The Enforcement Directorate (ED) has seized bank accounts, fixed deposits, mutual funds and bonds of Winzo Pvt Ltd and its subsidiary Zo Pvt Ltd of Rs 590 crore under the Foreign Exchange Management Act (FEMA), 1999, the agency said on Thursday.
ED's Bengaluru zonal office attached these movable properties held in the names of overseas shell companies of Winzo Pvt Ltd, Winzo US Inc, USA and Winzo SG Pte Ltd, Singapore; operated and controlled by Paavan Nanda and Saumya Singh Rathore.
These tools, which include Global Trade Automation, the EY India AI Tax Hub, and Accounts Payable Automation, are being showcased at the India AI Impact Summit 2026 in New Delhi, according to a release.
New Delhi [India], February 18: For generations, savings accounts have been one of the most trusted financial tools for Indians. What began as a simple way to store money safely and earn a modest return has evolved dramatically with changes in technology, lifestyle, and digital banking. The
Jayakumar said, "The audit report related to the Global Ayyappa Summit will be discussed today. Afterwards, the Devaswom Board will hold a meeting. There are discrepancies in the accounts."
New Delhi [India], February 14: Peer-to-peer (P2P) trading empowers users to buy and sell crypto directly with one another, choosing their preferred price and payment method. To enhance this experience, Binance has introduced the P2P Shield Merchant Program, which vets and verifies select me
Speaking in the State Assembly, the Finance Minister said, "Today, I stand before this august House not merely to present the accounts of income and expenditure, but to present a roadmap of hope for the people of Andhra Pradesh."
Women in Chennai district received Rs 5000 on Saturday morning under the State Government's Magalir Urimai Thogai scheme of the State Government, directly in their bank accounts.
Noting that India today accounts for 16% of global growth, Prime Minister Narendra Modi on Friday said that the country is poised to drive the world's economic growth and emerge as a new engine of global progress.
Consumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharashtra accounts for 43 per cent of new markets, highlighted a report by SBI.
The investors accounts registered at the National Stock Exchange (NSE) has crossed a major milestone, with total unique trading accounts, or client codes (UCCs), surpassing 25 crore (250 million) in February 2026, the exchange said in an official statement.