Regulators keep close watch

The data in Mumbai and Ahmedabad RoC offices on various Reliance group companies are being collated following a directive from the government. Vice Chairman of Reliance Industries, Anil Ambani had feared loss of crucial data from the RoC offices, hence the data collection.

Many Reliance investment companies have just updated their records in the last one month, following a directive from them, RoC sources said. Sources in RoC offices say they are not investigating the investment companies as there is no directive from the government as yet. There are vast number of companies, spread across Mumbai and Ahmedabad.

8216;8216;If the government asks us to conduct any inspection, then we have the powers to do it8230; but as of now New Delhi has not showed any interest in investigating any of the Reliance companies including Infocomm,8217;8217; RoC sources said.