Try GOLD - Free
ED issues fresh summons to Anil Ambani
Financial Express Mumbai
|November 15, 2025
THE ENFORCEMENT DIRECTORATE (ED) has issued a fresh summons to Reliance Group Chairman Anil Ambani to appear before it on Monday in a case under the foreign exchange management act (FEMA), officials said.
The agency had earlier asked Ambani to depose before it on Friday, which he skipped.
According to a spokesperson for Ambani, the businessman had offered to appear by virtual means on Friday and ensured full cooperation in all the matters. The ED, however, has issued a fresh summons for him to appear on Monday at its office, sources said.
The matter pertains to the Jaipur-Reengus highway project.
This story is from the November 15, 2025 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
Road InvITs AUM to grow 30% this fiscal
ROAD INFRASTRUCTURE INVESTMENT trusts (InvITs) assets under management will grow 30% in the current fiscal, led by a surge in asset monetisation, rating agency Crisil said on Thursday.
1 min
May 15, 2026
Financial Express Mumbai
Cap on duty-free import of gold
A DAY AFTER raising customs duty on gold, the government on Wednesday put limits on the quantity of the yellow metal that can be imported under a key export scheme without paying any duty.
1 mins
May 15, 2026
Financial Express Mumbai
IndiGo to fly fewer flights in metros
Airline to expand global operations
2 mins
May 15, 2026
Financial Express Mumbai
The rise of China and fall of WTO
After becoming a WTO member in 2001, China has risen as an export-driven economic powerhouse, partly aided by the organisation now seeing the collapse of multilateralism
3 mins
May 15, 2026
Financial Express Mumbai
Foreigners may get tax relief on bonds
THE GOVERNMENT IS considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter.
1 mins
May 15, 2026
Financial Express Mumbai
HCLTech to lead $150-mn Sarvam AI funding round
IT MAJOR HCLTECH will lead a $150-million funding round in homegrown frontier artificial intelligence startup Sarvam AI, valuing the Bengaluru-based company at around $1.5 billion, sources aware of the matter said.
1 mins
May 15, 2026
Financial Express Mumbai
Hormuz shipping gridlock traps 360 vessels, threatens global oil trade
Evacuation limited to about 40 ships a day
1 mins
May 15, 2026
Financial Express Mumbai
Oracle job offers for students of IITs, NITs revoked
AFTER CONDUCTING MASS layoffs last month, IT firm Oracle has revoked campus placement offers given to students across colleges, including IITs, NITs, BITs as well as tier 2 and tier 3 colleges in the country.
1 min
May 15, 2026
Financial Express Mumbai
Sebi proposes easier rules for derivatives traded on exchanges
THE SECURITIES AND Exchange Board of India (Sebi) on Thursday proposed removing close-to-money option series and corresponding norms for commodity derivatives to reduce complexity and lower price risks for the sellers.
1 min
May 15, 2026
Financial Express Mumbai
Amazon's AI success sends stock towards $3-trn club
INVESTORS ARE GROWING increasingly optimistic about Amazon.com’s position in artificial intelligence, lighting a fire under the stock and sending the company’s market capitalisation soaring toward the rarefied $3 trillion level.
1 min
May 15, 2026
Listen
Translate
Change font size
