financial investigation

New Delhi, April 6 The Central Bureau of Investigation (CBI) is investigating a series of bank loan frauds, totaling approximately Rs 73,000 crore, in seven cases registered against the Reliance Anil Ambani Group, according to a status report filed in the Supreme Court in February.The CBI...

Kolkata, April 5 – Ahead of the West Bengal Assembly elections, the Kolkata Police and the Static Surveillance Team (SST) seized a large sum of unaccounted cash during a routine check operation in the Netaji Nagar Police Station area on Sunday.According to police, the seizure took place at...

Kolkata, April 5 Police recovered approximately ₹38 lakh in cash from a vehicle in the Tollygunje area of Kolkata on Sunday, officials said.The cash was seized from an SUV parked near Plywood House More on N S C Bose Road in the Netajinagar area, a senior Kolkata Police officer said.The...

Kanpur (UP), April 2 The investigation into the illegal kidney transplant racket in Kanpur intensified on Thursday with the arrest of two operating theatre technicians, as authorities widened their action against hospitals allegedly linked to the multi-city network.Police arrested Kuldeep...

Aligarh (UP), April 21 Amid allegations of forgery and an attempted takeover, Aligarh Muslim University has set up a committee to investigate how control of Aligarh Public School was allegedly sought to be transferred, and how funds were moved without authorization.The school, established by...

Jammu, April 2 The money of depositors in the Jammu and Kashmir State Cooperative Agriculture and Rural Development Bank is safe, Cooperative Minister Javid Ahmad Dar said on Thursday, noting that the process to appoint a liquidator is underway following an alleged embezzlement of Rs 181 crore...

Kolkata, April 1 – The Income Tax Department has seized a large sum of foreign currency in Kolkata, an official said on Wednesday, adding that three individuals have been detained.A large sum of foreign currency – approximately ₹ five crore in Indian currency – was seized during a raid in the...

Bhubaneswar, March 31 The Odisha Vigilance Department on Tuesday seized Rs 45.41 lakh in cash from the possession of an officer, who could not satisfactorily explain the source of the money, an official said.Acting on a tip-off, a team from the department intercepted Odisha Police Housing and...

New Delhi/Aizawl, March 31 – The Enforcement Directorate (ED) said on Tuesday that it had filed its first charge sheet before a court in Aizawl, the capital of Mizoram, in connection with a case involving fraudulent claims of government subsidies.The ED's Aizawl Sub-Zonal Office filed a charge...

New Delhi, March 31 The securities regulator, Sebi, has barred Elitecon International Ltd, its promoter and managing director Vipin Sharma, and four others from accessing the securities market, alleging manipulative activities and misleading disclosures.In an interim order passed on Monday...

Patna, March 31 – In a major crackdown on corruption in Bihar, the Economic Offences Unit (EOU) conducted simultaneous raids on multiple premises linked to two senior government officials across several districts on Tuesday.The EOU carried out searches at a total of 12 locations – six each...

New Delhi, March 30 The Enforcement Directorate said on Monday that it has attached land parcels and other immovable assets worth more than Rs 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of the Maharashtra-based realty company Lodha Developers...

Chandigarh, March 30 – Punjab Excise and Taxation Minister Harpal Singh Cheema announced on Monday that a massive tax evasion racket, involving turnover of around Rs 200 crore, has been uncovered in the hospitality sector.With 882 establishments already under scrutiny and Rs 2.02 crore...

Kathmandu, March 28 – The new government of Nepal announced on Saturday that it will establish a committee to investigate the assets of political leaders and high-ranking officials who have held public office from 1990 to 2026.The government, led by Prime Minister Balendra Shah, said in a...

Gurugram, March 28 Directors of a company are alleged to have defrauded another company from which they had taken loans worth crores of rupees. Gurugram Police have arrested one of the directors from Coimbatore, Tamil Nadu, officials said on Saturday.The arrest came following a complaint filed...

Bhopal, March 28 – The Directorate of Enforcement (ED), Bhopal Zonal Office, has intensified its crackdown on corruption by filing a chargesheet against Dr. Amarnath Mittal, former Director of Health Services, Government of Madhya Pradesh, and others under the Prevention of Money Laundering Act...

Kolkata, March 28 – Officials of the Enforcement Directorate (ED) have been conducting simultaneous raids and searches in various locations in West Bengal since Saturday morning, including the state capital of Kolkata and its outskirts, in connection with a land scam case.Sources aware of the...

Bhubaneswar, March 27 – The Odisha Vigilance department arrested an Assistant Engineer of the Water Resources Department in the Ganjam district on Friday, on charges of amassing wealth disproportionate to his known sources of income, to the extent of 334 percent.The accused official, Panchu...

Kolkata, March 27 The Enforcement Directorate (ED) has sought details of the officers in charge (OCs) of at least 10 police stations under the Asansol-Durgapur Police Commissionerate as part of its investigation into the alleged coal smuggling case in West Bengal, an official said on Friday...

Bhopal, March 27 – The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached immovable properties valued at approximately ₹12.62 crore under the Prevention of Money Laundering Act (PMLA), 2002.The action is linked to a bank fraud case involving M/s Excel Vehicles Pvt...