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ED raids Reliance Infra premises in FEMA probe
The Enforcement Directorate searched Reliance Infrastructure premises in Maharashtra and MP over alleged illegal foreign remittances. The investigation involves transactions potentially violating foreign exchange regulations, dating back at least 15 years. Reliance Infrastructure is cooperating, citing a 2010 domestic contract with no foreign exchange involved.
cityfalcon.com·26d ago
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Probe Agency Raids 6 Reliance Infra Locations Over 'Irregular' Foreign Funding
The Enforcement Directorate on Tuesday conducted searches in Maharashtra and Madhya Pradesh as part of a FEMA investigation being conducted against Anil Ambani Group company Reliance Infrastructure, official sources said.
cityfalcon.com·26d ago
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Financial crime agency's search linked to toll road deal, not forex: Reliance Infrastructure
Reliance Infrastructure stated financial crime agency searches concerned a 2010 Rajasthan toll road contract. The company denied any foreign exchange violations. Earlier reports mentioned alleged foreign exchange law breaches. Reliance Infrastructure clarified it had no connection with the contractor. The toll road has been with the National Highways Authority of India for four years.
cityfalcon.com·26d ago
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ED raids Reliance Infrastructure premises in Maharashtra, MP in FEMA probe
The Enforcement Directorate conducted raids in Maharashtra and Madhya Pradesh as part of a FEMA probe into Reliance Infrastructure over alleged illegal remittances abroad. The company, facing multiple financial investigations, has denied wrongdoing and cited a court-approved settlement on past exposures
cityfalcon.com·26d ago
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ED Raids Reliance Infrastructure-Linked Premises In Indore And Mumbai Over FEMA Probe
The Enforcement Directorate (ED) on Tuesday carried out searches at six premises in Indore and Mumbai in connection with a probe into alleged illegal remittances abroad by Reliance Infrastructure under the Foreign Exchange Management Act (FEMA).
cityfalcon.com·26d ago

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