
ED conducts FEMA raids on Jindal Group over suspected fund siphoning
New Delhi, Sep 24 (UNI) The Enforcement Directorate (ED) said today that it recently conducted search operations under the Foreign Exchange Management Act (FEMA) at thirteen premises connected to the group companies of BC Jindal and Shyam Sunder Jindal, its directors, and other officers. The premises searched were located in Delhi NCR and Hyderabad. The…