Anil Ambani has been chased by three Chinese banks to whom, according a UK court, he owed over $716 million (Rs 5,276 crore), plus significant legal costs including interest of Rs 7.04 crore. After his cross-examination by the commercial court on 29 June, his total repayment amount increased to $717.6 million. After Ambani’s recent cross-examination, ...

The former Mumbai Police Commissioner Param Bir Singh in a writ petition in the Supreme Court accused Maha Home Minister Anil Deshmukh of meddling in probes and ordering cops to investigate as per his desires. He urged the SC for a prompt impartial and fair investigation by the CBI into alleged corrupt methods by Anil ...

Anil Ambani Companies: Three companies owned by Anil Ambani led Reliance Group have been flagged for being fraudulent by well-known Indian banks, including State Bank of India.  Apparently, Reliance Communications, Reliance Infratel, and Reliance Telecom owes lenders as much as a whopping ₹86,188 crore. Anil Ambani has been claiming that his net worth is zero. ...