ED raids BYJU's CEO, seizes 'incriminating material'

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized......

ED books BBC India for foreign exchange violations, seeks documents

The Enforcement Directorate (ED) has registered a case under FEMA against BBC India for alleged foreign exchange violations and called its staffers for questioning following which a deputy managing......

Now, ED files money-laundering chargesheet against Amnesty India

A day after Enforcement Directorate issued a FEMA show-cause notice of Rs 61.72 crore against Amnesty India and its former head Aakar Patel, the agency on Saturday said it has filed a......

ED slaps Rs 10 cr fine on Aakar Patel, Rs 51.72 cr on Amnesty India

The Enforcement Directorate on Friday said it has slapped a total penalty amount of more than Rs 61 crore against Amnesty India and its former head Aakar Patel for contravening the Indian foreign......

Healthy FDI inflows into India to continue in 2025

India, averaging over $4.5 billion in monthly foreign direct investment (FDI) inflows since January this year despite global uncertainties and challenges, is tipped to sustain the trend in 2025 on......

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio......

Cross-border share swaps eased by govt

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that......

ED upgrades Look out Circular against Byju Raveendran

The Enforcement Directorate has upgraded its Look out Circular (LC) issued against Byju's founder and CEO Byju Raveendran in connection with a FEMA probe, seeking to stop him for going abroad.......

BCCI blames Modi for FEMA violations in IPL

Under fire over allegations of foreign exchange violations in IPL, BCCI's top officials o Wednesday blamed sacked Commissioner Lalit Modi for "mistakes" as they told a Parliamentary panel that they......

ED's notice to BCCI regarding IPL II fund transfer

The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......