New Delhi, March 23: The Supreme Court has taken a firm stance regarding the investigation into the alleged massive bank loan fraud linked to Anil Ambani’s company, Reliance Communications (RCom). On Monday, the court emphasized that the investigation must be fair, transparent, and completed within a specified timeframe. A bench led by Chief Justice (CJI) … Read more
New Delhi/Mumbai, July 24 – The Enforcement Directorate (ED) has conducted raids at several locations linked to businessman Anil Ambani. On Thursday, teams from the central investigative agency reportedly carried out searches at multiple premises connected to him. While no official statement has been issued yet, the ED’s action has been taken under the Prevention … Read more
New Delhi : In a major relief to Anil Ambani group, the Supreme Court on Thursday upheld the 2017 arbitration award worth around Rs 4,600 crore in favour of Reliance Infrastructure subsidiary, Delhi Airport Metro Express Pvt Ltd (DAMEPL), enforceable against Delhi Metro Rail Corporation, saying there is disturbing tendency of courts setting aside arbitral … Read more
