Former Reliance ADAG executive Amitabh Jhunjhunwala remanded in CBI custody amid investigations into a bank loan fraud case.

The CBI has arrested Amitabh Jhunjhunwala, ex-Group Managing Director of Reliance Communications, for his alleged role in a bank fraud involving misutilisation of loan funds.

Mumbai court permits CBI to arrest former Reliance ADAG executive Jhunjhunwala in connection with a bank fraud investigation.