Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
HC rejects Anil Ambani’s plea against SBI calling his a/c fraud
Business Standard
|October 04, 2025
The Bombay High Court (HC) on Friday dismissed a petition filed by industrialist Anil Ambani (pictured) challenging State Bank of India’s (SBI’s) decision to classify his and Reliance Communications’ accounts as fraud.
A Bench of Justices Revati Mohite Dere and Neela Gokhale said there was no merit in the plea. A detailed copy of the judgment was not available immediately.
This story is from the October 04, 2025 edition of Business Standard.
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 Business Standard
Business Standard
Muddled petroleum-pricing regime
How many people would remember that the government dismantled the administered pricing mechanism (APM) for petroleum products in 2002 and announced market-based pricing for petrol and diesel effective April 1 of that year?
3 mins
May 30, 2026
Business Standard
Ashok Leyland shares drop with Street seeing margin pressure
Macro headwinds risk slowdown, analysts cut target prices
2 mins
May 30, 2026
Business Standard
₹ logs sharpest gain in 2 months
The rupee posted its sharpest single-day gain in nearly two months on Friday — its biggest rise since April 2 — on the back of a decline in crude oil prices and likely intervention by the Reserve Bank of India (RBI), dealers said.
2 mins
May 30, 2026
Business Standard
‘Need uniform policy for below-the-ground sector’
Metals and mining giant Vedanta Resources is set for a historic restructuring that will see the $18 billion conglomerate split in four. In an exclusive interview with Saket Kumar, Sudheer Pal Singh and Asit Ranjan Mishra in New Delhi, Vedanta founder and Chairman Anil Agarwal discusses the motivation behind the exercise, and explains why he thinks India’s mining industry needs an overhaul. Edited excerpts:
7 mins
May 30, 2026
Business Standard
NPCI chief bats for regulatory framework for fintech ecosystem
India’s digital payments and financial technology ecosystem needs a regulatory framework for the agentic world, to ensure orderly implementation of related use cases, the National Payments Corporation of India (NPCI) Chief Dilip Asbe said on Friday.
1 mins
May 30, 2026
Business Standard
Intel, 3DGS to set up $3.3 bn glass substrate unit in Odisha
Chip major Intel on Friday signed a pact with 3D Glass Solutions (3DGS) and the Odisha government to set up a $3.3 billion advanced packaging glass-core substrate manufacturing facility in the Bhubaneswar-Khurda region, officials said.
2 mins
May 30, 2026
Business Standard
Rubio executes a good repair job for India and Asian allies
The broad agenda of India-US cooperation has been reaffirmed, but emerging US-China bonhomie raises questions over the future of Quad
4 mins
May 30, 2026
Business Standard
Worsening side effects of life in fast lane: Obesity, diabetes up sharply
The National Family Health Survey-6 (NFHS-6) has confirmed what pharmaceutical companies offering treatment for weight management and high blood sugar levels have known for a while now: That India’s obesity and diabetes burden is growing at a rapid clip among both men and women.
3 mins
May 30, 2026
Business Standard
Lingering geopolitical tensions may hit loan portfolios: RBI report
The ongoing West Asia conflict poses risks to domestic growth and inflation, albeit in the short run, even as the economy is expected to be resilient in 2026-27 (FY27), the Reserve Bank of India (RBI) said in its annual report released on Friday.
2 mins
May 30, 2026
Business Standard
IndiGo reports net loss of ₹2,537 crore
Forex losses, high ATF prices dent earnings
2 mins
May 30, 2026
Listen
Translate
Change font size