Two former CEOs of Reliance ADAG companies arrested by CBI

The CBI has swooped in on two ex-bigwigs from Reliance ADAG, arresting them on corruption charges that allegedly resulted in a massive ₹7,623 crore loss to banks. This move highlights a significant crackdown on financial malpractice at the top levels of one of India's largest conglomerates. The arrests could signal a broader effort to clean up corporate governance and restore investor confidence in India's financial system. It's a big deal because it underscores the gravity of the corruption and its potential ripple effects on the broader economy.