Reliance Group of industrialist Anil Ambani has slammed Cobrapost allegations, calling them a 'malicious campaign aimed at crashing stock prices.' This comes after the group received media queries regarding a proposed press conference by a now-defunct online platform. Reliance Group said on Wednesday that certain corporate rivals, acting through nominated individuals and associated entities, have undertaken a 'deliberate and sustained campaign of calumny, disinformation, and character assassination' against it.

Cobrapost, an Indian non-profit news website, has alleged that the Reliance Anil Dhirubhai Ambani Group (Reliance ADA Group) engaged in a 'massive financial fraud' worth around Rs 28,874 crore by diverting funds borrowed from public sector banks and investors to promoter-linked com

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