India, Feb. 26 -- In a significant development related to one of India's high-profile corporate debt cases, the Enforcement Directorate (ED) has taken action in connection with its ongoing investigation into the alleged Rs. 40,000 crore loan default involving Reliance Communications (RCOM).

The case pertains to financial transactions and borrowings that have been under regulatory scrutiny for several years, drawing attention from lenders, investigators, and market participants. The latest development marks another step in the broader probe into the company's financial dealings and associated entities.

What's the News? The Enforcement Directorate (ED) has provisionally attached a luxury residential property worth Rs. 3,716 crore linked t...