi donned for the past eight years seems all set to crumble with several skeletons smacking of favouritism towards the Ambani and Adani Groups tumbling out of the cupboard now. What is striking is that Modi’s foreign jaunts, touted by the ruling BJP […]
The Reliance Group has the largest family of retail shareholders in India, with around 33 lakh retail shareholders in Reliance Power, 9 lakh in Reliance Infrastructure and 8 lakh in Reliance Capital.
In a letter addressed to the Future Group employees, Biyani alleged that Amazon is running a concerted and coordinated media campaign and leaking misleading information.
Total financial indebtedness of the listed entity, including short-term and long-term debt and accrued interest, was Rs 20,379.71 crore at the end of December 2020,
