Search For "foreign exchange management act"
Anil Ambani's wife Tina appears before ED in alleged foreign exchange viol
Updated : 2 years, 8 months ago IST
Tina Ambani, wife of industrialist Anil Ambani, appeared before the Enforcement Directorate's Mumbai office on Tuesday.
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ED issues show-cause notices to Xiaomi, three banks for FEMA violation
Updated : 2 years, 9 months ago IST
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
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ED searches companies in Pune, Ahmednagar on forex rules violation charges
Updated : 2 years, 9 months ago IST
The Enforcement Directorate conducted searches at Pune and Ahmednagar in late May in connection with Foreign Exchange Management Act violations by VIPS Group of Companies and Global Affiliate Business managed and controlled by one Vinod Khute and his relatives.
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ED seizes Rs 8.26 crore in case against Chinese-owned Pigeon Education Tec
Updated : 2 years, 10 months ago IST
In its statement, the ED said that an investigation found that the company was owned by Chinese nationals and all the affairs of the company including financial decisions are being taken by the persons sitting in China.
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Mumbai: ED attaches 3 properties worth Rs 41 cr of businessman named in Pa
Updated : 2 years, 10 months ago IST
Three properties worth Rs 41 crores were seized by the Enforcement Directorate, under Foreign Exchange Management Act (FEMA) provisions, after the name of a businessman appeared in Panama papers regarding offshore entities, the agency said on Monday.
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Byju's founder Raveendran writes to employees on ED searches
Updated : 2 years, 10 months ago IST
He wrote that Byju's was funded by more than 70 impact investors who have satisfactorily done due-diligence on operations. Raveendran said he was confident that the authorities will also come to the same conclusion.
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'Routine inquiry, closely working with authorities', Byju's says after ED
Updated : 2 years, 10 months ago IST
The recent visit by officials from the Enforcement Directorate (ED) was related to a routine inquiry under the Foreign Exchange Management Act (FEMA), according to a Byju's legal spokesperson.
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ED conducts searches at office, residence of Byju's CEO Raveendran
Updated : 2 years, 10 months ago IST
The Directorate of Enforcement (ED) has conducted searches and seizure action at three premises in Bengaluru in the case of Raveendaran Byju and his company 'Think & Learn Private Limited' under the provisions of the Foreign Exchange Management Act (FEMA).
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ED files case against BBC for irregularities in foreign funds
Updated : 2 years, 11 months ago IST
The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Act (FEMA) for irregularities in foreign funding.
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ED attaches assets worth Rs 305.84 crore of Joy Alukkas Pvt Ltd under FEMA
Updated : 3 years ago IST
Directorate of Enforcement (ED) has attached assets worth Rs 305.84 crore of a private firm under section 37A of the Foreign Exchange Management Act, 1999 for violation of section 4 of the Act.
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RBI issues updated list of unauthorized forex trading entities
Updated : 3 years, 1 month ago IST
The Reserve Bank of India has updated and included names of entities or platforms or websites which appear to be promoting unauthorised entities or electronic trading platforms for forex trade
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Rs 5,551.27 cr seized by ED from Xiaomi India
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): The competent authority appointed under Section 37A of the Foreign Exchange Management Act (FEMA) on Friday confirmed the seizure order of Rs 5,551.27 crores by Enforcement Directorate against Xiaomi Technology India Private Limited.
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