The Indexation Benefit He Lost by Selling Six Months Too Early Vikram believed he had made a successful property investment. He had purchased a residential flat in January 2022 for ₹70 lakh and received an offer of ₹1.05 crore in July 2023. Property prices in the...
₹278 Crore North Goa Land-Grabbing Case: ED Files PMLA Prosecution Complaint The Directorate of Enforcement (ED), Panaji Zonal Office, has filed a Prosecution Complaint against Siddique, also known as Suleman Khan, in connection with an alleged land-grabbing and money-launderi...
₹255.74 Crore NPA Under ED Lens: Searches Target Alfara’a Infraprojects’ Alleged Fund Diversion The Directorate of Enforcement (ED), Mumbai Zonal Office-I, has conducted search operations at 11 premises in Mumbai and Delhi as part of a money-laundering investigation involving Alfara’a Infraproje...
₹3.45 Crore Cash Seized: ED Searches 21 Premises Linked to Karnataka Minister Satish Jarkiholi The Directorate of Enforcement (ED), Bengaluru Zonal Office, has conducted searches at 21 premises linked to Karnataka Public Works Minister Satish Jarkiholi, members of his family and close associate...
₹1.28 Crore Seized and Frozen: ED Searches Dehradun Locations in UKSSSC Examination Case The Directorate of Enforcement (ED), Dehradun Sub-Zonal Office, has conducted search operations at multiple locations in Dehradun in connection with alleged large-scale irregularities in the Uttarakha...
Assured Returns, KYC Gaps and Excessive Fees: SEBI Imposes ₹10 Lakh Penalty on Research Analyst The Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹10 lakh on Investowryght Research Analytics Private Limited, a registered research analyst, after finding multiple vio...
₹27.30 Lakh SEBI Settlement: APSEZL CEO and CFO Settle Proceedings in PMC Projects Matter The Securities and Exchange Board of India (SEBI) has disposed of adjudication proceedings against two senior executives of Adani Ports and Special Economic Zone Limited (APSEZL) after receiving a com...
The NRI Who Never Filed in India — Because Nobody Told Him He Still Had To For nearly eight years, Arjun had lived and worked outside India. His salary was earned abroad, his family lived with him, and he visited India only for short holidays. As far as he understood, becomi...
Six Months of Messy Books, One Investor Due Diligence Call — And a Term Sheet That Almost Fell Through The startup had everything investors usually look for: growing revenue, a strong customer base, an experienced founding team and a credible expansion plan. After several meetings, an investor issued a...
₹30.18 Crore Meant for Marriage Assistance: ED Arrests Former Sironj Janpad CEO The Directorate of Enforcement’s Bhopal Zonal Office has arrested Shobhit Tripathi, former Chief Executive Officer of Janpad Panchayat, Sironj, in connection with an alleged ₹30.18 crore fraud involvi...
₹40 Crore HashPe Crypto Fraud: ED Searches 11 Premises and Arrests Two The Directorate of Enforcement (ED) has intensified its investigation into the alleged HashPe cryptocurrency fraud, conducting searches at 11 premises across Chennai, Coimbatore and Kolkata and arrest...
Six Reversal Trades Creating 8.60 Lakh Artificial Units Led to a ₹5 Lakh SEBI Penalty The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5 lakh on Laxmi Chhugani for executing non-genuine reversal trades in illiquid stock options on the Bombay Stock Exchange. A...
