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HC dismisses Anil Ambani's plea against SBI classification of his account as fraud
Mumbai: The Bombay High Court on Friday dismissed a petition filed by industrialist Anil Ambani challenging the State Bank of India's (SBI) decision classifying his and Reliance Communications'...
cityfalcon.com·19d ago
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Bombay high court dismisses Anil Ambani plea against SBI’s ‘fraud’ classification of RCOM loan a/c
Mumbai: Bombay high court on Friday dismissed a writ petition filed by Anil Ambani (66) against the State Bank of India (SBI), challenging its decisio.
cityfalcon.com·19d ago
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ED initiates fresh probe against Anil Ambani, RCom in SBI fraud case
​Anil Ambani's Cuffe Parade residence in Mumbai was searched for the first time by CBI on Aug 23, two days after it had registered the FIR in the alleged SBI bank fraud case. After the searches, CBI had claimed that the accused misappropriated funds by entering into transactions in violation of terms and conditions of sanction of credit facilities.
cityfalcon.com·1mo ago
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Anil Ambani, RCom's Loan Accounts Declared 'Fraud' By Bank Of Baroda
In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.
cityfalcon.com·2mo ago
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Reliance Power, Reliance Infrastructure shares hit lower circuit limits
Teams of CBI conducted the searches at two locations in Mumbai on Saturday -- the official premises of Reliance Communications Ltd and residential premises of Anil D Ambani
cityfalcon.com·2mo ago

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