RBI Imposes Rs 36.38 Lakh Fine On HSBC Ltd For Violating Norms
After considering the facts of the case and the bank's reply in the matter, the RBI came to the conclusion that the violations were substantiated and warranted the imposition of penalty
May 29, 2024, 20:53 PM IST
DNA Exclusive: Analysis Of Factors Behind BYJU's Downfall
Tonight's edition of DNA dives into the factors contributing to BYJU's downfall, it underscores the need for accountability and transparency in corporate governance.
Feb 23, 2024, 00:03 AM IST
Investors To Go Ahead With Friday Meet To Oust Byju’s CEO Amid Court Order
The edtech major had filed the petition under Section 9 of The Arbitration and Conciliation Act, 1996.
Feb 22, 2024, 16:49 PM IST
Byju’s Denies Receiving Any Notice From ED Over Violation Of FEMA Worth Rs 9,000 Cr
In a statement to IANS, the company “unequivocally denied” media reports that it was going to receive any ED notice. “The company has not received any such communication from the Enforcement Directorate,” a company spokesperson said.
Nov 21, 2023, 18:19 PM IST
Xiaomi India Gets Notices From Enforcement Directorate For Rs 5,551 Cr FEMA 'Violations'
The ED had earlier seized funds worth Rs 5,551.27 crore of Xiaomi Technology India Private Limited lying in its bank accounts under the FEMA for the "unauthorised" remittance of this amount in guise of royalty abroad by the company.
Jun 10, 2023, 13:08 PM IST
ED Issues Showcause Notice To Xiaomi Over FEMA Violation
The ED initiated a PMLA investigation in connection with the illegal remittances made by the company last year.
Jun 09, 2023, 21:34 PM IST
56 Companies Blacklisted By RBI To Deal In Forex Or Electronic Trading Platform: Check Full List, Website Names
Unauthorised forex trading platform: The Alert List also contains names of entities/platforms/websites which appear to be promoting unauthorised entities/ETPs, including through advertisements.
Jun 08, 2023, 09:12 AM IST
ED slaps Rs 61.72 crore penalty against Amnesty India, ex-CEO Aakar Patel, here’s why
As per the ED, London-based Amnesty International sent a “huge amount” of foreign contribution to its Indian entities (Amnesty India International Pvt. Ltd) "in guise of business activities to escape FCRA scrutiny".
Jul 08, 2022, 21:42 PM IST
Enforcement Directorate summons former Xiaomi India head Manu Kumar Jain
A Xiaomi spokesperson said they were "a law abiding and responsible company", when asked about the ED notice to Jain.
Apr 13, 2022, 13:38 PM IST
Hurricane Ida likely to be immense, full federal aid to be provided: US President Joe Biden
US President Joe Biden approved emergency disaster declarations for Louisiana and Mississippi on Friday and Saturday, respectively, authorizing direct federal help, including power generation.
Aug 30, 2021, 08:52 AM IST
Hurricane Ida rapidly intensifies into dangerous Category 4, US deploys 500 FEMA emergency personnel
The National Hurricane Center predicted Ida would become an extremely dangerous Category 4 hurricane with 130 mph (209 kph) winds, which happened early Sunday ahead of an expected afternoon landfall.
Aug 29, 2021, 13:40 PM IST
Shilpa Shetty was in tears, argued with Raj Kundra during raid at home in Pornography case
Kundra was arrested by the Mumbai Police late on July 19 along with 11 other people on charges related to the alleged creation of pornographic films and will remain in the custody of the Mumbai Crime Branch till July 27. According to sources, the Crime Branch will seek the extension of their custody from the court today.
Jul 27, 2021, 09:00 AM IST
ED raids tour, travel companies in Delhi, Ghaziabad, seizes Rs 3.57 crores
Further investigation, in this case, is under progress.
Enforcement Directorate attaches properties worth Rs 32 crore of Jaya Patel
The Enforcement Directorate (ED) on Saturday (April 11) said that it has attached the properties valued more than Rs 32 crore of Jaya Patel, daughter of businessman Parmananda Tulsidas in a FEMA case.
Apr 11, 2020, 15:17 PM IST
How Aadhaar would curb money laundering, asks Supreme Court
"There is no doubt that money laundering is a problem. The only question that needs to be answered is how will Aadhaar prevent money laundering."
Apr 11, 2018, 22:51 PM IST
Karti Chidambaram: Other cases and allegations against him
Here are other cases and allegations against Karti Chidambaram.
Feb 28, 2018, 15:16 PM IST
Karti Chidambaram arrested by CBI for FEMA violation
This case relates to the approval given by the FIPB while his father was Union Finance Minister.
Feb 28, 2018, 08:52 AM IST
Come up with workable plan to repay dues: Punjab National Bank responds to Nirav Modi's letter
In his letter to PNB, Nirav Modi said that the over-zealousness on the part of the bank to deal with the issue destroyed his jewellery brand and also jeopardised his ability to clear the dues.
Feb 22, 2018, 17:58 PM IST
Here's why IndiGo says it can't accept Indian currency for on-board sales
The clarification by the airline comes in the wake of allegation by a businessman that said the crew in an IndiGo flight plying from Bengaluru to Dubai refused to accept Indian currency.
Nov 22, 2017, 19:31 PM IST
US to meet 90% of Puerto Rico's reconstruction cost
US President Donald Trump has authorised an increase in the disaster assistance to Puerto Rico, taking up 90 per cent of the cost of rebuilding public infrastructure, including restoring the power grid destroyed by hurricane Maria in September.
Nov 03, 2017, 15:56 PM IST
