Pankaj Chaudhary, the Minister of State for Finance, called the central agency the "nation's shield against financial crimes", stating that...

In the Lok Sabha, Nirmala Sitharaman said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from eva...

The Mumbai bankruptcy court has allowed the liquidator of Gitanjali Gems, impacted by ongoing PMLA investigations, to exclude 260 days from...

ONGC collaborates with ISRO to utilize its satellites for accurate and cost-effective methane leakage detection across India, aiming to cut...

“It is noted under Section 128 of Indian Contract Act, 1872 that when a default is committed, the principal borrower and surety are jointly...

ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic offenders, amounting to Rs 34,118.53 crore have b...

A Special Court in Bengaluru has declared Ramachandran Vishwanathan, the Chief Executive Officer (CEO) of Devas Multimedia Private Limited ...

Congress spokesperson Gourav Vallabh said the Pandora papers have revealed that Sandesara brothers of Sterling Biotech formed 6 offshore fi...

One of the investors of a leading VC firm is quite distressed.

Gujarat-based Sterling SEZ is a subsidiary of Sterling Group that owes over Rs 8,100 crore to its financial and operational lenders.

This means Mallya's properties can now be confiscated by the government.

The 62-year-old, once again, refuted reports of any connection between his proposed settlement offer and the upcoming ruling in a UK court .

The fugitives or runaway businessmen flush with money made through scams can easily afford to buy citizenship in the Caribbean countries.

The government is seeing this as a positive development and it comes just a day after a UK court tightened the noose around another fugitiv...

The ED last year had filed its first charge sheet against Mallya, now in London, in the about Rs 900 crore IDBI bank-Kingfisher Airlines (K...

The ministry has stepped up efforts to curb illicit fund flows and has already deregistered more than 2.26 lakh firms for not carrying out ...

Under the new Bill, properties within or outside India may be subject to seizure or confiscation by the CBI or the Enforcement Directorate.