Anil Ambani's Reliance Group has issued a strong statement on Wednesday alleging a coordinated campaign to undermine its reputation. Ahead of an anticipated online expose by the investigation portal Cobrapost, the group said corporate rivals were resorting to “calumny, disinformation and character assassination” to damage the reputation of its listed companies Reliance Infrastructure and Reliance Power. Advertisement

In its filing with stock exchanges, the group claimed that the Cobrapost-invited press conference, tagged “The Lootwallahs: How Indian Business is Robbing Indians – I. The Ledger of Lies. A Fraud Worth Around Rs 41,000 crore Exposed,” amounted to a “regurgitation of old publicly available information—misrepresented, distorted and taken entirely out of context.”

The stateme

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