October 14, 2026
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India’s largest listed company, Reliance Industries, has submitted documents sought by the Central Bureau of Investigation (CBI) in connection with an ongoing probe into an alleged drone import bribery case, according to a court order issued in New Delhi on Monday night. The order did not detail the nature of the documents requested. The investigation […]Continue Reading
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India’s federal probe agency, the Central Bureau of Investigation (CBI), has arrested a senior official of the Directorate General of Civil Aviation (DGCA) and a top executive from Reliance Industries over alleged bribery linked to drone import approvals. The accused have been identified as Mudavath Devula, a deputy director general at DGCA, and Bharat Mathur, […]Continue Reading
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Indian refiners have begun settling payments for rare imports of Iranian crude oil in Chinese yuan through ICICI Bank, leveraging a temporary U.S. sanctions waiver that briefly allowed such transactions. The move follows Washington’s 30-day exemption on sanctions for Russian and Iranian oil purchases at sea, introduced to stabilize global energy prices amid tensions linked Continue Reading
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The Bombay High Court on Friday dismissed a petition seeking a CBI investigation against Reliance Industries Limited and its chairman Mukesh Ambani over allegations of unlawful extraction of natural gas from fields belonging to Oil and Natural Gas Corporation in the Krishna-Godavari basin. The bench, comprising Chief Justice Shree Chandrashekhar and Justice Suman Shyam, Continue Reading

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