“These searches are being conducted at the residential premises of directors of the above-mentioned companies as well as at the office premises of intermediary companies whose accounts were used for diversion of bank funds,” a CBI Spokesperson said in a statement

As per the petition filed through advocate Hasan Murtaza, Ambani has claimed that NDTV published around 72 pointed articles against him in recent months. Ambani’s counsel told the court that the Adani Group, which holds the majority stake in NDTV, has shown interest in his companies