Searched for
SEVERAL SHELL ENTITIES
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...- ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- H-1B system targeted by US senator, brings attention to Hyderabad's 'visa temples'Senator Eric Schmitt criticizes US employment-based visa programs like H-1B, alleging they harm American workers and create a "Visa Cartel....
- AI chipmaker Forge Nano to list via $1.6 billion SPAC dealForge Nano, a US-based semiconductor equipment and advanced materials company, plans to go public through a $1.6 billion blank-check deal w...
- ED arrests Amitabh Jhunjhunwala, Amit Bapna in ADAG-linked money laundering probeEnforcement Directorate arrested two former Anil Dhirubhai Ambani Group executives. Amitabh Jhunjhunwala and Amit Bapna face money launderi...
- ED raids 19 locations in Rs 597 crore IDFC First Bank fraud; over 90 bank accounts frozenThe Directorate of Enforcement has searched 19 locations in a Rs 597-crore scam. Public funds meant for fixed deposits were allegedly sipho...
- Illegal Loans: ED freezes Rs 123-cr of Singapore-based shell firms parked in bank accounts of Mumbai-based NIUM IndiaThe Directorate of Enforcement has frozen Rs 123 crore belonging to shell entities from Singapore in the bank accounts of NIUM Indian Pvt L...
- Key execs of Chinese companies in India under lensAn inter-ministerial committee was set up to consider proposals involving FDI from China. Such investment also required security clearance ...
- Chartered accountants face probe for alleged role in aiding Chinese loan appsSome CAs are alleged to have signed various statutory documents of these app companies such as incorporation forms, and annual returns amon...
- Bank loan fraud worth Rs 3,986 cr: ED arrests 4 in money laundering case against Chennai's Surana GroupThe money laundering probe stems from three CBI FIRs filed against the accused in 2020 that alleged that these three companies, along with ...
- Tax evasion, money laundering via shell companies set to get tougherUsing 'shell' companies to launder money or dodge tax will become tougher with a tribunal ruling last week shifting the 'burden of proof' f...
- IT dept detects multi-crore tax evasion after raids on WB groupThe raids were carried out last week on September 17 at a total of 25 premises, including the residences of the promoters and the offices a...
- IT department seizes Rs 62 crore cash after raids on hawala operativesIn a statement issued on Tuesday, the Board had said that Rs 2.37 crore cash and jewellery worth Rs 2.89 crore was found along with 17 bank...
- Income tax department raids expose Rs 500-crore racket of fake bill entry operation"The search has led to seizure of evidences exposing the entire network of the entry operators, intermediaries, cash handlers, the benefici...
- Indian Oil says no to unified tariffs for gas transmissionGAIL has argued that unified tariff will help develop local gas market as it will encourage those located in distant locations to consume g...
- Govt, regulators mull challenge-proof definition for shell companiesOne key issue hampering probe and prosecution has been lack of a proper and uniform definition for 'shell companies'. The govt is planning ...
- Haryana tax department turns lens on shell companiesExperts fear other states may follow suit, hitting SMEs already under pressure for GST compliance but insiders say many have been trying ta...
- Bollywood, builders & brokers: More 'shell shocks' in storeSebi has begun shooting off notices to 331 entities, suspected to have acted as 'shell firms'.
- This is how old notes turned into goldThe Enforcement Directorate suspects a Mumbai-based bullion dealer has facilitated money laundering and layering for customers with unaccou...
Load More
