IT raid at FITJEE premises

Image
Press Trust of India Bhopal
Last Updated : Jan 21 2013 | 7:54 PM IST

The raids were carried out yesterday at Mayur School (franchisee) premises in Ratibad area, in connection with FITJEE's expansion plan under which it was intending to open four global schools in prominent cities across the country, official sources said here today.

A team from the investigation wing of the IT department including 25 officers seized bank accounts and e-records of FITJEE and Mayur School during the raid.

Simultaneous raids were also conducted at its franchisees in New Delhi, Mumbai, Indore, Kolkata, Kota, Ahmedabad, Patna, Gurgaon and Noida, sources added.

When contacted, FITJEE refused to comment on the raid.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 18 2012 | 2:35 PM IST

Next Story