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Tag: Reliance Anil Dhirubhai Ambani Group

R-ADAG caught swindling Rs 1,000 cr from 7 State Govts

Mumbai, 25th January, 2017: Reliance Anil Dhirubhai Ambani Group (R-ADAG) was caught with its hands in the proverbial cookie jar, and that too by the Supreme Court! R-ADAG tried to twist the terms of its Power Purchase Agreement with seven states, and make a profit of well over Rs 1,000/- crore by making the states …

RNA Corp. Choose to default Govt Bank BOI & SBI only and spared pvt banks and corporate which I find unusual

RNA Corp Pvt Ltd defaults, Bank of India takes possession of secured assets under Sarfaesi Posted onFebruary 20, 2016AuthoradminLeave a comment RNA Corp Pvt Ltd, a prominent Mumbai based developer, has defaulted in its commitments to Bank of India. After Mantri Developers, RNA Corp is major developer who has failed to pay its dues. Bank …