The Enforcement Directorate (ED) has obtained custody of self-styled godman Ashok Kharat in connection with an alleged ₹70 crore money laundering case, intensifying a major financial crime investigation that has drawn attention across Maharashtra. A special court granted the central agency custody of Kharat until May 26, allowing investigators additional time to probe suspected illegal...
A senior functionary associated with Vijay’s political party Tamilaga Vettri Kazhagam (TVK) has been arrested in Tamil Nadu in connection with an alleged financial fraud estimated at nearly ₹25 crore. The arrest has triggered fresh political controversy in the state at a time when TVK continues to remain under intense public and political scrutiny following...
Fugitive businessman Nirav Modi is once again at the center of a major legal and diplomatic standoff after his extradition from the United Kingdom to India was reportedly delayed due to undisclosed “secret proceedings” underway in Britain. Indian authorities, who have spent years pursuing Modi’s return in connection with the multi-crore Punjab National Bank fraud...
Ahmedabad: Adani Group Chairman Gautam Adani on Thursday strongly criticised the allegations made by US-based short-seller Hindenburg Research, demanding a “national apology” from those who propagated what he described as “false and baseless narratives.” His statement comes after the Securities and Exchange Board of India (SEBI) officially gave the Adani Group a clean chit in...
Mumbai: The Central Bureau of Investigation (CBI) has registered an FIR against Reliance Communications Ltd (RCOM), its director Anil D. Ambani, and others following a complaint by the State Bank of India (SBI) over an alleged loan fraud of ₹2,929.05 crore. According to the FIR, RCOM engaged in inter-company loan transactions amounting to ₹2,219 crore,...