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#reliancegroup — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #reliancegroup, aggregated by home.social.

  1. After ED raids in a ₹3,000 crore fraud case, Reliance Group has hit back with a white paper claiming full compliance and historical resolution. While investigations continue, some analysts believe this might signal an eventual legal wrap-up.

    But no official confirmation yet. What do you think—damage control or a step toward closure?

    #AnilAmbani #EDProbe #YesBank #RelianceGroup #WhitePaperResponse #IndiaFinance

    news24media.org/anil-ambanis-r

  2. Rafale Papers: how Indian tycoon sought help of Macron and finance minister over tax bill

    As Indian Prime Minister Narendra Modi, who signed the deal, prepares to attend France’s Bastille Day celebrations as guest of honour, documents obtained by Mediapart reveal how Modi’s billionaire friend, Anil Ambani, boss of the Indian conglomerate Reliance Group, which was handed a lucrative contract as a condition of the Rafale sale, directly solicited the intervention of then economy minister Emmanuel Macron and finance minister Michel Sapin in a bid to escape a 151-million-euro tax claim against his French subsidiary. The tax adjustment was finally cut down to 6.6 million euros.

    #RafaleScam #defence #BJP #ambani #AnilAmbani #NarendraModi #RelianceGroup #corruption #billionaires #CronyCapitalism #EmmanuelMacron #MichelSapin #modi #france #india

    mediapart.fr/en/journal/intern