Photo: India Today
ED Issues Notice To Xiaomi For Violations In Foreign Exchange Law
The Enforcement Directorate (ED) issued show-cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, Notably, Xiaomi's chief financial officer and director Sameer B Rao, former managing director Manu Kumar Jain and three foreign banks were alleged for violations of the foreign exchange law to the tune of more than Rs 5,551 crores. The Adjudicating Authority (of the Foreign Exchange Management Act) has issued the notices… read-more
Tags: Xiaomi, business, INDIAN MARKET, ED, Violation Notice
Courtesy: The Press Trust of India
Photo: India Times
ED Issues Summon To NCP President Jayant Patil
The Enforcement Directorate (ED) has issued fresh summons to Maharashtra NCP president and MLA Jayant Patil. The summon has been issued for questioning in a money laundering case linked to alleged financial irregularities in the now bankrupt financial services firm IL&FS. As per sources, the NCP President has been asked to appear before the ED on May 22. Furthermore, this is not the first notice issued to Patil.
Tags: jayant patil, NCP Maharashtra President, ED, MONEY LAUNDERING, Summon Notice
Courtesy: Press Trust of India
Photo: India Today
ED Files Chargesheet And Accuses AAP Of Money Laundering
The Enforcement Directorate has filed a chargesheet in the Delhi Liquor Policy scam and accused the Aam Aadmi Party (AAP) of "using" a part of the Rs 100 crore kickbacks. The money has been allegedly received from the 'south group' liquor lobby to meet its expenditure for the Goa Assembly poll campaign in 2022. Furthermore, the agency's supplementary charge sheet filed in the Delhi Excise policy linked money laundering case.
Tags: Delhi Liquor policy, Charge sheet, ED, MONEY LAUNDERING, AAP
Courtesy: The Press Trust of India
Photo: India Today
Raids Carried Out At Byju's Premises Under FEMA
The Enforcement Directorate (ED) conducted raids at the Byju's, an ed-tech company, on April 29. As per sources, the searches carried out at the Byju's premises under the Foreign Exchange Management Act (FEMA.) The probe agency searched two business and one residential premises in connection with money laundering, It said, the company received foreign direct investment worth Rs 28,000 crore and sent Rs 9,754 crores to various foreign entities… read-more
Tags: ED, FEMA, National Business, Raids Search, Byju's
Courtesy: The Free Press Journal
Photo: Telangana Today
SC To Hear Plea Filed By K Kavitha In Delhi Liquor Scam
The Supreme Court is set to hear the plea filed by MLC of Bharat Rashtra Samithi (BRS) K Kavitha, against the ED investigation into the Delhi Liquor Scam. After being summoned by the ED, K Kavitha, the daughter of Telangana CM K Chandrashekar Rao, filed a petition in the Apex Court, against the ED investigation, naming him a suspect in the controversial scam.
Tags: K Kavitha, ED, Delhi liquor scam, Supreme Court, competition
Courtesy: The Hans India333
Photo: Telangana Today
K Kavitha Summoned In Delhi Liquor Scam Again
After hours of grilling by the Enforcement Directorate (ED) K Kavitha, the MLC of Bharat Rashtra Samithi (BRS) finally left the ED office in Delhi. Notably, at 9:15 am, the daughter of Telangana CM K Chandrashekar Rao left the ED office, after interrogation in the Delhi Liquor Scam 2021-2022. Kavitha has been named as a major suspect in the ED's chargesheet of Delhi Liquor Scam, and has been called again.
Tags: K Kavitha, ED, Delhi liquor policy scam, BRS, summones
Courtesy: The New Indian Express
Photo: The Times of India
BRS Fears Arrest Of K Kavitha In Delhi Liquor Scam
The Bharat Rashtra Samithi (BRS) is fearing that K Kavitha, the MLC of Nizamabad will be arrested after the ED investigation into the Delhi Liquor Policy Scam. On March 20, the daughter of Telangana CM K Chandrashekar Rao, appeared before the ED in connection with the case, as she has been named as a suspect in the matter and a representative of south central in the matter.
Tags: BRS, K Chandrashekar Rao, K Kavitha, ED, Delhi liquor scam
Courtesy: The Hans India
Photo: Business Standard
Manish Sisodia's Judicial Custody Extended Till April 3
The judicial custody of Manish Sisodia, the prime accused in the 2021-2022 Delhi Liquor Policy Scam, has been extended till April 3. On March 20, the special court of Delhi extended the remand of Sisodia, the former Deputy CM of Delhi for further investigation into the controversial case of Facebook Unit, registered with the Central Bureau of Investigation. It means, after ED, Sisodia will be remanded with the CBI.
Tags: Manish Sisodia, AAP Leader, ED, CBI, Judicial Custody
Courtesy: Hindustan Times
Photo: The Times of India
Manish Sisodia Named In FBU Corruption, CBI Registers Case
The CBI registered a case against jailed Aam Aadmi Party (AAP) leader Manish Sisodia over alleged corruption in the Delhi government's Feedback Unit (FBU). The FBU was formed by the AAP after coming to power in Delhi in 2015. "The unlawful manner of creation and working of the Feedback Unit has caused wrongful loss to the government exchequer to the tune of approximate ₹ 36 Lakhs," the CBI claimed.
Tags: Manish Sisodia, Delhi Minister, FBU Corruption Case, CBI, ED
Courtesy: NDTV
Photo: The Economic Times
Telangana CM Calls For Cabinet Meeting After ED Notice
The Telangana Government is scheduled to hold a Cabinet meeting, on March 9, confirmed sources. Chaired by Telangana CM K Chandrashekar Rao, the Cabinet ministers will discuss several crucial issues including bills, and Enforcement Directorate (ED) notice to K Kavitha among other issues. Notablly, the sudden Cabinet meeting called by KCR came after ED issued summon to his daughter, K Chandrashekar Rao.
Tags: ED, K. Kavitha, MLC BRS, Telangana Cabinet Meeting, K Chandrashekar Rao
Courtesy: The Times of India
