Indian authorities arrest Anil Ambani Group executives for alleged fraud and money laundering.

Indian authorities have arrested two former executives of the Anil Ambani Group for allegedly laundering over ₹40,000 crore through shell companies linked to Reliance Home Finance and Reliance Commercial Finance. The Enforcement Directorate claims the scheme defrauded banks and investors, and has attached assets worth ₹17,000 crore while freezing bank accounts as the investigation continues.