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Reliance Power CFO held under PMLA

Financial Express Hyderabad

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October 12, 2025

THE ENFORCEMENT DIRECTORATE (ED) has arrested the CFO of industrialist Anil Ambani's group company Reliance Power in a money laundering case linked to issuance of an alleged fake bank guarantee of ₹68 crore, official sources said Saturday.

- PRESS TRUST OF INDIA

The CFO, Ashok Pal, was taken into custody on Friday night under the provisions of the Prevention of Money Laundering Ac

MEER VERHALEN VAN Financial Express Hyderabad

Financial Express Hyderabad

Trio wins Economics Nobel for tech-driven growth

“THESE ARE SCIENCE-BASED innovation, creative destruction and a society open for change.”

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ONGC to cut output cost by 15% in subdued mkt

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Local Big 4 plan to get legal muscle

TO TACKLE THESE regulatory shortcomings, the ministry initiated a public consultation in September 2025 to bring about a more relaxed framework for establishing MDPs in India.

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DMart stops online services in 5 cities amid stiff competition

GROCERY RETAILER AVENUE Supermarts, best known for its DMart chain of stores, is streamlining its online operations by exiting smaller cities and sharpening its focus on large urban markets.

time to read

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L&T wins grid infra orders in West Asia

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Foxconn to create 14,000 jobs in TN

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time to read

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Financial Express Hyderabad

‘FNP will be profitable again this fiscal’

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time to read

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Financial Express Hyderabad

Tears and triumph mark Gaza truce

HAMAS FREED THE last living Israeli hostages from Gaza on Monday under a ceasefire deal and Israel sent home busloads of Palestinian detainees, as US President Donald Trump told Israel’s parliament that peace had arrived in the Holy Land.

time to read

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Financial Express Hyderabad

Govt’s sovereign gold bond debt spirals to ₹1.5 lakh cr

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time to read

1 mins

October 14, 2025

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