New Delhi: The Central Bureau of Investigation (CBI) has registered a case against Anil Ambani’s Reliance Communications (RCOM) and its executives for allegedly defrauding banks to the tune of ₹2,000 crore. The investigating agency also carried out searches at multiple premises linked to the company on Saturday. According to officials, the action comes after the Read More…
Anil Ambani’s Reliance Group is set to make a substantial investment of approximately $1 billion (around ₹8,300 crore) in Bhutan’s renewable energy sector. This ambitious initiative includes the development of a 1,270 MW capacity project, featuring a 500 MW solar plant and a 770 MW hydroelectric project, in partnership with Bhutan’s Druk Holding and Investments Read More…
Reliance Infrastructure Ltd (RInfra), led by Anil Ambani, has made significant strides in reducing its debt, slashing it by 87% from ₹3,831 crore to ₹475 crore. This was achieved through the repayment of dues to major lenders like Life Insurance Corporation (LIC), ICICI Bank, and Edelweiss. The move has boosted the company’s net worth to Read More…