Search For "foreign exchange management"
ED imposes penalties of over Rs 100 crore on Standard Chartered Bank, othe
Updated : 5 years, 6 months ago IST
New Delhi [India], September 11 (ANI): The Enforcement Directorate (ED) has imposed penalties of Rs 100 Crores on Standard Chartered Bank, Rs 17 Crores on Tamil Nadu Mercantile Bank Limited (TMBL) and Rs 35 Crores on MGM Maran, then Chairman and Director of TMBL after finding them in contra
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Bank fraud: ED slaps FEMA notice of Rs 7,220 cr on Kolkata firm
Updated : 5 years, 8 months ago IST
New Delhi [India], July 6 (ANI): The Enforcement Directorate (ED) has sent a show-cause notice under Foreign Exchange Management Act (FEMA) to a Kolkata-based jewellery house for unauthorised parking of funds to the tune of Rs 7,220 crore.
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ED orders seizure of Mumbai-based properties worth Rs 32.38 cr under FEMA
Updated : 5 years, 11 months ago IST
New Delhi [India], April 11 (ANI): The Enforcement Directorate (ED) has ordered the seizure of properties having an equivalent value in India to the extent of Rs 32.38 crore and filed a complaint against a woman named Jaya Patel before the competent authority under Foreign Exchange Managemen
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Vadra's close aide CC Thampi to be produced at CBI Special Court
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 20 (ANI): At the end of three-day remand by the Enforcement Directorate (ED), CC Thampi will be produced at CBI Special Court on Tuesday, in connection with money laundering case involving Robert Vadra.
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ED arrests Vadra's aide Thampi for FEMA violations
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 20 (ANI): The Enforcement Directorate (ED) on Monday arrested CC Thampi of Holiday Group, a "close aide" of Congress President Sonia Gandhi's son-in-law Robert Vadra, for acquiring agricultural land by allegedly circumventing laws concerning Foreign Exchange Managem
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Edelweiss Financial spurts by 4 pc after denying FEMA violations
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): The share price of Edelweiss Financial Services rose by nearly four per cent on Monday afternoon after the company clarified that it has no relationship with Capstone Forex Pvt Ltd and all allegations of Foreign Exchange Management Act (FEMA) viola
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WB: US national arrested at Bagdogra airport for carrying USD 40,000
Updated : 6 years, 5 months ago IST
Bagdogra (West Bengal) [India], Oct 6 (ANI): A 55-year-old US national was arrested by Bagdogra Airport Customs unit here on Friday for carrying USD 40,000.
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ED questions former Jet Airways chairman Naresh Goyal in FEMA violation ca
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 6 (ANI): The Enforcement Directorate (ED) on Friday questioned former Jet Airways chairman Naresh Goyal in connection with an alleged Foreign Exchange Management Act (FEMA) violation case.
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Adjudicating Authority holds J-K businessman Watali 'guilty' under FEMA
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Adjudication Authority has held a businessman from Jammu and Kashmir, Zahoor Ahmed Shah Watali guilty of violating provisions of Foreign Exchange Management Act (FEMA).
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ED raids 12 locations of former Jet Airways chairman Naresh Goyal
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 23 (ANI): The Enforcement Directorate (ED) on Friday carried out searches at locations of Jet Airways founder Naresh Goyal in connection with a Foreign Exchange Management Act (FEMA) case.
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ED seizes property of AAP minister's brother worth Rs 1.46 crore
Updated : 6 years, 10 months ago IST
New Delhi [India], May 7 (ANI): The Enforcement Directorate (ED) on Tuesday seized assets worth Rs 1.46 crore under section 37A of Foreign Exchange Management Act (FEMA) of 1999 belonging to Harish Gahlot, brother of Aam Aadmi Party (AAP) minister Kailash Gahlot.
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Terror funding case: LeT operative, two associates found guilty, fined Rs
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 29 (ANI): The Adjudicating Authority under Foreign Exchange Management Act, 1999 (FEMA) has held a Lashkar-e-Taiba (LeT) operative and his two other associates guilty in a hawala case related to terror financing and imposed a penalty of Rs 15 lakh, the Enforcement D
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