Anil Ambani's Reliance Power Faces ED Action: Assets Worth ₹2,032.81 Crore Under Seizure Order
Anil Ambani-led Reliance Power Ltd has faced a major regulatory setback after the Enforcement Directorate (ED) issued an order for the seizure of assets worth ₹2,032.81 crore in connection with alleged violations of foreign exchange regulations. The action covers shares worth ₹2,026.65 crore in the company's wholly owned subsidiary, Sasan Power Ltd, and bank balances of ₹6.16 crore.
Reliance Power disclosed the order in a regulatory filing, stating that it received the order on Oc
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OnePlus appears to be preparing its next performance-focused smartphone, the OnePlus 16R, with a major upgrade in camera hardware and battery capacity, according to recent leaks. The upcoming device is tipped to feature Qualcomm's Snapdragon 8 Elite Gen 5 chipset, three 50MP rear cameras, a 165Hz display and a battery larger than 7,500mAh. The leaked specifications have generated interest among smartphone enthusiasts, particularly in India, where the company's R-series devices target users looking for flagship-level performance. However, OnePlus has not officially confirmed the OnePlus 16R's specifications, price or launch date. The reported features should therefore be treated as early information rather than final specifications. OnePlus 16R Processor: Snapdragon 8 Elite Gen 5 Tipped Performance could be one of the biggest highli
