The government has launched a fresh investigation into several companies linked to the Anil Ambani–led Reliance Anil Dhirubhai Ambani Group (ADAG). This time, the probe has been handed over to the Serious Fraud Investigation Office (SFIO), the Ministry of Corporate Affairs’ (MCA) specialised investigative wing.
The decision comes after earlier scrutiny by the Enforcement Directorate (ED), the Central Bureau of Investigation (CBI) and market regulator, Sebi. Now, the focus is on whether there were violations of corporate governance rules and diversion of
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