The firm misrepresented business to receive Rs 9.59 crore FDI in 2018-19, and violated forex, export reporting norms involving Rs 82.63 crore remittances, the agency said.
Officials say Satat Sampada's finances suddenly turned in 2021, classified funds from Canada, Germany & US as revenue to promote Fossil Fuel-Non Proliferation Treaty.
Punjab & Haryana HC rejected Amarinder & Raninder’s plea against ED file inspection, saying that only I-T dept, which obtained the files, can object under Indo-French treaty.
Inquiry revealed Myntra Designs Pvt Ltd allegedly received Rs 1,654 cr funding through FDI in Wholesale Cash & Carry category but was doing business in Multi Brand Retail Trade category.
Rahul Navin's statement comes a month after CBI boss Praveen Sood said that agency should not take pride in only registration of cases when it has been faulted for delays & pendency.
Three Indian companies allegedly received Rs 25 crore from US billionaire Soros-backed investment fund, violating Indian foreign funding regulations, it is learnt.
Raids part of FEMA probe. Any funds transferred by donors to US billionaire Soros-backed Open Society Foundations requires clearance from home ministry before disbursal, it is learnt.
Modus operandi employed by diamond jewellery businesses to launder money involves import of cheap, synthetic diamonds that are usually overvalued by over 100 times, it is learnt.
CM Ashok Gehlot attacks BJP, says his son received ED summons just a day after Congress launched guarantees for women in the state, which goes to polls next month.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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