Anil Ambani argued that while the Bank of India had issued a show cause notice to 13 directors and key managerial personnel of the company, the bank unilaterally withdrew allegations against others an ...

MUMBAI: Bank of India has classified loan accounts of Reliance Communications (Rcom), its unit Reliance Telecom (RTL), and ...

Reliance Group companies clarify independence from Reliance Communications, emphasizing no impact on operations or ...

Recent action by CBI on Reliance Communications has had no impact on the business operations, financial performance, ...

A spokesperson for Anil Ambani said he “strongly denied all allegations and charges” and that he “will duly defend himself”.

At present, Reliance Communications is being managed under the supervision of a Committee of Creditors, led by SBI and ...