India News

ED Conducts Nationwide Raids on E-Commerce Giants Amazon and Flipkart

In a major move, the Enforcement Directorate (ED) conducted searches across multiple locations associated with e-commerce giants Amazon, Flipkart, and their affiliated entities. The pan-India operation was carried out to investigate potential violations under the Foreign Exchange Management Act (FEMA) and other regulations. The ED is reportedly looking into allegations of foreign exchange law violations Read More…

India News

ED attaches  PFI’s 35 immovable  properties worth Rs 56.56 crore

By our Special Correspondent New  Delhi:  The  Enforcement Directorate (ED)  has attached  35 immovable properties  worth  Rs 56.56  crore in connection with  the  money laundering probe against the  banned Popular Front of India (PFI). The  outfit  had more  than 13,000 active members in Singapore, Kuwait, Oman, Qatar, Saudi Arabia and the United  Arab  Emirates , Read More…