Bank of India classifies Reliance Communications' loan as fraudulent, alleging fund diversion by Anil Ambani in 2016.

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

India’s central investigative agency, the Central Bureau of Investigation (CBI), has registered a criminal case against ...

Anil Ambani, following a CBI search of his residence and Reliance Communications' offices, denies all fraud allegations ...

Anil Ambani's spokesperson has claimed that the industrialist is being deliberately targeted. Read details here.

India's federal investigating agency said on Saturday it had opened a criminal case against industrialist Anil Ambani and his ...

Anil Ambani’s spokesperson said searches at his home ended and he denies all allegations, vowing to defend himself ...

Reliance Communications Limited ( ($IN:RCOM) ) has provided an update. Reliance Communications Limited has announced that the ...

The CBI searched the Mumbai residence of Reliance Communication Ltd. (RCOM) Director Anil Ambani on Saturday after recently ...

The Central Bureau of Investigation (CBI) has launched an investigation into Reliance Communications for an alleged bank ...

After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as ...

The bank has alleged diversion of funds and violation of loan terms. According to a company stock exchange filing, RCom ...