Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Entertainment › ED chargesheets against RCom, Reliance Infra in 40k...
Entertainment

ED chargesheets against RCom, Reliance Infra in 40k crore bank fraud

ED chargesheets against RCom, Reliance Infra in 40k crore bank fraud
Times of India Sunday 09 August 2026, 21:49 UTC By TNN 1 min read
Key Points

The Enforcement Directorate has formally charged Reliance Communications and Reliance Infrastructure with serious financial offenses, including money laundering involving over forty thousand crore rupees in misappropriated bank funds. The allegations indicate substantial financial misconduct by both companies and related individuals. The agency is pursuing the confiscation of properties worth more than eight thousand crore rupees, stemming from a deliberate scheme to misdirect public funds...

The Enforcement Directorate has formally charged Reliance Communications and Reliance Infrastructure with serious financial offenses, including money laundering involving over forty thousand crore rupees in misappropriated bank funds. The allegations indicate substantial financial misconduct by both companies and related individuals. The agency is pursuing the confiscation of properties worth more than eight thousand crore rupees, stemming from a deliberate scheme to misdirect public funds from vital infrastructure projects.
ED (PERSON) RCom (ORG) Reliance Infra (ORG) The Enforcement Directorate (ORG) Reliance Communications (ORG)
Originally published by Times of India Read original →

Related Stories

How David Ellison Won Over Major Movie Theaters

How David Ellison Won Over Major Movie Theaters The world’s two largest movie theater chains just backed a merger that their peers oppose The world’s two largest movie theater chains, AMC Entertainment Holdings Inc. and Cineworld Group’s Regal Cinemas, came out in favor of Paramount Skydance’s acquisition of Warner Bros. Discovery over the last few days. In doing so, they contradicted the messaging from the main movie theater lobbying group, Cinema United, which has said the merger would be...

Bloomberg Technology 28m ago

'Spectacular' Game of Thrones stage spin-off opens at home of Shakespeare

The verdict from most theatre critics is that it's a worthy addition to the epic fantasy franchise.

BBC News 58m ago

'Spectacular' Game of Thrones stage spin-off opens at home of Shakespeare

The verdict from most theatre critics is that it's a worthy addition to the epic fantasy franchise.

BBC News 58m ago

How Elliot won Race Around the World in 'opportunity of a lifetime'

How Elliot won Race Around the World in 'opportunity of a lifetime' Mon 10 Aug 2026 at 7:55am Elliot Constable was wandering through a park in Chisinau, Moldova, when he met Tatiana. A Race Around the World contestant tasked with making short documentaries on tight deadlines, he was looking for a story. He had only 10 days to shoot and edit a film, but he spent two of those just listening to her.

ABC Australia 1h ago