The Enforcement Directorate had previously filed a case against Unitech over allegations that its owners illegally diverted over Rs 2,000 crore to Cyprus and the Cayman Islands.
The ED registered a case against the Kochhar couple for allegedly causing loss to ICICI Bank by sanctioning loans to Videocon Group in contravention to the policies of the ICICI Bank.
The special PMLA court asked ED to file its reply on Chanda Kochhar's bail application, filed in connection with the ICICI Bank-Videocon money laundering case.
Prajapati is being probed on charges of possessing alleged disproportionate assets. The probe is linked to two FIRs filed by the CBI in connection with an illegal sand mining case.
This is the first time the FIU, an agency under Union finance ministry, has taken punitive action against an online payment system operating in the country.
Officials said Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, is under arrest for custodial interrogation based on fresh evidence gathered in the case.
The ex-AAP councillor was arrested in connection with ongoing PMLA investigation into his role in funding of anti-CAA protests and riots in Delhi February, 2020.
Financial Action Task Force is a global money laundering & terrorist financing watchdog that sets international standards to prevent illegal activities.
The agency's zonal office in Lucknow has written to the Kanpur police seeking his linked persons and the latest updates in FIRs & chargesheets filed against him.
Benjamin Netanyahu will likely take even more erratic actions against Iran, especially now that he is more isolated than before and finds himself on the losing side of everything.
India’s aviation space is grappling with more than just a pilot deficit problem as industry experts highlight the need for the government and the aviation regulator to step in.
New infra projects involve not just repair work of runways and creation of additional taxi ways to enable better tempo of operations, but also storage of spare parts and munitions.
As the BJP heads for a likely third successive term in power, it's fascinating to debate how true it looks to the original proposition: a party with a difference.
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