ED Files Case Against BBC For Foreign Exchange Violations
The moves comes in the backdrop of the Income-Tax department surveying BBC office premises in Delhi in February.
Apr 13, 2023, 12:19 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
WazirX, its directors gets show cause notice for Rs 2,790 crore transactions
This investigation has been initiated by Foreign Exchange Management Act (FEMA) on the basis of the ongoing money laundering probe into Chinese-owned illegal online betting applications.
Jun 12, 2021, 17:10 PM IST
ED issues notice to WazirX and its directors for crypto transactions worth Rs 2790 crore
ED initiated FEMA investigation into WazirX on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting Applications.
Jun 11, 2021, 13:11 PM IST
ED raids tour, travel companies in Delhi, Ghaziabad, seizes Rs 3.57 crores
Further investigation, in this case, is under progress.
IndiGo denies reports of ED summons; m-cap falls Rs 3,536 crore
Shares of the company tanked 7.49 percent to settle at Rs 1,136.15 on BSE.
Jun 20, 2018, 17:46 PM IST
New system for monitoring foreign investment limits in listed Indian companies: Sebi
Foreign Investment in India is regulated in terms the Foreign Exchange Management Act (FEMA).
Apr 05, 2018, 18:08 PM IST
Demonetisation: ED probes 4 bullion traders for Rs 69 crore cash deposits
The ED has conducted searches against four bullion traders in Mumbai and has detected Rs 69 crore worth transactions in cash done by them allegedly using fake companies.
Dec 17, 2016, 19:04 PM IST
Capt Amarinder slams Jaitley for 'fraud notice' against his son
Former Punjab chief minister Captain Amarinder Singh on Monday dubbed the Enforcement Directorate summon issued against his son Raninder Singh for alleged violation of the Foreign Exchange Management Act (FEMA) as 'fraud notice' and said Union Finance Minister Arun Jaitley can't get over his defeat in the 2014 general election.
Jun 06, 2016, 18:30 PM IST
Freedom 251: ED probing Ringing Bells for alleged FEMA violation
The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
Mar 16, 2016, 18:05 PM IST
RBI plays ball with govt, to simplify rules for start-ups
Rajan cited the difficulties faced by entrepreneurs, starting right from the complicated contracts for fund raising, which are not allowed under the Foreign Exchange Management Act.
Feb 02, 2016, 19:04 PM IST
IPL FEMA probe: ED records Shah Rukh Khan statement; final notice soon
Khan is being probed on a specific charge of irregularities in the sale of shares of Knight Riders Sports Pvt Ltd.
Nov 12, 2015, 14:04 PM IST
ED to issue final notices in dozen IPL cases involving Lalit Modi
The agency is also expected to request the Home and External Affairs ministries to press for Modi's extradition.
Nov 01, 2015, 11:36 AM IST
No FEMA action for disclosure under black money window: RBI
RBI Wednesday said no action under FEMA will be taken against declarations under one-time black money compliance window, which ends today.
Sep 30, 2015, 20:48 PM IST
ED registers FEMA case in Kolkata hawala raid haul
ED has registered a case to probe alleged hawala operations behind the over Rs 45 crore cash which was seized in Kolkata as part of a crackdown against lottery operatives channelling illegal funds for the Dawood Ibrahim gang.
Sep 29, 2015, 21:53 PM IST
No action under FEMA against black money declarants: RBI
In a bid to encourage disclosure of undeclared assets held abroad, the Reserve Bank of India Thursday said no action under FEMA will be taken against declarations under one-time compliance window ending on Wednesday.
Sep 24, 2015, 22:10 PM IST
Budget 2015-16: FM may announce policy plans to combat black money
Finance Minister Arun Jaitley is likely to announce policy initiatives on some of the key recommendations made by the Special Investigation Team (SIT) on black money to combat the menace of illicit funds, stashed within the country and overseas, when he presents the Budget on February 28.
Feb 23, 2015, 16:37 PM IST
ED to issue notice to Pakistan International Airlines for purchasing immovable property in Delhi
As per FEMA guidline, citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan cannot acquire or transfer immovable property in India.
Nov 13, 2014, 15:42 PM IST
Residents, non-residents allowed to carry up to Rs 25k abroad
The Reserve Bank on Thursday permitted residents and non-residents, except Pakistanis and Bangladeshis, to carry up to Rs 25,000 in Indian currency notes while leaving the country.
Jun 19, 2014, 21:14 PM IST
