Anil Ambani's Reliance Group Calls Out Alleged 'Campaign of Calumny'
Anil Ambani's Reliance Group counters a looming expose by an online portal, dismissing it as a rehash of old information. The group claims this is a deliberate slander campaign by corporate rivals aimed at causing stock panic and grabbing assets at a lower price.
- Country:
- India
Anil Ambani's Reliance Group preemptively addressed allegations from an online portal, suggesting that the claims were part of a rival-led smear campaign.
The group's companies, Reliance Infrastructure and Reliance Power, argued that the supposed revelations were simply old public information, misrepresented by Cobrapost.
Reliance accused competitors of orchestrating these attacks to manipulate stock prices and seize assets. The contentious expose was dismissed as an extortion attempt aimed at securing business advantages through disinformation.
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