Fema Violation

Five-time DMK MP and former Union Minister S Jagathrakshagan faces a Rs 908 crore penalty in a case of violation of foreign exchange rules.

Mahua Moitra case: Trinamool leader Mahua Moitra has been summoned by the Enforcement Directorate for questioning in a foreign exchange violation case, sources said Wednesday.

The Enforcement Directorate has issued fresh summons to Trinamool Congress leader and former Lok Sabha MP Mahua Moitra for questioning in a FEMA contravention case on March 11, official sources said on Monday.

The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26.

The Enforcement Directorate on Thursday searched four to five premises of prominent real estate group Hiranandani in and around Mumbai on charges of foreign exchange violations, official sources said.

In fresh trouble for Trinamool Congress leader and expelled Lok Sabha MP Mahua Moitra, the Enforcement Directorate has summoned her for questioning in an alleged foreign exchange violation case.

The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign exchange violation investigation, official sources said on Thursday.

A division bench of the High Court of Karnataka on Friday heard an appeal filed by smartphone maker Xiaomi challenging a single-judge order which had upheld the Enforcement Directorate's seizure of Rs 5,551.27 crore from its bank accounts.

The Enforcement Directorate has summoned senior Kerala CPI(M) leader Thomas Isaac for questioning in a FEMA case linked to probe into the alleged violations in the financial dealings of KIIFB during his tenure as the finance minister in the previous

The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.

Industrialist Anil Ambani's wife Tina Ambani today joined the probe in an alleged case of foreign exchange rules violation.

Industrialist Anil Ambani was questioned by the Enforcement Directorate today in an alleged case filed under the Foreign Exchange Management Act (FEMA), 1999.

Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore. 

The High Court of Karnataka on Friday upheld the seizure of Rs 5,551.27 crore from Xiaomi India for violation of the Foreign Exchange Management Act (FEMA).

Manu Kumar Jain, Xiaomi's global vice president and former head of its Indian arm announced his resignation from the firm on Monday. Jain spearheaded the launch of Xiaomi in India in 2014 and later moved to larger role of President for Indian sub-continent to manage business in India, Bangladesh, Nepal, Bhutan and Sri Lanka.

Five-time DMK MP and former Union Minister S Jagathrakshagan faces a Rs 908 crore penalty in a case of violation of foreign exchange rules.

Mahua Moitra case: Trinamool leader Mahua Moitra has been summoned by the Enforcement Directorate for questioning in a foreign exchange violation case, sources said Wednesday.

The Enforcement Directorate has issued fresh summons to Trinamool Congress leader and former Lok Sabha MP Mahua Moitra for questioning in a FEMA contravention case on March 11, official sources said on Monday.

The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26.

The Enforcement Directorate on Thursday searched four to five premises of prominent real estate group Hiranandani in and around Mumbai on charges of foreign exchange violations, official sources said.

In fresh trouble for Trinamool Congress leader and expelled Lok Sabha MP Mahua Moitra, the Enforcement Directorate has summoned her for questioning in an alleged foreign exchange violation case.

The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign exchange violation investigation, official sources said on Thursday.

A division bench of the High Court of Karnataka on Friday heard an appeal filed by smartphone maker Xiaomi challenging a single-judge order which had upheld the Enforcement Directorate's seizure of Rs 5,551.27 crore from its bank accounts.

The Enforcement Directorate has summoned senior Kerala CPI(M) leader Thomas Isaac for questioning in a FEMA case linked to probe into the alleged violations in the financial dealings of KIIFB during his tenure as the finance minister in the previous

The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.

Industrialist Anil Ambani's wife Tina Ambani today joined the probe in an alleged case of foreign exchange rules violation.

Industrialist Anil Ambani was questioned by the Enforcement Directorate today in an alleged case filed under the Foreign Exchange Management Act (FEMA), 1999.

Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore. 

The High Court of Karnataka on Friday upheld the seizure of Rs 5,551.27 crore from Xiaomi India for violation of the Foreign Exchange Management Act (FEMA).

Manu Kumar Jain, Xiaomi's global vice president and former head of its Indian arm announced his resignation from the firm on Monday. Jain spearheaded the launch of Xiaomi in India in 2014 and later moved to larger role of President for Indian sub-continent to manage business in India, Bangladesh, Nepal, Bhutan and Sri Lanka.