Search For "foreign exchange management"
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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Government notifies overseas investment rules and regulations
Updated : 3 years, 6 months ago IST
New Delhi [India], August 22 (ANI): Union Ministry of Finance said on Monday the government has notified overseas investment rules and regulations in a bid to further improve the country's standing in the ease of doing business.
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Indian govt notifies Overseas Investments Rules
Updated : 3 years, 6 months ago IST
New Delhi [India], August 22 (ANI): In line with the amendment in the Foreign Exchange Management Act 2015, Outward Investments Rules have been framed by the Government of India in consultation with the Reserve Bank.
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KIIFB Scam: Kerala High Court postponed Thomas Issac's petition
Updated : 3 years, 6 months ago IST
Kochi (Kerala) [India], August 17 (ANI): Kerala High Court on Wednesday postponed the petition of former Kerala Finance Minister and CPIM Central Committee member, challenging summons issued by the Enforcement Directorate for interrogation in connection with the financial transactions of the
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Casino owner Chikoti Praveen, aide Madhav Reddy grilled by ED
Updated : 3 years, 7 months ago IST
Hyderabad (Telangana) [India], August 1 (ANI): Casino organiser Chikoti Praveen Kumar and his aide Madhava Reddy on Monday appeared before the Enforcement Directorate (ED) for questioning in connection with the alleged violation of the Foreign Exchange Management Act (FEMA).
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ED seizes Rs 17.34-cr assets of Mangaluru bizman K. Mohammed Haris under F
Updated : 3 years, 8 months ago IST
New Delhi [India], July 12 (ANI): The Enforcement Directorate (ED) has seized immovable properties worth Rs 17.34 crore of K Mohammed Haris of Mukka Group of Companies under the Foreign Exchange Management Act (FEMA), the agency said on Tuesday.
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ED issues notice to Amnesty India, Aakar Patel; imposes Rs 61.72 cr penalt
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Enforcement Directorate (ED) issued a show-cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of the Foreign Exchange Management Act, 1999 (FEMA) and imposed a penalty of Rs 51.72 cro
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ED seizes forex worth Rs 1.53 crore from passenger at Kolkata airport
Updated : 3 years, 9 months ago IST
New Delhi [India], May 23 (ANI): The Enforcement Directorate (ED) has recovered forex worth Rs 1.53 crore by conducting a search of a person at Kolkata Airport under the Foreign Exchange Management Act, 1999 (FEMA), the agency said on Monday.
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ED attaches Rs 5551.27 cr of Xiaomi Technology India Pvt Ltd under Foreign
Updated : 3 years, 10 months ago IST
New Delhi [India], April 30 (ANI): The Enforcement Directorate (ED) has seized Rs 5551.27 crore of Xiaomi Technology India Pvt Ltd-- a wholly-owned subsidiary of China-based Xiaomi group-- under the Foreign Exchange Management Act (FEMA) in connection with illegal remittances made by the
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