Reliance Group Denounces Cobrapost’s Malicious Campaign

31 Oct 2025 CW Team

Reliance Group has strongly condemned a proposed press conference by Cobrapost — a now-defunct online platform — calling it a malicious campaign aimed at tarnishing the reputation of Reliance Infrastructure Reliance Power, Group Chairman Anil D. Ambani, and its over 55 lakh shareholders.

In response to media queries, the Group stated that certain corporate rivals, acting through intermediaries and associated entities, appear to be orchestrating a deliberate campaign of misinformation and defamation. The company alleged that the move is designed to create confusion, erode investor confidence, and manipulate market sentiment for vested commercial interests.

Reliance Group clarified that Cobrapost’s so-called “exposé” merely recycles old, publicly available information, misrepresented and taken out of context. These matters, it said, have already been reviewed by statutory authorities such as the CBI, ED, and SEBI, and many are currently sub judice before competent judicial forums. The Group warned that any public commentary on these cases may amount to contempt of court and interference with the judicial process.

The Group also raised concerns about alleged coercive tactics by individuals linked to Cobrapost, describing their conduct as unethical and potentially unlawful. It claimed that attempts were made to “settle” matters informally, which the Group views as blackmail and intimidation under the guise of journalism.

The Reliance Group reiterated its commitment to protecting the interests of shareholders and maintaining corporate integrity. It said it will pursue all appropriate legal remedies, including defamation and contempt proceedings, to counter such malicious actions.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..