Global News for You – Top News – Current News
NEW DELHI: With ED summoning industrialist Anil Ambani for alleged loan fraud involving a massive sum, Congress hurled a “Rahul told you so” barb at BJP, asking whether PM Narendra Modi would answer the allegations made by Rahul Gandhi during the row over the Rafale purchase seven years ago. Congress spokesperson and MP Manickam Tagore…
Looks like trouble for Reliance Group chairman Anil Ambani would not ease soon, as Enforcement Directorate on Friday issued a lookout circular against him in connection with Rs 3,000-crore loan fraud case. Earlier today, ED had summoned him for questioning on August 5 in a money laundering case linked to alleged bank loan fraud against…
Reliance Group chairman Anil Ambani NEW DELHI: The Enforcement Directorate on Friday summoned industrialist Anil Ambani on August 5 in loan fraud case amid probe over bribery, unsecured loans allegations.Ambani, 66, has been asked to depose at the ED headquarters in Delhi as the case has been registered here, sources told news agency PTI.The agency…
NEW DELHI: The Enforcement Directorate (ED) on Thursday conducted searches at the premises of industrialist Anil Ambani in connection with an ongoing money laundering investigation.Sources told TOI that the case involves alleged laundering of approximately Rs 3,000 crore received as loans from Yes Bank between 2017 and 2019. The ED’s probe is based on a…
RCom is undergoing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The resolution plan was approved by the Committee of Creditors and filed with the National Company Law Tribunal, or NCLT, Mumbai, on March 6, 2020, and NCLT approval is awaited. The bank has also initiated the Personal Insolvency Resolution Process…
Anil Ambani. File. | Photo Credit: Reuters State Bank of India has classified Reliance Communications along with promoter director Anil D Ambani as ‘fraud’ and is also in the process of lodging complaint with CBI, Parliament was informed on Monday (July 21, 2025). The entities were classified as fraud on June 13, 2025 in accordance…
Anil Ambani. File | Photo Credit: PTI The Bombay High Court has imposed a cost of ₹25,000 on industrialist Anil Ambani for seeking an urgent hearing in a petition challenging a tax notice issued to him on April 12, 2022. Mr. Ambani had moved the High Court seeking an urgent hearing on March 27, challenging…
Industrialist Anil Ambani. File photo | Photo Credit: The Hindu Raising concerns over banks casual take in declaring bank accounts as defaulter or fraud, the Bombay High Court on Friday, issued notice to Union Bank of India (UBI) and the Reserve Bank of India (RBI) in response to a petition filed by industrialist Anil Ambani….
