New Delhi, March 20 (IANS) Reliance Group chairman Anil Ambani was interrogated by the CBI here for seven hours on Friday for the second day in a row in connection with the alleged Rs 2,929.05 crore SBI fraud case. The CBI had registered an FIR on August 21, 2025, following a complaint filed by SBI over allegations of fraud to the tune of Rs 2,929.05 crore on the public sector bank, in which Reliance Communications Limited, Anil D. Ambani and others, including unknown public servants, are accuse…
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New Delhi, March 19 (IANS) The Central Bureau of Investigation (CBI) questioned Reliance Group Chairperson Anil Ambani on Thursday for 8 hours at a stretch in a complaint filed by the SBI related to an alleged Rs 2,929 crore fraud by Reliance Communications (RCom). Ambani has been asked to appear for further interrogation at the CBI office on Friday.The CBI registered a complaint after the SBI claimed a loss of Rs 2,929 crore resulting from alleged misappropriation by RCom and Anil Ambani by ent…
New Delhi, March 19 (IANS) Industrialist Anil Ambani is set to appear before the Central Bureau of Investigation (CBI) at its headquarters in the national capital on March 19-20.Anil Ambani’s appearance before the CBI is in connection with the FIR registered on the basis of a complaint filed by the State Bank of India regarding Reliance Communications Ltd. (RCOM).“Anil D. Ambani will be appearing before the Central Bureau of Investigation (CBI) in Delhi on 19th and 20th March, 2026 for exami…
New Delhi, March 13 (IANS) The CBI on Friday interrogated Anil Ambani’s son Jai Anmol Anil Ambani in connection with the Rs 228 crore bank fraud case involving Reliance Home Finance Ltd (RHFL).Jai Anmol Anil Ambani, who is also an accused in the case, was questioned by the investigating officer for around 6.5 hours at the CBI headquarters in the national capital.He has been asked to appear for further examination before the investigating officer on Saturday as well.The CBI, on December 6, 2025…
New Delhi, March 12 (IANS) The Enforcement Directorate on Thursday said it has attached another lot of properties, worth more than Rs 581 crore, of Anil Ambani group companies Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL).An order was issued on March 11 to attach land parcels in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh and Rajasthan, the Enforcement Directorate (ED) said in…
Hyderabad, March 6 (IANS) Directorate of Enforcement (ED), Hyderabad Zonal Office has provisionally attached immovable properties valued at Rs 26.86 crore in a bank fraud case of Sowbhagya Ispat India Pvt. Ltd. (SIIPL).The attached properties under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 include residential flats, residential house, and open plots of land.The ED said in a statement on Friday that it had initiated investigation on the basis of FIR registered by CBI, …
New Delhi, Feb 27 (IANS) India’s gross domestic product growth for the third quarter of the current financial year (Q3 FY26) will likely remain elevated at 8.3 per cent, driven by demand fuelled by goods and services tax (GST) rate cut despite an unfavourable base effect, a report has said.The report from Union Bank of India said that gross value added growth for Q3 FY26 likely improved to 8 per cent from 6.5 per cent in Q3 FY25, though it may be marginally slower than the 8.1 per cent recorde…
New Delhi, Feb 27 (IANS) As the new GDP series (with base year 2022–23) is scheduled to be released on Friday, a sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has also recommended an enhanced use of GST data in the new series for GDP estimates.The report of the sub-committee forms part of the process launched by MoSPI to revise the base year of the National Accounts to FY 2022–23.In the 2011-12 series, GST data were used to compile the Quarterly Nati…
Ahmedabad, Feb 7 (IANS) Adani University emerged as a key academic hub for the IETE West Zone Seminar and IETE Students Forum (ISF) Congress 2026, organised on the theme ‘Trends and Innovation in Aerospace Electronics,’ it was announced on Saturday.The multi-location programme, organised by Delhi-headquartered Institution of Electronics and Telecommunication Engineers (IETE), convened leaders from space, defence, banking and academia across Ahmedabad and Gandhinagar.By hosting the inaugural …
Mumbai, Dec 29 (IANS) Shares of state-owned lender Punjab National Bank on Monday recovered after an earlier fall, after it reported a loan fraud of Rs 2,434 crore last week, allegedly committed by former promoters of SREI Equipment Finance Ltd (SEFL) and SREI Infrastructure Finance Ltd (SIFL).PNB’s shares had fallen as much as 3.1 per cent to Rs 116.6 apiece earlier in the day, but were trading at Rs 120.55, up 0.15 per cent at 11:44 am.The PSU lender reported the loan fraud of Rs 2,434 crore t…