Daily Headlinez Top News Updates
NEW DELHI: A day after photos of Vijay Mallya‘s pre-birthday celebration in London surfaced, ED Thursday announced it had restituted Rs 312 crore of Kingfisher Airlines to its former employees towards long-pending dues.The amount was transf-erred to the official liquidator for disbursement to former employees of Kingfisher Airlines after the restitution was approved by Debt…
New Delhi: Anil Ambani of Reliance Group Monday skipped the second summons issued to him by Enforcement Directorate (ED) for questioning at its headquarters in the national capital in connection with ongoing investigation in a case of alleged violations of Foreign Exchange Management Act (FEMA).The central probe agency may issue fresh summons to Ambani asking…
New Delhi: Supreme Court Tuesday asked ED whether its probe into the money laundering aspect of alleged massive corruption in liquor sale by Tamil Nadu State Marketing Corporation (Tasmac) amounted to interference in the state’s affairs and federal structure of governance, leading the agency to assert that under the anti-money laundering law it is obligated…
NEW DELHI: The Enforcement Directorate (ED) is learnt to have offered the option of closing a Fema violation case against Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said. The option was given by ED to Flipkart last week under the compounding rules of Fema…
NEW DELHI: On June 20, after protests from lawyers representing several bar associations, ED was forced to withdraw summons issued to senior advocate Pratap Venugopal in connection with a money laundering probe against Religare’s former chairperson Rashmi Saluja.Four months later, the agency has named Venugopal as one of the accused, along with Saluja, in its…
NEW DELHI: The ED on Wednesday flagged serious irregularities in the financial transactions of Indiabulls Housing Finance Ltd (IHFL), now known as Sammaan Capital Ltd, even as an NGO told the Supreme Court that the ministry of corporate affairs (MCA) had condoned a litany of corporate governance irregularities by IHFL, brushing aside market regulator Sebi’s…
GUWAHATI: With four arrests so far, the Assam Police SIT escalating charges from negligence to potential murder, and international cooperation underway, Zubeen Garg’s death is no longer just about a tragic accident, it is evolving into a multi-jurisdictional criminal investigation.Gauhati HC has now agreed to state govt’s request to form a judicial commission headed by…
NEW DELHI: ED has launched a massive nationwide drive against cybercrimes through its offices in more than 28 cities. It has identified proceeds of crime (PoC) worth over Rs 28,000 crore and attached assets of more than Rs 8,500 crore in ongoing investigations.Sources said all zonal offices have been roped in to investigate cybercrime cases…
NEW DELHI: With the final electoral roll for Bihar set to be published on Sept 30, the Election Commission will immediately start the warm-up for announcement of assembly poll dates, starting with a meeting with poll observers on Oct 3 and a visit by the full commission to the state on Oct 4 and 5.This…
