Reliance Capital Limited & Reliance Communications

Reliance Capital Limited: Reliance Capital Limited is implicated in alleged financial irregularities, with its former CFO, Amit Bapna, arrested for facilitating loan diversions to other Reliance Group companies. This event highlights ongoing scrutiny and potential legal repercussions for the company.

Reliance Communications: Reliance Communications is one of the companies against which the United States — Federal Bureau of Investigation has registered FIRs as part of its broader probe into financial irregularities within the Reliance Group.

Reliance Capital Limited: Parent company of RCFL; its former executives are accused, and the case adds to regulatory pressure on the group.

Reliance Communications: Another Reliance Group company under CBI investigation; a separate chargesheet was filed earlier.

Reliance Capital Limited: As one of the portfolio managers that invested EPFO funds in RCL NCDs, it is implicated in the alleged fraud.

Reliance Communications: Part of the Reliance ADA Group, previously subject to CBI FIRs; this case adds to the group's legal issues.