Reliance Group chairman files an affidavit, saying he will not leave India without top court's nod. He adds he 'wasn't involved in day-to-day management/ops' of accused companies of group.
Anil Ambani cannot leave country without court's permission. SC bench asks ED to set up an SIT; CBI and ED directed to submit status reports on investigation every month.
According to excerpts made public by US DoJ, Ambani travelled to the US in May 2019 to meet Epstein. Earliest purported exchange between them dates back to February 2017.
CBI has booked Anil Ambani’s son on Union Bank of India’s complaint against his finance firm that caused alleged loss of Rs 228 crore. Raids were conducted Tuesday.
ED money laundering probe found lapses & regulatory violations by at least 3 group companies once managed by Anil Ambani, including RCom. Prosecution complaint against Anil Ambani imminent.
Enforcement Directorate arrests CFO of Reliance Power subsidiary, chartered accountant with 25 years experience, for allegedly colluding to provide fake bank guarantees for his employer.
Court dismissed Ambani’s plea for a personal hearing, saying that SBI had provided him adequate opportunity to explain his case in line with RBI and Supreme Court directions.
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.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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