Enforcement Directorate officials conducted searches at multiple Vedanta Ltd locations across Delhi, Mumbai, and Udaipur on Monday. The agency is investigating suspected violations of the Foreign Exchange Management Act (FEMA) concerning brand royalty transactions between Vedanta Resources in the UK and its Indian subsidiary. Vedanta stated it is cooperating fully with the authorities.
Related Posts
‘Diplomatic embarrassment’: Hrs before tariff ruling, Trump team sought delay- what they told court
A US court has ruled against Donald Trump’s global tariffs. The court stated that the President lacked the authority to impose such duties. This decision […]
Super Bowl halftime shows that set records from Jackson to Lamar
The Super Bowl halftime show has grown from simple band performances into a global cultural moment. Artists like New Kids on the Block, Gloria Estefan, […]
‘It’s a war’: Iran strikes second US jet near Hormuz; Trump says talks remain unaffected
In a dramatic turn of events, Iran has intensified confrontations by bringing down a US A-10 Warthog over the vital Strait of Hormuz, following a […]