Anil Ambani’s Reliance Group Faces Fresh Trouble as Corporate Affairs Ministry Orders SFIO Probe

Anil Ambani’s Reliance Group faces fresh regulatory heat as the Corporate Affairs Ministry refers a fund diversion case to the Serious Fraud Investigation Office (SFIO) for a detailed probe. (PC: India Today)

The regulatory noose around Anil Ambani’s Reliance Group has tightened further.After ongoing investigations by the Enforcement Directorate (ED), Central Bureau of Investigation (CBI) and SEBI, the Ministry of Corporate Affairs (MCA) has now launched a fresh probe into alleged fund diversion and financial irregularities across several group companies. MCA Transfers Case to SFIO According to […]