Reliance Communications

CBI conducts searches at 15 locations in Mumbai, Delhi in Reliance ADA Group cases

The CBI said it has registered seven FIRs, seized incriminating documents during the searches, and that the Supreme Court is monitoring the ongoing investigation

20 days ago

CBI arrests former senior Reliance Capital executive in bank fraud case

Already in Tihar Jail in an ED case, Bapna was formally arrested after being produced before a special CBI court, which granted the agency four days' custody. The CBI has registered seven FIRs in the Reliance ADA Group cases and has now arrested six accused as the Supreme Court-monitored investigation continues.

Jul 4, 2026

Telegram CEO claims Reliance, WhatsApp's role behind efforts to ban company's app in India

Telegram CEO Pavel Durov has accused Reliance of disrupting Telegram's services through alleged BGP hijacking and suggested that Reliance and WhatsApp may have lobbied for Telegram's temporary ban in India. He claimed the suspension, imposed ahead of the NEET-UG 2026 re-examination to curb paper leaks, affected over 150 million users in the country.

Jun 17, 2026

SBI loan fraud case: ED arrests two former Reliance Telecom directors

The case is linked to loans sanctioned by a consortium of 11 banks led by SBI. Separately, former Reliance Communications MD Amitabh Jhunjhunwala was arrested earlier this month in a separate alleged loan fraud case.

Jun 13, 2026

Conducted searches at 17 locations in Mumbai in Anil Ambani-led Reliance Group cases: CBI

CBI conducted searches at 17 Mumbai locations in cases linked to alleged fraud involving Anil Ambani-led Reliance ADA Group companies. The agency said incriminating documents were seized in investigations related to alleged bank fund diversion and frauds worth Rs 27,337 crore.

May 10, 2026

ED attaches additional assets of Anil Ambani Group worth Rs 3,034 crore in RCom case

The action under the PMLA aims to prevent asset dissipation and protect banks, with the probe alleging fund diversion in loans worth over ₹40,000 crore.

Apr 28, 2026

CBI arrests 2 top RCom executives in Rs 19,694 crore bank fraud case, company responds

Investigations revealed that the company routed funds through shell entities and used fake service transactions to obtain and misuse letters of credit, leading to heavy losses for banks. Vishwanath, who oversaw banking operations, and Kalya, a key finance executive, allegedly played major roles in the diversion and misuse of funds.

Apr 20, 2026

SC declines relief to Anil Ambani, Reliance Communications in loan 'fraud' row

Bench noted that allegations of fund diversion and financial irregularities are under investigation and that courts cannot override lenders' reliance on forensic audit reports. CBI and ED probes into alleged banking fraud and money laundering involving Reliance group entities are also ongoing, including arrests of former executives and multiple FIRs.

Apr 16, 2026

ED arrests Anil Ambani's top aides Amitabh Jhunjhunwala, Amit Bapna in RHFL case​

ED) has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of Anil Ambani, in connection with an ongoing money laundering probe under the PMLA. The case stems from multiple ECIRs linked to investigations by the Central Bureau of Investigation (CBI).

Apr 16, 2026

CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

CBI has previously filed multiple cases against RCom and Anil Ambani, including the ₹2,929.05 crore SBI fraud case, based on similar allegations of large-scale loan fund diversion and misutilisation across Anil Ambani Group companies.

Apr 1, 2026

CBI raids Anil Ambani's premises in 2nd RCom case linked to BoB loan

CBI raided the residences of Anil Ambani and offices of Reliance Communications (RCom) after registering a second case based on a complaint by Bank of Baroda on February 24.

Feb 26, 2026

ED attaches Anil Ambani's Rs 3,716 crore house in Mumbai

The Enforcement Directorate has provisionally attached Anil Ambani's Pali Hill residence 'Abode', valued at Rs 3,716.83 crore, under the PMLA. Earlier, properties worth Rs 473.17 crore were also attached.

Feb 25, 2026

RCOM loan fraud: Anil Ambani files affidavit in SC; reiterates not to leave country

In the affidavit, Ambani stated he has not travelled abroad since July 2025 and has no plans to do so. He assured full cooperation with the ED and CBI for the investigation under the Prevention of Money Laundering Act. He said that he served only as a Non-Executive Director wand as not involved in daily operations.

Feb 19, 2026

SC pulls up ED, CBI over delay in Anil Ambani-led RCOM loan fraud probe

The Supreme Court has pulled up the Enforcement Directorate and the CBI over an unexplained delay in investigating alleged bank loan frauds linked to Anil Ambani-led Reliance Communications and group companies, involving public funds of around Rs 40,000 crore.

Feb 4, 2026

Bank 'fraud' by Anil Ambani-led RCOM: SC seeks sealed-cover reports from CBI, ED; issues fresh notice

The PIL alleges that over Rs 1.50 lakh crore in RCOM group debt was written off and describes the case as one of the largest bank loan frauds in the country. It claims funds were siphoned off through shell companies and that the CBI's FIR covers only a small portion of the alleged irregularities.

Jan 23, 2026

Reliance Communications', Anil Ambani's loan accounts declared as 'fraudulent' by Bank of Baroda

RCom, currently undergoing the CIRP under the Insolvency and Bankruptcy Code (IBC), 2016, has said that the loans in question relate to the period before its insolvency proceedings began. The company asserts that these loans must be resolved as part of a resolution plan or through liquidation under the IBC.

Sep 5, 2025

After SBI, Bank of India tags Anil Ambani, RCom accounts as 'fraud'

The bank has alleged diversion of funds and violation of loan terms. According to a company stock exchange filing, RCom received a letter dated August 8 from BOI on August 22. In its notice, BOI said the loan accounts of RCom, Anil Dhirajlal Ambani, and Manjari Ashik Kacker had been tagged as 'fraud' for an outstanding loan of Rs 724.78 crore.

Aug 24, 2025

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

Three Chinese banks have taken Anil Ambani to London court over $680 million default on loan to defunct Reliance Communications Ltd; Banks claim the embattled tycoon gave a personal guarantee to the loans

Nov 9, 2019

Ericsson may lose Rs 580 crore won from Anil Ambani-led Reliance Communications

The consortium of lenders took a decision to send a formal word to Ericsson in a recent meeting of RCom's committee of creditors and consortium of lenders led by the State Bank of India (SBI).

Jul 23, 2019

Will Anil Ambani's asset sales spree help lift crushing debt burden?

Younger Ambani sibling hopes to raise Rs 21,700 crore to win 'war on debt' after liabilities almost landed him in jail, forcing elder brother Mukesh's intervention

Jul 13, 2019