The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company…
Chinese smartphone maker Vivo has asked an Indian court to quash a decision by the country’s financial crime agency to freeze its bank accounts, saying the move was “bad in law” and would harm business operations. In a filing to the Delhi High Court in the capital, Vivo India said…
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