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Government fast tracks Black money probe 30 April 2015
In a major action against black money hoarders and money launderers, the Enforcement Directorate (ED) has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15. As part of its efforts...
Keywords: Foreign Exchange Management Act, Black money, Black money, Foreign Exchange Management Act
Read MoreED slaps notice to BCCI 16 February 2015
The Enforcement Directorate [ED] has slapped Board of Control for Cricket in India [BCCI], Indian Premier League [IPL] with show cause notice for allegedly violating Forex laws. ED has served notice accusing BCCI of manipulating the contract of distribution rights...
Keywords: Board of Control for Cricket in India, Indian Premier League, Multi Screen Media, Indian Premier League
Read MoreReebok booked by ED for violating FEMA guidelines 18 July 2012
Reebok India which is now a subsidiary under the German sports goods-maker Adidas has allegedly violated the FEMA guidelines ad was booked by the enforcement directorate ED. For the violation of Foreign Exchange Management Act, Reebok India may have to...
Keywords: , Adidas, , money laundering
Read MoreKirankumar was first to find fault with Naidu on FEMA violation 30 November 2011
Chief Minister N. Kiran Kumar Reddy was the first to point a finger at the former chief minister Chandrababu Naidu on violation of Foreign Exchange Management Act (FEMA) when the former was the government chief whip in 2008. Kiran Kumar...
Keywords: Chandrababu Naidu, Kiran Kumar Reddy, NTR Trust, Chandrababu Naidu
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