Mumbai: The Central Bureau of Investigation (CBI) on Thursday filed chargesheets in two cases linked to alleged fraudulent transactions between Anil Ambani-led ADA Group companies — Reliance Commercial Finance Ltd (RCFL) and Reliance Home Finance Ltd (RHFL) — and Yes Bank, along with entities controlled by former Yes Bank MD & CEO Rana Kapoor and...
Mumbai: The Central Bureau of Investigation (CBI) has registered an FIR against Reliance Communications Ltd (RCOM), its director Anil D. Ambani, and others following a complaint by the State Bank of India (SBI) over an alleged loan fraud of ₹2,929.05 crore. According to the FIR, RCOM engaged in inter-company loan transactions amounting to ₹2,219 crore,...
Mumbai: The Central Bureau of Investigation (CBI) is carrying out searches at premises linked to industrialist Anil Ambani in connection with an alleged ₹2,000 crore bank fraud case, officials confirmed on Saturday. The agency stated that the raids followed the registration of a formal case but did not provide further details. The development comes amid...
CHENNAI: On Thursday, the Enforcement Directorate (ED) conducted raids at more than 35 locations, involving 50 companies and approximately 25 individuals associated with Anil Ambani’s Reliance Group. This action was taken under Section 17 of the Prevention of Money Laundering Act (PMLA) in relation to an alleged loan scam worth Rs 3,000 crore linked to...