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: Diwan Arun Nanda, one of India’s most iconic advertising leaders and co-founder of Rediffusion, passed away on Saturday at the age of 76. His funeral will be held on Sunday, September 7, at Worli Crematorium in Mumbai at 11 a.m. An alumnus of IIM Ahmedabad, Nanda was the institute’s first gold medallist from its...
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...