ED raids against Anil Ambani’s company Reliance Power Ltd at multiple locations. NEW DELHI: The Enforcement Directorate on Friday carried out searches at multiple locations in Mumbai and Hyderabad as part of an investigation involving Reliance Power, a group company of businessman Anil Ambani.According to PTI, around 10–12 premises linked to the company and its executives are being searched across the two cities. About 15 teams of the agency are involved in the operation, the officials added.The agency is probing multiple companies linked to Ambani in connection with an alleged bank fraud-linked money laundering case, as well as suspected financial irregularities under the Foreign Exchange Management Act.Israel Iran WarUS-Israel-Iran War Live Updates: ‘Indian navy’s guest struck without warning’: Iran slams US after torpedo sinks warship IRIS Dena’Expect painful blows’: Iran hints at ‘unseen’ weapons as war enters 7th day; US-Israel intensifies strikes — key pointsUS gives India 30-day waiver to purchase Russian oil amid Middle East crisisAmbani, 66, has already been questioned twice by the ED under provisions of the Prevention of Money Laundering Act as part of the investigation.The ED has also formed a special investigation team (SIT) to probe cases involving companies of the Anil Dhirubhai Ambani Group, following directions from the Supreme Court of India.According to information submitted by the agency to the apex court, three money laundering cases have been registered against the Anil Dhirubhai Ambani Group to investigate alleged bank loan fraud and other financial irregularities.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. The TOI News Desk is your trusted source for staying informed and connected to the ever-evolving global landscape, ensuring that our readers are equipped with the latest developments that matter most.”Read MoreEnd of ArticleFollow Us On Social MediaVideosIAF Loses Two More Pilots To Sukhoi 30MKI Fighter Jet Crash In Assam During Training MissionUS Allows India To Buy Russian Oil As Allies Offer Gas Supplies Amid Iran War And Hormuz TensionsIndia Condoles Khameini’s Death, Jaishankar Speaks To Iranian FM; ‘Iran War God’s Plan’: US MilitaryNitish Kumar Files RS Nomination, Vows Support to New State GovernmentCV Ananda Bose Resigns As Bengal Governor, TN Guv RN Ravi To Replace Him; Mamata Attacks Amit Shah’Undeniable’: US Deputy Secretary Landau Hails India’s Rise As Key To The 21st CenturyJaishankar Dials Iran FM Araghchi After India Condoles Khamenei’s Death In US-Israeli StrikesIran Conflict Presents ‘Huge Opportunity’ For India To Become Clean Energy Exporter: Amitabh KantIndian YouTuber Nancy Grewal Killed In Canada Stabbing, Questions Rise Over Motive Behind Attack’Conflict In Backyard’: Rahul Gandhi Targets PM Modi On Iran Warship, Govt Denies Responsibility123PhotostoriesSara Tendulkar’s favorite protein- and fiber-rich meal choices, which are very easy to add to your routineShark Tank India’s Ashneer Grover shares a glimpse of his relaxing vacation with his wife Madhuri in Jaipur; take a lookTop 7 tallest buildings in Chicago and what makes them uniqueBaby names for boys born on Friday6 oat and egg dishes for breakfast for complete nutrition7 low-maintenance plants you can grow in waterBrad Pitt’s most iconic on-screen looks that continue to lend fashion goalsCould you be low on magnesium? Common warning signs to know, according to doctorsJanhvi Kapoor birthday special: From ‘Homebound’, ‘Mili’ to ‘Gunjan Saxena’, best performances to watch on OTTHow to make Kolhapuri Egg Curry for lunch at home123Hot PicksChina Military BudgetIran Mobile Missile LauncersMiddle East CrisisNitish KumarIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingAP SSC Hall TicketsBreanna StewartFortnite v39 51 Update Release timeDak Prescotts ContractBengaluru Flight CancellationsNepal ElectionsMiddle East CrisisTelangana High CourtUS SubmarineTrump assassination plot
NEW DELHI: The Enforcement Directorate on Friday carried out searches at multiple locations in Mumbai and Hyderabad as part of an investigation involving Reliance Power, a group company of businessman Anil Ambani.According to PTI, around 10–12 premises linked to the company and its executives are being searched across the two cities. About 15 teams of the agency are involved in the operation, the officials added.The agency is probing multiple companies linked to Ambani in connection with an alleged bank fraud-linked money laundering case, as well as suspected financial irregularities under the Foreign Exchange Management Act.Ambani, 66, has already been questioned twice by the ED under provisions of the Prevention of Money Laundering Act as part of the investigation.The ED has also formed a special investigation team (SIT) to probe cases involving companies of the Anil Dhirubhai Ambani Group, following directions from the Supreme Court of India.According to information submitted by the agency to the apex court, three money laundering cases have been registered against the Anil Dhirubhai Ambani Group to investigate alleged bank loan fraud and other financial irregularities.