Supreme Court Issues Notice in Ambani Group Fraud PIL

By BPN News Desk January 23, 2026

Business

The Supreme Court has issued notices to industrialist Anil Ambani and companies linked to the Anil Dhirubhai Ambani Group in a public interest litigation alleging large-scale banking and corporate fraud. The court granted a final opportunity to the concerned parties to appear and submit their

Business

Supreme Court Seeks Replies on RCOM Group Probe

By BPN News Desk November 19, 2025

The Supreme Court of India issued notices to the Union government, the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) and businessman Anil Ambani in response to a public interest litigation (PIL) that seeks a court-monitored investigation into alleged banking fraud involving Reliance Communications (RCOM) and its group companies. The bench, led by

Business

ED Attaches ₹3,000 Crore Assets Linked to Anil Ambani Group

By BPN News Desk November 3, 2025

The Enforcement Directorate (ED) on Monday announced the attachment of properties valued at about ₹3,000 crore belonging to the business group of Anil Ambani. The assets include his Pali Hill residence in Bandra, Mumbai, and offices and flats of companies under the group in Delhi, Noida, Goa, Pune, Hyderabad and Chennai. Investigation Scope The attachment […]

Business

Gautam Adani Near Asia’s Richest, Gains $13B

By BPN News Desk September 24, 2025

Gautam Adani, chairman of the Adani Group, has added nearly $13 billion to his fortune in recent weeks, driven by a rally in group company shares. This sharp increase has strengthened his position as one of the wealthiest individuals in Asia and globally. Race With Ambani Despite the gains, Adani still trails Reliance Industries chairman […]

Law & Order National

Anil Ambani Appears Before ED in Loan Fraud Probe

By BPN News Desk August 5, 2025

Industrialist Anil Ambani appeared before the Enforcement Directorate (ED) in New Delhi on August 5 as part of an ongoing investigation into a major bank loan fraud and alleged money laundering case. The total loan exposure under scrutiny is approximately ₹17,000 crore, involving several companies from the Reliance Group. Preventive Measures Taken by ED A […]