Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
FIR is based on a complaint by SBI, which had flagged the account of Reliance Communications as fraudulent. The bank has an exposure of around Rs 3,000 cr in the firm.
Sandeepa Virk has been arrested on charges of engaging in illicit liaison work with Angarai Natarajan Sethuraman of Reliance Group, which is facing a money laundering probe.
SEBI, SBI have raised several red flags over alleged fund diversion, questionable accounting and round-tripping by entities linked to the Reliance Group and its chairman.
Reliance Group chairman asked to appear at ED headquarters in New Delhi for recording statement. ED's money laundering probe is based on two cases lodged by CBI in September 2022.
ED probe stems from two CBI cases lodged in September 2022 against Rana Kapoor and Reliance Commercial Finance Limited and Reliance Home Finance Limited.
According to regulatory filing, Rcomm got Rs 31,580 cr in bank loans, but a Fraud Committee of the bank found misuse involving complex fund transfers across multiple group entities.
Joint venture will offer comprehensive maintenance, repair and overhaul (MRO), upgrade and lifecycle support services for a range of Indian military assets.
New Delhi: Reliance Defence Limited (Reliance Defence), promoted by Reliance Infrastructure Limited, announced Wednesday it has secured an export order worth Rs 600 crore...
Following an investigation, SEBI found several serious discrepancies and lapses in the way Ambani’s company Reliance Home Finance had disbursed loans, including to related parties.
The 'ghuspaithiya' narrative is being whipped up precisely when illegal immigration has actually diminished. Like most BJP-RSS ideas, it’s just an unimaginative Right-wing trope.
With non-leather products driving global footwear demand between 2020 and 2024, India’s global market share stood at 1.85% in 2024, says a NITI Aayog report.
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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