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The Enforcement Directorate has arrested Amitabh Jhunjhunwala and Amit Bapna, former senior executives of the Anil Ambani-led Reliance Group, in connection with an alleged bank loan fraud and money laundering case. The arrests have been made under the Prevention of Money Laundering Act.

The Enforcement Directorate (ED) has summoned Reliance Group chairman Anil Ambani for questioning on February 26 after he skipped his scheduled appearance earlier this week. His wife, Tina Ambani, has sought adjournments twice and failed to appear on her designated dates.

The Enforcement Directorate questioned Jai Anmol Ambani for the second consecutive day in a money laundering probe linked to an alleged Yes Bank loan fraud. His statements were recorded under the PMLA as part of the ongoing investigation

The Enforcement Directorate questioned Yes Bank co-founder Rana Kapoor in connection with a money laundering probe involving Reliance Anil Ambani Group companies, suspecting a quid pro quo linked to high-value bank exposure and investments that later turned non-performing

The Enforcement Directorate has attached fresh assets worth Rs 1,120 crore belonging to Reliance Group companies linked to Anil Ambani, including the Reliance Centre in Mumbai and 231 plots of land in Chennai. With this latest move, the total value of assets attached from the Reliance Group has climbed to Rs 10,117 crore under the Prevention of Money Laundering Act.

The Enforcement Directorate has attached assets worth Rs 1,120 crore in its money-laundering probe against Anil Ambani’s Reliance Group, including the Reliance Centre in Mumbai and multiple properties, deposits and investments. Total attachments in related fraud cases now stand at ₹10,117 crore

The Enforcement Directorate has attached assets worth over Rs 1,400 crore in its latest action against Anil Ambani and his companies in a money laundering case. This follows earlier attachments of Rs 7,500 crore under the Prevention of Money Laundering Act

The ED has summoned Anil Ambani on November 14 in a money laundering case involving Reliance ADAG group firms. The agency recently attached assets worth ₹4,462 crore, alleging diversion of ₹40,000 crore in loans across group entities.

The Enforcement Directorate has attached assets worth Rs 3,084 crore linked to Anil Ambani, his group companies, and related entities under the PMLA in a money laundering probe involving alleged diversion of public funds and loan irregularities exceeding Rs 17,000 crore

Cobrapost has alleged that the Anil Ambani-led Reliance Group diverted Rs 28,874 crore using shell companies and offshore entities across multiple countries. The report claims funds were routed through subsidiaries and SPVs before being written off. The group denied the allegations

The Enforcement Directorate has arrested Ashok Pal, CFO of Reliance Power, part of Anil Ambani’s Reliance Group, under the PMLA in a money laundering case linked to alleged multi-crore bank frauds. The ED continues its probe into the group companies.

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.

Total expenses including fuel and finance costs came down to Rs 1,648 crore from Rs 2,334 crore in Q4 FY20.

Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by SEBI

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,