CBI arrests DHFL Director Dheeraj Wadhawan in Rs 34,000 cr bank fraud case
Mumbai: The CBI has arrested former DHFL Director Dheeraj Wadhawan for allegedly defrauding a 17-member bank consortium of Rs 34,000 crore, media reported, citing officials.
Paytm Payments Bank fined Rs 5.49 cr for flouting money laundering regulations
Mumbai: The Financial Intelligence Unit - India (FIU-IND) has imposed a substantial penalty of Rs 5,49,00,000 on Paytm Payments Bank Ltd for purported violations of anti-money laundering regulations under the Prevention of Money Laundering Act (PMLA).
ED starts investigation into Paytm Payments Bank after RBI's restrictions on business: Report
Mumbai: The Enforcement Directorate (ED) began its investigation into Paytm Payments Bank on Wednesday, CNBC-TV18 reported citing sources.
ED attaches Hero MotoCorp Exec Chairman Pawan Munjal's property worth Rs 25 cr
New Delhi: The Enforcement Directorate Friday said it has confiscated the assets of Hero MotoCorp Executive Chairman Pawan Kant Munjal worth Rs 24.95 crore as part of an ongoing money laundering probe, a media report said.
Bank Fraud case: ED attaches assets worth Rs 70 cr of DHFL promoters Wadhawans
New Delhi: The Enforcement Directorate has attached assets worth over Rs 70 crore belonging to DHFL promoters Kapil and Dheeraj Wadhawan in connection to a money laundering probe linked to an alleged bank loan fraud case, media reported.
ED arrests 4 Vivo execs including 1 Chinese national
New Delhi: The Enforcement Directorate (ED) on Tuesday arrested four executives from the Chinese smartphone manufacturer Vivo, including a Chinese national, reported media.
New Delhi: Enforcement Directorate (ED) on Friday issued showcause notices to Chinese mobile manufacturer Xiaomi and three banks for alleged foreign exchange violation of Rs 5,551.27 crore.
Govt brings crypto trading under anti-money laundering provisions
New Delhi: The government has brought the cryptocurrency industry under anti-money laundering regulations as part of its ongoing efforts to strengthen legal control over digital assets.
Govt asks blocked loan apps to furnish documents to prove legality of their practices
New Delhi/IBNS: The government has asked the loan apps blocked after a notice from the Ministry of Electronics and Information Technology (MeitY) have been asked to furnish documents to prove that they operated within legal boundaries, media reports said.
Ex-ICICI Bank CEO Chanda Kochhar, husband Deepak arrested in loan fraud case
New Delhi: The Central Bureau of Investigation (CBI) Friday arrested former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar in connection with a case linked to alleged irregularities in an over Rs. 3,000-crore loan provided to the Videocon Group when she was heading the private sector bank.
ED arrests ex-NSE CEO Ravi Narain in money laundering case
New Delhi/IBNS: The Enforcement Directorate (ED) Tuesday arrested former National Stock Exchange (NSE) chief executive officer (CEO) Ravi Narain in a money laundering case related to alleged illegal phone tapping and snooping of NSE employees.
Delhi HC allows Chinese phone maker Vivo to use accounts frozen by ED but with a rider
Delhi: The Delhi High Court on Wednesday allowed Chinese phone maker Vivo to operate its bank accounts in India, frozen by the Enforcement Directorate (ED) in a money laundering case, media reports said.
After Xiaomi, ED raids multiple locations of Chinese phone maker Vivo over money laundering
The Enforcement Directorate (ED) is raiding multiple offices of Chinese mobile phone manufacturer Vivo and its sister concerns across India over a money laundering case, media reports said.
ABG Shipyard case: Auditor had settled fund diversion case with Sebi, says report
The auditor of troubled ABG Shipyard had settled a fund diversion investigation initiated by the Securities and Exchange Board of India (SEBI) by paying a small settlement fee in 2019, media reports said.
ABG Shipyard case: Company directors under CBI's scanner, diverted funds through 38 overseas firms
Directors of ABG Shipyard, which is being investigated by Central agencies for allegedly defrauding a consortium of banks to the tune of Rs 22,482 crore, are under the scanner for their role in diverting money, media reports said.