The Enforcement Directorate has attached assets worth Rs 3,034.90 crore in a bank fraud probe involving Reliance Communications and Anil Ambani. The action under PMLA includes properties in Mumbai, Khandala and Ahmedabad, along with company shares. The case relates to alleged loan diversion and money laundering involving dues exceeding Rs 40,000 crore.

New Delhi [India], April 22 (ANI): The Rouse Avenue court has denied granting interim bail to Punit Garg, the former Director of Reliance Communications (RCom) Ltd., on medical grounds. He is an accused in an alleged money laundering case of Rs. 40000 crores. He sought interim bail to undergo some medical examination and treatment at a private hospital. Before his arrest, he was treated at Kokilaben Dhirubhai Amb

New Delhi [India], April 20 (ANI): The Central Bureau of Investigation (CBI) has arrested two senior executives, D Vishwanath and Anil Kalya of Reliance Communications (R. Com) controlled by Anil D Ambani. According to an official release, it may be recalled that CBI had registered a Regular Case against Reliance Communications Limited, Anil D Ambani and unknown others, on the complaint of State Bank of India (SB

CBI Arrests Two Executives of Reliance Communications in Rs.2,929 Crore Loan Fraud Case The Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications (RCom), a company controlled by Anil Dhirubhai Ambani , in connection with an ongoing Rs2,929 crore loan fraud case linked to State Bank of India (SBI). The arrested individuals have been identified as Senior Executives D. Vishwanath and Anil Kalya. The action comes as part of a broader investigation initiated following a complaint filed by SBI on August 18, 2025. SBI is the lead bank in a consortium that extended loans to the company, which also includes Bank of India , Union Bank of India , Canara Bank , and IDBI Bank , among others. According to the CBI, the case is based on findings from a forensic audit report, which alleges large-scale diversion and misuse of loan funds between 2013 and 2017. Investigators claim that the borrowed funds were routed through various group entities instead of being used for their intended purposes.

Reliance Communications Limited ( ($IN:RCOM) ) has shared an announcement. Reliance Communications has disclosed that India’s Adjudicating Authorit...

Prime Minister Narendra Modi on Wednesday greeted the people of Odisha on Utkala Dibasa in a letter to Chief Minister Mohan Charan Majhi, hailing the state’s rich cultural heritage, historic legacy and rising role in India’s growth story, while paying special tribute to former Chief Minister Biju Patnaik as a symbol of courage and an […]

The CBI has registered a case against Reliance Communications, Anil Ambani, and others for allegedly causing a ₹3,750 crore loss to LIC. The agency claims LIC was misled into investing ₹4,500 crore in NCDs through false financial claims. A forensic audit flagged fund diversion, fictitious transactions, and inflated assets. Investigation is underway.

New Delhi [India], March 28 (ANI): The Rouse Avenue court on Saturday listed for consideration the Enforcement Directorate (ED)'s prosecution complaint (chargesheet) filed against Punit Garg, the former Director of Reliance Communications (RCom) Ltd., in an alleged money laundering case worth Rs 40000 crores. Garg was arrested by the ED in January 2026, the ED filed the chargesheet on Friday. This chargeshe

By Dhiraj Beniwal New Delhi [India], March 27 (ANI): The Enforcement Directorate (ED) has filed a Prosecution complaint (Chargesheet) against Punit Garg, the former Director of Reliance Communications (RCom) ltd in an alleged money laundering case of Rs. 40000 crores. The ED has filed the charge sheet in the Rouse Avenue court. This charge sheet has been marked for Special Judge Ajay Gupta for hearing tomor