New Delhi, July 24 -- Anil Ambani-owned Reliance Power and Reliance Infrastructure on Thursday said that recent Enforcement Directorate (ED) raids on properties linked to Ambani will have no bearing on their business operations, financial performance.

In separate regulatory filings, both companies clarified that the developments reported in the media do not impact day-to-day functioning or future outlook. The Enforcement Directorate reportedly raided several premises in Mumbai linked to Anil Ambani on Thursday, 24 July, under the Prevention of Money Laundering Act (PMLA).

"The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL), which ar...