After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

The Income-tax department raids being carried out against an Odisha-based distillery firm owned by a Congress MP's family, and some linked entities, ended early on Friday, capping ten days of......

Odisha cash haul: Role of hawala operators, shell companies under scanner

With the "highest-ever" cash seizure of Rs 351 crore by income tax sleuths during raids against a distillery company owned by a Congress MP's family, the role of hawala operators and shell......

China, Pak to hold joint maritime patrols in Arabian sea

The navies of China and Pakistan have kicked off their largest naval exercises in the Arabian Sea which included their 'first joint maritime patrol', the Chinese official media reported on Monday.......

Business group linked to DMK MP among 2 raided by taxmen

The Income Tax department has seized unaccounted cash of Rs 32 crore and gold bullion worth Rs 28 crore after its recent searches against two business groups, including one linked to Dravida......

Fraud detection framework: Quant MF affair triggers rush to apply new rules

The possible instances of front running at Quant Mutual Fund have likely pushed the Securities and Exchange Board of India (Sebi) to expedite the implementation of an institutional mechanism......

Will ED Raids Derail BYJU's Funding Plans?

'Which fund manager in the world will put money into a company that hasn't filed its annual account?' IMAGE: Byju Raveendran, founder and CEO, Byju. Photograph: ANI Photo The Directorate of......

Action soon against CAs incorporating Chinese shell cos

ICAI on Tuesday said it is setting up a fast-track cell to deal with cases against chartered accountants involved in incorporating shell companies in India with Chinese links and it would aim to......

Mastermind of Chinese shell firms arrested

The Serious Fraud Investigation Office (SFIO) has arrested a person who the Ministry of Corporate Affairs (MCA) said has emerged as the mastermind of the racket of incorporating a large number of......

Anti-doping bill introduced in Lok Sabha

IMAGE: The bill aims to empower NADA to conduct raids besides strengthening measures to tackle drug abuse. Photograph: Ian Waldie/Getty Images A bill which seeks to provide statutory framework for......