CAPITAL markets regulator Sebi slapped a monetary penalty of ₹900,000 (£8,355.46) on Reliance Securities for flouting market norms as well as stock brokers rules.

Reliance Group Chairman and Managing Director Anil Ambani has been summoned by the Enforcement Directorate (ED) for questioning in connection with an alleged

Mumbai, May 29 (SocialNews.XYZ) The Central Bureau of Investigation (CBI) on Friday said it has filed its first charge sheet against 16 persons in one of the Reliance ADA Group cases. The CBI registered the case on the basis of a complaint received from the "State Bank of India against Reliance Communications Limited and Anil Ambani for allegedly causing a loss of Rs. 2,929.05 crore to the bank". The charge sheet, filed before the Special Judge for CBI Cases, Mumbai, include persons from Reliance Communications Limited, five senior executives of the company, and 10 bank officials of the State Bank of India, Bank of Maharashtra, and the erstwhile Syndicate Bank, for "offences of criminal conspiracy, cheating, criminal misappropriation under the IPC, and criminal misconduct under the Prevention of Corruption Act".

New Delhi, Feb 19 (SocialNews.XYZ) Billionaire Mukesh Ambani announced on Thursday that Jio and Reliance Industries will together invest as much as Rs 10 lakh crore in artificial ⁠intelligence over the next seven years. "This is not a speculative investment. It is not for chasing valuation. This is patient, disciplined, nation-building capital — designed to create durable economic value and strategic resilience for decades to come,” the Reliance Industries Chairman remarked in his address at the AI India Impact Summit here.

Mumbai, March 3 (SocialNews.XYZ) The stock of Reliance Group companies saw a significant decline on Monday, eroding more than Rs 40,000 crore from their market capitalisation. The total market-cap of these companies dropped by Rs 40,511.91 crore, bringing it down to Rs 17.46 lakh crore. The sharp losses were part of a broader weakness in the market, with all stocks within the group registering losses.

ED Raids Anil Ambani's Firms