The Enforcement Directorate (ED) seized Rs 6.3 crore in cash. Raids were conducted in Mumbai and Surat. The action relates to the Torres Je...

The victim, Shailesh Patel -- 48-year-old school van driver, lodged a complaint on Friday with the local police detailing the events leadin...

Axis MF's former chief dealer Viresh Joshi ran an elaborate scheme to front-run the trades of his employer, avoid regulatory glare and move...

Cryptocurrencies made criminals richer and in 2021, criminals held $11 billion worth of funds with known illicit sources, compared to just ...

The searches were launched on September 22 at 23 premises of the group, which is also in tiles manufacturing business, at Surat, Navsari, M...

The FIR further states “Thereafter P K Singh, Deputy Director is alleged to have demanded undue advantage of Rs 75 lakhs in the presence of...

The angadia, who has an office in the BDB , shuttered it on Wednesday noon , well before normal closing hours, and has been incommunicado s...

Stalemate continues GST commissionerate yet to return diamond parcels seized from angadias.

The angadias, who have been ferrying rough diamonds from Mumbai to Surat and polished diamonds from Surat to Mumbai, have decided not to re...

Angadias are cheap, trustworthy and, most of all, keep a low profile, typically travelling by second class on commuter trains.

Hawala (informal and illegal money transfer) transactions of around Rs 2,000 crore take place in Mumbai every day, according to the police.

When contacted, the company reacted saying, "in some quarters of the media, reports have been quoted totally out of context."

SIT said that making tax evasion of Rs 50 lakh or more a 'predicate offence' would allow necessary action under Prevention of Money Launder...

For generations, men, many from Mehsana in Guj, have been 'Angadias' - unofficial, trusted couriers who ferry diamonds, jewellery & cash.

The final figure of total seizure was not confirmed by officers as counting of currency notes was on till Tuesday evening.

Surat, the world's diamond polishing hub, has never seen a heist of the kind Brussels saw recently. The entire industry works on a system o...

Why hasn't the way diamond is traded changed? One reason is the couriers for whom anonymity is a hallmark, trust the calling card. Sunday T...