Page 110 - Enforcement Directorate

ED seizes Rs 5.32-cr cash after raids against Jharkhand CM's aide, others

The Enforcement Directorate (ED) has seized Rs 5.32 crore cash after it conducted raids at about 18 locations in Jharkhand as part of a money laundering investigation

Delhi HC asks ED to consider Vivo's representation on freeing bank accs

ED's money-laundering probe into Vivo revealed the company, to avoid paying taxes in India, remitted about Rs 62,476 crore of its turnover to China between 2017 and 2021

ED slaps Rs 51 cr penalty on Amnesty India, Rs 10 cr on ex-CEO Aakar Patel

The Enforcement Directorate said the show cause notice of penalty was issued as the funds received "violated" Foreign Exchange Management Act provisions

ED summons Delhi minister Satyendar Jain's wife in money laundering case

The agency has conducted at least two rounds of raids against his family and associates after it arrested the minister in the PMLA case linked to alleged hawala dealings.

Vivo's parent firm, BBK Electronics, owns 40% of India's smartphone market

Vivo India's share jumped from 10% in 2017 to 15% in 2021; sister concern Realme's quadrupled in last 4 years

Delhi HC asks ED to decide on Vivo's request to operate its bank accounts

The Delhi HC on Friday directed the Enforcement Directorate (ED) to take a decision on Chinese smartphone manufacturer Vivo's representation seeking permission to operate its frozen bank accounts.

Vivo moves Delhi HC challenging freezing of various bank accounts by ED

Vivo said the orders against it are in stark contravention to the mandate of Section 17 of the PMLA, as the same do not entail any reasons for freezing

Bennett Coleman's top managers questioned by ED in FEMA violation: Report

A few firms based in the British Virgin Islands were dealing with BCCL. The ED has found transactions of about Rs 900 crore, which are now under the lens of the anti-money laundering agency.

Delhi HC allows urgent listing of Vivo's plea over freezing of bank account

The Delhi High Court on Friday allowed the urgent listing of a plea by Chinese smartphone maker Vivo against the freezing of its bank accounts in connection with a money-laundering probe by the ED

Enforcement Directorate conducts raids against Jharkhand CM's aide

The searches are being conducted in Sahibganj district and its towns like Berhait and Rajmahal

Vivo India transferred Rs 62,476 crore to China to avoid paying taxes: ED

According to the agency, 18 companies helped the smartphone maker to transfer 50 per cent of the turnover outside India, mainly China

ED raids at Vivo, other firms will 'chill investment confidence': China

As the ED raided 44 locations in 22 states on Tuesday and Wednesday, the directors of some of the companies associated with Vivo fled India

Fintechs funded by Chinese money generated Rs 950-crore slush funds: ED

Fintech companies brought the funds to be lent to the public, did MoU (memorandum of understanding) with "defunct" NBFCs for their lending licence, it said

Chinese directors of firm associated with Vivo fled India last year: ED

The official corrected the report which mentioned that Zhengshen Ou and Zhang Jie were directors of Vivo and they fled when the ED intensified its inquiry into the money laundering case

ED issues notices to CoinSwitch, CoinDCX; seeks info under FEMA case

A few firms, including CoinSwitch and CoinDCX dealing in cryptocurrency have been asked by the Enforcement Directorate (ED) to submit some documents in connection with an ongoing case of the FEMA

ED raids Chinese phonemaker Vivo; probes 44 places in money laundering case

The Enforcement Directorate conducted searches at 44 places in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said

Former Mumbai police commissioner appears before ED in NSE co-location case

In a latest development in connection with NSE co-location scam, Enforcement Directorate is recording statement of former Mumbai Police Commissioner Sanjay Pandey at its Delhi-based headquarters.

ED summons SP leader Azam Khan's wife, son for questioning in PMLA case

The Enforcement Directorate (ED) has summoned the wife and son of Samajwadi Party leader Azam Khan for questioning in a money laundering case being probed against him, officials said

ED attaches assets worth Rs 400cr in money laundering cases in Tamil Nadu

The Enforcement Directorate on Sunday said it has attached assets worth Rs 400 crore in connection with two separate money laundering cases pertaining to bank and lottery frauds in Tamil Nadu

ED issues summons against ex-Mumbai police commissioner Sanjay Pandey

The summons were sent on Saturday to Pandey, who retired from the police force on June 30