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Tag: Reliance Communications

Classification of Ambani account as ‘fraud’ upheld

The Bombay High Court upheld SBI’s move to label Anil Ambani’s Reliance Communications loan as “fraud”, rejecting his plea of non-involvement in company affairs

ED attaches INR30.8bn of Reliance Ambani group assets over India fraud

The Enforcement Directorate has provisionally attached INR30.8 billion in Reliance Anil Ambani Group assets over allegations of loan diversion and fraud

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