FEMA Archives - PGurus

Under the cover of various unrelated documentaries created amongst the group entities, the company remitted this amount in the guise of royalty abroad which constitutes a violation of FEMA

Law and Order

ED seizes Rs.5,551 crore of Chinese mobile phone manufacturer Xiaomi for...

Team PGurus - April 30, 2022 1

Such huge amounts in the name of royalties? Enforcement Directorate (ED) on Saturday seized Rs.5,551.27 crore belonging to Chinese mobile phone manufacturer Xiaomi Technology India...

In a move to pump up the economy, NRIs and OCIs can buy immovable property in India

Investing

NRIs, OCIs do not need prior nod to buy immovable property...

Team PGurus - December 29, 2021 1

Welcome move by the Govt to allow NRIs, OCIs to buy immovable property in India Bringing good news to Non-Resident Indians and people of Indian...

The assets seized by ED are in the form of shareholdings of Muthu alias MGM Maran in four Indian companies

Law and Order

ED seizes over Rs.293 crore worth shares of ex-Tamil Nadu Mercantile...

Team PGurus - December 28, 2021 1

ED seizes unlisted shares of Nesamani Maran Muthu Aka MGM Maran The Enforcement Directorate (ED) on Tuesday seized shares worth Rs.293.91 crore of former Tamil...

Another dubious Chinese owned firm in the NBFC sector unearthed by the ED

Banking

Enforcement Directorate (ED) seizes Rs.131-cr funds of Chinese-controlled PC Financial Services...

Team PGurus - October 1, 2021 0

ED seizes Rs.131.11 cr in micro loan scam The Enforcement Directorate (ED) on Thursday seized over Rs.131 crore funds of a Chinese national-owned NBFC for...

Gujarat government’s decision to use Amazon will hurt us: CAIT

Business

Traders Association CAIT blames Gujarat Chief Minister Vijay Rupani for entering...

Team PGurus - September 8, 2021 0

CAIT strongly criticize CM Vijay Rupani for signing MoU with Amazon The Confederation of All India Traders (CAIT) has strongly criticized Gujarat Chief Minister Vijay...

Coal imports scam claims another victim - Gautham Sigamani, considered very close to M K Stalin

Corruption

ED seizes Rs 8.6 crores worth assets of DMK MP Gautham...

Team PGurus - October 18, 2020 6

One more DMK (Dravida Munnetra Kazhagam) MP close to the Karunanidhi family is on the radar of the Enforcement Directorate (ED) for illegal overseas...