In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.
In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power
Anil Ambani, chairman of the ADA group, can challenge the order by the Commercial Division of the High Court of England
Sources said the probe agencies are planning to move an application, seeking more time with respect to the filing of chargesheet in matters
The agency has also sent a second summons to Essel Group chairman and Rajya Sabha MP Subhash Chandra to appear before it on March 21
Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor
The agency is expected to record the statement of the 60-year-old Ambani under the Prevention of Money Laundering Act (PMLA).
Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.
The agency also calls Subhash Chandra, Naresh Goyal, Kapil Wadhawan, and Peter Kerkar in money laundering probe
DHFL CMD Kapil Wadhawan, recently arrested by the ED in another case, has also been called for questioning
In a statement issued last week, the Reliance Group had denied any links with Kapoor, his family or entities controlled by them
Confirming the development, an ED official said the agency was examining all the big borrowers of the bank, and the stressed loans sanctioned during Kapoor's tenure
As many as 44 companies belonging to 10 large business groups reportedly accounted for bad loans of Rs 34,000 crore of YES Bank
The company has cash on hand of approximately Rs 700 crore in the form of investment in liquid mutual fund
The defaults, on interest and principal, happened between January 23, 2020 and February 1, 2020
The 60-year-old is the brother of Mukesh Ambani, who's worth $56.5 billion and is the wealthiest man in Asia
Judge David Waksman did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove"
Ambani denies providing authority for any such guarantee, resulting in the High Court action in the UK - the jurisdiction agreed to as part of the terms of the loan agreement
RInfra said Jai Anmol Ambani and Jai Anshul Ambani have resigned from its board
Reliance Commercial Finance said the forensic report has confirmed the potential group entities' exposure through several intermediate unlisted entities at Rs 4,427.74 crore