Reliance Group Archives

The Reliance Group chairperson was served the notice for allegedly evading Rs.420 crore in taxes on undisclosed funds worth more than Rs.814 crore

Law and Order

Rs.420 crore tax evasion. No coercive action till Nov 17 against...

Team PGurus - September 26, 2022 1

Bombay HC gives Anil Ambani relief over tax evasion matter The Bombay High Court on Monday directed the Income Tax department not to take any...

The deal was done through Reliance Industrial Investments and Holdings, a subsidiary of Reliance Industries Limited

Business

Mukesh Ambani’s Reliance buys luxury hotel Mandarin Oriental in New York

Team PGurus - January 9, 2022 1

Reliance subsidiary acquires New York's premium luxury hotel Mandarin Oriental for $98.15 million Industrialist Mukesh Ambani led Reliance Group purchased the luxury hotel Mandarin Oriental...

A boost for the Modi government in tracking the parking of ill-gotten proceeds in Swiss banks

Business

Big win for Indian Government. Swiss Court directs to reveal secret...

Team PGurus - May 14, 2021 6

More trouble heading the debt-ridden industrialist Anil Ambani’s way. A Swiss Federal Court agreed to share information with Indian authorities about the bank accounts...

The harsh truth of the NPA carried by India’s Banks thanks to UPA comes out

Economy

Indian Banks gross NPA may rise to 14.8 percent warns RBI....

Team PGurus - January 11, 2021 4

Alarming news for India’s Banking performance and its financials The Reserve Bank of India (RBI) on Monday came out with an alarming report that the...