Mumbai, June 19 (IANS) On the historic occasion of Shiv Sena’s 60th foundation day, the Uddhav Thackeray-led faction of the Shiv Sena has been rocked by a massive crisis. A day after six Lok Sabha MPs triggered a second major split in the party within four years, moving to align themselves with Maharashtra Deputy Chief Minister Eknath Shinde’s faction, the Shiv Sena (UBT) MP and chief spokesperson Sanjay Raut on Friday launched a scathing attack on the dissident lawmakers, claiming that a la…
Latest ED News & Updates
New Delhi, June 12 (IANS) The Reserve Bank of India (RBI) has issued a compounding order under Section 15 of Foreign Exchange Management Act (FEMA), in the case of Ripe Accountancy Services Private Limited, which has resulted in the termination of proceedings against the company for contravention of provisions under FEMA, according to a statement issued by the Enforcememt Directorate (ED) on Friday. The order has been passed by the RBI with a one-time payment of Rs 1.77 lakh to be paid by the co…
Kolkata, June 11 (IANS) Trinamool Congress MP Saugata Roy on Thursday asserted that party supremo and former West Bengal Chief Minister Mamata Banerjee should be at the “forefront” of the Opposition’s fight against the BJP.His reaction came amid reports of Trinamool’s merger with the Congress, which the latter has termed “rumours” and “baseless”.In an interaction with IANS, Saugata Roy said: “I want the Trinamool and Congress to work in a close alliance to remove and defeat the BJP. That is all …
New Delhi, June 11 (IANS) Supreme Court judge, Justice Prashant Kumar Mishra, on Thursday recused himself from hearing Bollywood actor Jacqueline Fernandez’s plea challenging a Delhi court order framing charges against her in the Rs 200 crore money laundering case linked to alleged conman Sukesh Chandrashekhar.A bench of Justices P.K. Mishra and Atul S. Chandurkar was hearing the matter when Justice Mishra informed the parties that he would not be able to hear the case due to his son’s appeara…
Mumbai, June 9 (IANS) The Reserve Bank of India (RBI) has issued compounding orders under Section 15 of Foreign Exchange Management Act, 1999 (FEMA), in the separate cases of Joinmay Electronic Private Limited and Universal Biofuels Private Limited, which has resulted in the termination of investigation against the two companies for contraventions of provisions of the act, according to a press statement issued by the Directorate of Enforcement (ED).The order in each case has been passed by the R…
New Delhi, June 5 (IANS) Quick-commerce platform Zepto on Friday said it has fully cooperated with the Enforcement Directorate (ED) and provided all information sought by the agency in connection with its investigation into the alleged promotion of offshore betting platform Parimatch in India, while asserting that it had no direct relationship with the advertiser under scrutiny.In a statement, a Zepto spokesperson said the company had fully cooperated with the ED and shared all information avail…
New Delhi, June 3 (IANS) The Reserve Bank of India (RBI) has issued a compounding order under Section 15 of the Foreign Exchange Management Act, 1999 (FEMA), in the case of Jusda India Supply Chain Management Private Limited with a one-time payment of Rs 12,52,984. This has resulted in the termination of proceedings against the company for compounded contraventions of provisions of FEMA, 1999, according to a statement issued by the Enforcement Directorate (ED) on Wednesday.The order has been pas…
Thiruvananthapuram, May 30 (IANS) BJP leader Shaun George has approached the Enforcement Directorate (ED) seeking an investigation into alleged overseas financial transactions linked to the CMRL–Exalogic monthly payment case, claiming that funds received by Exalogic Solutions may have been routed through foreign bank accounts. In a letter to the central agency, Shaun George alleged that funds received by Exalogic Solutions from its transactions with Cochin Minerals and Rutile Ltd. (CMRL) were …
Thiruvananthapuram, May 29 (IANS) Kerala politics is witnessing a dramatic political turnaround that many within the CPI(M) are already describing as a rare moment of political poetic justice.The decision to restore the party membership of Bineesh Kodiyeri, son of former CPI(M) state secretary Kodiyeri Balakrishnan, after three years of political exile has exposed the rapidly changing power equations inside the party, especially in the backdrop of the Enforcement Directorate (ED) tightening its …
Kolkata, May 28 (IANS) Former Kolkata Police Deputy Commissioner (DC) Shantanu Sinha Biswas and real estate developer Biswajit Poddar alias Sona Pappu were produced before the Bankshall court on Thursday as the ED custody period expired. Shantanu’s lawyer requested the judge to grant his client the status of a ‘Grade One’ prisoner.Shantanu’s lawyer said on Thursday, “Shantanu has a threat to his life. My client has conducted important investigations in several police stations. Several accu…