ED jolts Anil Ambani grp's fragile recovery

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Anil Ambani's Reliance empire, once burdened by debt, saw Reliance Power and Infrastructure stocks rally, fueled by operational improvements and infrastructure optimism. However, ED raids on group-linked entities disrupted this revival, reviving memories of past defaults. Despite distancing themselves from Anil Ambani, the firms face scrutiny over legacy defaults of RCOM and RHFL.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/32kNQIt

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