Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.
The Central Bureau of Investigation (CBI) conducted searches at seven premises linked to Reliance Communications Ltd, an Anil Dhirubhai Ambani Group company, in connection with a fraud case involving thousands of crores of rupees.
The Enforcement Directorate has filed a chargesheet against former Reliance Communications president Punit Garg and another individual in connection with a money laundering probe linked to an alleged Rs 40,000 crore bank loan fraud.
The CBI has registered a new case against Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to the Life Insurance Corporation (LIC) of India.
Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.
A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.
Amitabh Jhunjhunwala, former group managing director of Anil Ambani-led Reliance Communications, has been remanded in 14-day judicial custody in an alleged bank loan fraud case. The CBI alleges misutilisation of loan funds, causing significant losses to a consortium of banks led by SBI.
The National Company Law Tribunal (NCLT) in Mumbai has admitted a petition filed by State Bank of India (SBI) seeking to initiate personal insolvency proceedings against industrialist Anil Ambani. This action is related to Ambani's alleged personal guarantees for loans extended to Reliance Communications (RCom), from which SBI is attempting to recover over 1,200 crore.
The Enforcement Directorate has attached fresh assets worth Rs 3,034 crore as part of its ongoing money laundering probe against the Reliance Anil Ambani Group (RAAG) companies.
Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.
Swan is one of the firms which got a licence at bargain-basement prices thanks to telecom minister A Raja.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.
Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
Experts argue that the cost savings both in terms of capex as well as operating costs can be substantial in the next one to two years.
Cross-border drones successfully dropped arms and ammunition as deep into Kashmir as the Baramulla district without detection, according to a National Investigation Agency (NIA) chargesheet filed in the last year's audacious Pahalgam terror attack case.
Reliance Group chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a money laundering case linked to an alleged bank fraud. The ED is investigating loan fraud allegations against multiple Anil Ambani group companies.
Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.
India's indigenous Dilution Refrigerator, developed by AQV, has successfully reached four Kelvin (-269C) at the Quantum Reference Facility in Amaravati, marking a significant milestone in the country's quantum technology development and cryogenic engineering capabilities.
United States President Donald Trump has said that India's Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and 'our partners in India' for the deal.
The company wants to woo post-paid customers and rent out its assets to cut debt.
Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.
The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
NITI Aayog member Gobardhan Das asserted that India possessed a rich scientific tradition that suffered setbacks during centuries of foreign domination, with its repository of knowledge systematically destroyed by invaders.
Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.
'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'
Tina Ambani, wife of Anil Ambani, skipped the Enforcement Directorate (ED) summons for the second time in connection with a money laundering case. Anil Ambani has been asked to appear before the agency as well.
The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.
The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February 26 after he skipped deposition this week, official sources said on Thursday.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.
The Bombay high court has upheld a decision by the State Bank of India (SBI) to classify accounts of industrialist Anil Ambani and his company, Reliance Communications (RCom), as "fraudulent" noting that there was no legal flaw in it.
The Athletics Federation of India (AFI) has mandated that track and field athletes must obtain prior approval from the federation before entering into sponsorship agreements with any entity. This decision aims to protect the interests of both athletes and sponsors amid increasing instances of athletes and coaches frequently changing sponsors.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.
The post, markedly different from its usual X feed -- typically focused on low-cost tariff plans and anti-spam measures -- appears to ride on Samay Raina's popularity.
Researchers at the University of Sheffield have developed a novel method for producing sustainable aviation fuel (SAF) using concentrated solar energy and captured CO2, potentially reducing reliance on used cooking oil.
The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.
