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‘Poker chips for foreign currency’: ED raids premises linked to Goa casino, other locations in FEMA case

September 30, 2025 6:57 am

During searches, Rs 2.25 crore cash in Indian currency, USD 14,000, and other foreign currency amounting to Rs 8.5 lakh were seized, ED said

Trump administration says it is complying with order barring FEMA funding freeze

April 25, 2025 9:11 am

US District Judge John McConnell ruled April 4 that the Trump administration violated his order by halting FEMA grant disbursements since early February for an indefinite 'manual review.'

Paytm gets ED notice for FEMA violations in acquisition of 2 firms

March 01, 2025 9:16 pm

The notice has been issued to One97 Communications Limited, two of its acquired subsidiaries, LIPL and NIPL, and certain current and past Directors and officers of the company and its two subsidiaries, the filing stated.

FEMA violations: ED slaps RS 908 crore fine on DMK MP S Jagathrakshakan

August 29, 2024 3:57 am

The federal agency issued a statement which said that properties worth Rs 89.19 crore, seized in September 2020, have been confiscated following an adjudication order issued on August 26 under the Foreign Exchange Management Act (FEMA).

FEMA is ready for an extreme hurricane and wildfire season, but money is a concern, Mayorkas says

June 22, 2024 4:49 am

As the impacts of climate change have been more and more evident, we have seen and experienced increasing frequency and gravity of extreme weather events,” Mayorkas said.

ED questions founder of Hiranandani Group in FEMA violation case

March 05, 2024 8:28 am

Niranjan Hiranandani had earlier skipped the summon citing health concerns, while his son Darshan Hiranandani had requested the agency to give him some time to join the probe.

Notices to BYJU’S CEO, parent firm over FEMA violations: ED

November 22, 2023 8:50 am

The agency said it had initiated investigation on the basis of various complaints regarding foreign investments received by the company viz M/s Think and Learn Private Limited and the business conduct of the firm.

Ashok Gehlot’s son appears before ED, says no links to FEMA

October 31, 2023 4:34 am

ED had conducted searches between August 29 and 31 in various locations in Jaipur, Udaipur, Mumbai and Delhi in connection with the FEMA case of Triton Hotels and Resorts Private Limited, Vardha Enterprises Private Limited, and its directors and promoters Shiv Shankar Sharma, Rattan Kant Sharma and others.

Foreign Exchange Management Act (FEMA), Enforcement Directorate (ED), FEMA, Indian Express, India news, current affairs

ED seizes Rs 3.94 cr of Chinese owned tech firm

July 15, 2023 1:32 am

“The company provides online education in name of Odaclass. ED searches against the company revealed that the company is 100% owned by Chinese nationals and all the affairs of the company including financial decisions are being taken by the persons sitting in China,” an ED spokesperson said.

Anil Ambani's wife Tina appears before ED in FEMA case

July 05, 2023 4:25 am

The income tax department had charged Anil Ambani with “willful evasion” saying he "intentionally" did not disclose his foreign bank account details to authorities.