Anil Ambani Faces Fraud Probe, But Reliance Power and Infra Say They’re Unaffected
Reliance Power and Reliance Infrastructure said Sunday that a criminal investigation into billionaire Anil Ambani and his former telecom firm Reliance Communications will not affect their businesses. India’s Central Bureau of Investigation (CBI) searched Ambani’s Mumbai home and the offices of the now-bankrupt Reliance Communications on Saturday. The raids followed a complaint from State Bank…