ED raids against people linked to Reliance Power; company denies
New Delhi (PTI): The Enforcement Directorate on Friday conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against entities linked to Reliance Power Ltd., a group company of businessman Anil Ambani, officials said.
Reliance Power denied that the federal probe agency raided any of its offices or premises.
About 10-12 locations linked to the said company and its executives are being searched in Mumbai and Hyderabad, the officials said.
About 15 teams of the agency are undertaking the action, they said.
Reliance Power said in a statement furnished to the stock exchanges that "to the best of its knowledge, no such action has been carried out at any of the offices or premises of the Company."
The ED is investigating multiple companies linked to Anil Ambani as part of an alleged bank fraud linked money laundering case apart from financial irregularities under the Foreign Exchange Management Act (FEMA).
Ambani, 66, has been questioned twice by the ED under the anti-money laundering law as part of this investigation.
The ED has formed a special investigation team (SIT) to probe the cases against Ambani's group companies on the directions of the Supreme Court.
According to information furnished by the ED to the apex court, it has filed three money laundering cases against the Anil Dhirubhai Ambani Group (ADAG) to investigate charges of bank loan fraud and other financial irregularities.
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Air India Express introduces late-night Bengaluru–Mangaluru service
International services at M’luru cancelled on March 7
Mangaluru: Air India Express will introduce a late-night daily flight service on the Bengaluru–Mangaluru–Bengaluru sector starting March 10, 2026.
According to the sources, flight IX 5971 will depart from Bengaluru at 9.25 pm and arrive in Mangaluru at 10.40 pm. The return flight, IX 5972, will depart from Mangaluru at 11.10 pm and reach Kempegowda International Airport, Bengaluru, at 12.20 am.
The additional service will operate daily and will remain in effect until March 28, 2026.
Meanwhile, Air India Express has cancelled all its scheduled international flights from Mangaluru International Airport (IXE) on March 7 due to the ongoing crisis in the Middle East.
The Bengaluru–Mangaluru sector already has multiple daily services. Apart from Air India Express, IndiGo also operates flights on this route.
