The Anil Ambani-led Reliance group on Thursday said it will file a Rs 5,000-crore defamation suit against Congress spokesperson Abhishek Singhvi for making “false and defamatory statements”. A Reliance group spokesperson said: “Abhishek Singhvi has made false, defamatory and libellous statements against the group. “We all know that top 50 corporates owe Rs 8.35 lakh crore to banks and out of those, three top Gujarat-based companies -- Reliance (Anil Ambani Group), Adani and Essar -- owe Rs 3 lakh crore. “One of them had last month publicly declared that they are shutting their telecom business with a liability of Rs 45,000 crore due to banks. Why?” Singhvi asked.

Source: Hindustan Times November 30, 2017 15:00 UTC