Tata, Ambanis in FT's 50 biz leaders list

Nine Indian corporate honchos, including Ratan Tata and the Ambani brothers, have been named among the 50 emerging market business leaders in a list compiled by the British financial daily the Financial Times.

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policemen joined goons to loot Reliance at AP

Several policemen had joined anti-socials to loot the Reliance mart in Anantapur in the protests that followed the botched media exposé on YSR’s death, sleuths of the CID have found out after analysing CCTV and TV channel footage.

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Curbs on TV channels urged

The state government will urge the Centre to bring in a legislation to
rein in private TV channels from indulging in sensationalism.

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Ambanis deny allegations; Rosaiah asks Centre to expedite probe

The Andhra Pradesh government on Friday requested the Centre to expedite the CBI probe into the helicopter crash in which former chief minister Y. S. Rajasekhara Reddy was killed on September 2 last year.

Chief Minister K. Rosaiah spoke to Union Home Minister P. Chidambaram and urged him to get the CBI investigation expedited as the delay in the process was leading to spread of various "conspiracy theories and causing unrest among people".

"We have asked the Centre to get the CBI inquiry completed speedily and the report submitted so as to clear various doubts arising in public mind," state Home Minister P. Sabita Reddy told reporters after a review meeting on law and order with Mr. Rosaiah on Friday.

Ambani brothers deny allegations over YSR’s death

The Andhra Pradesh police have filed a case against a Telugu news channel over a report alleging foul play by Ambani brothers Mukesh and Anil in the death of former chief minister Y. S. Rajasekhara Reddy.

The police have already begun a probe and are collecting evidence, including video tapes of the news footage beamed by TV5 that alleged that the Ambani brothers were behind the helicopter crash in which the former chief minister was killed on September 2, last year.

The report on Thursday night triggered an attack by Reddy’s supporters on business outlets of companies led by Mr. Mukesh and Mr. Anil, and the two groups separately accused each other of fuelling the allegations.

Mukesh-led Reliance Industries on Friday denied the allegations and called them “malicious” and “motivated” and said that it was the “dirty handiwork of our business rivals with TV5.”

The Anil Ambani-led Reliance group said: “A malicious and criminal disinformation campaign has been engaged into by our corporate rivals leading to substantial loss and damage to our several offices and businesses of Reliance ADA Group in Andhra Pradesh yesterday evening.

“We are shocked to see our corporate rivals stooping down to new levels of desperation by engaging in such imaginative and baseless rumour-mongering.”

According to a senior police official, a case has been registered suo-moto against the Telugu news channel TV5.