Al-Ahli secured a 3-1 win over 10-man Al-Hilal to win the battle of the Saudi Pro League sides in Jeddah on Tuesday, booking a place in Saturday's final of the Asian Champions League Elite to keep their dream of a first continental title alive.
Saudi Pro League champions Al-Hilal slipped to a shock 1-0 loss in the first leg of their Asian Champions League Elite last 16 clash with Uzbekistan's Pakhtakor in Tashkent on Tuesday after Brazilian Flamarion scored the only goal.
According to the ED, Mallya was summoned on four occasions for questioning in connection with the contract signed in December 1995 with London-based firm Benetton Formula Ltd for promotion of the Kingfisher brand abroad.
Ivan Toney came off the bench to score twice and earn Al-Ahli a 2-1 win over Al-Ain on Monday that moves the Saudi side into the knockout rounds of the Asian Champions League Elite and leaves the defending champions in danger of missing out on the last 16.
The initiative could help a large number of the alleged FERA violators get away with just financial penalties instead of criminal charges. The government's advisory, informed sources said, will not apply to all the cases as the RBI will decide on a case-to-case basis.
Ravinder Rastogi, deported from Dubai to face trial in a CBI case, was on Wednesday produced in a Delhi court in connection with the $1.5 million FERA violation case and was remanded to judicial custody till April 23.
The court imposed Rs 10 lakh as costs on Mallya in the case.
Eighteen multi-national companies have been slapped show cause notices for alleged violation of Foreign Exchange Regulations involving over Rs 170 crore.
The data said the ED filed a total of 176 Enforcement Case Information Reports (ECIRs), equivalent to a police FIR, against existing and ex MPs, MLAs and MLCs which comes to 2.98 percentage of the total 5,906 such complaints filed since the law came into being.
Mexico's exit ended a run of seven successive last-16 appearances at the World Cup and the defeat for Saudi Arabia killed off what had looked to be a realistic chance of advancing from the group stages for the first time in 28 years.
It had declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he had failed to appear despite repeated summonses.
Zubair through his counsel submitted that this is an age of social media where news travels faster than lightning and the job of someone who is debunking false information may draw the ire of others but "the law cannot be weaponisd against him.
Earlier, the court had sought response from the Central government and K Nageshwar Rao, Special Director, ED, on the bank's petition seeking quashing of the Bombay high court order that refused to stay the proceedings.Earlier, the court had sought response from the Central government and K Nageshwar Rao, Special Director, ED, on the bank's petition seeking quashing of the Bombay high court order that refused to stay the proceedings.
A petition has been filed in the Madras high court against the candidature of All India Anna Dravida Munnetra Kazhagam Deputy General Secretary TTV Dinakaran for the April 12 RK Nagar assembly by-election on the ground he had been penalised in Foreign Exchange Regulation Act cases.
The court had on January 4 declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he failed to appear before it despite repeated summonses.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
Andhra Pradesh secondary education minister K Parthasarathy was on Wednesday sentenced to two months' simple imprisonment by a court in Hyderabad in a 13-year-old case of Foreign Exchange Regulation Act violation.
The ED had filed six cases in the Additional Chief Metropolitan Magistrate (Economic Offences Court-I) which had discharged the duo in two cases in 2015 and directed them to face the trial in other cases.
ED had claimed that Mallya was summoned on four occasions for questioning in connection with a contract signed in December 1995 with London-based firm Benetton Formula Ltd for promotion of the Kingfisher brand abroad.
The court has now put up the matter for further hearing on October 4
A Delhi court has issued notice to liquor baron Vijay Mallya on ED's plea seeking to withdraw the exemption granted to him from personal appearance in a case for allegedly evading summons in connection with purported violation of foreign exchange rules.
ED's application, filed through prosecutor N K Matta, had requested the court to direct the accused for his physical appearance in the case which is at its final stage.
It borrowed cheaply in the West and now investing in high-earnings assets in India.
Neeraj Shekhar, son of late PM Chandra Shekhar with whom Chandraswami was closely linked, attended the cremation.
The Delhi High Court has quashed criminal proceedings initiated by Enforcement Directorate for alleged FERA violation against a Delhi-based businessman who was named as an "influential bookie" and had paid a huge amount to late South Africa cricketer Hansie Cronje to fix ODIs between India and South Africa in 1996-1997.
He believed in investing in companies with strong cash flows
The court, however, made it clear that he could remain out of the country for 30 days only and he will have to attend the proceedings in Foreign Exchange Regulation Act violation cases, in which he allegedly owed over Rs 9.65 crore as penalty to the Enforcement Directorate.
The Enforcement Directorate had invoked Section 68 of the Foreign Exchange Regulations Act against a number of top executives of the banks.
The 92nd Academy Awards nominations have been announced at the Samuel Goldwyn Theatre in Beverly Hills, Los Angeles.
FERA (Foreign Exchange Regulation Act) accused Ravindra Rastogi, who was deported from Dubai recently, has been denied bail by a Delhi court saying there was a possibility of him absconding if released on bail.
18 MNCs have been issued show cause notices by the Enforcement Directorate for paying salaries abroad to their foreign national employees working in India without the RBI's permission.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
There are many instances in the past where the top court sat through midnight to hear the special cases.
Sticking to the demand for the sacking of Chief Minister Vasundhara Raje over 'Lalitgate', Rajasthan Congress on Friday submitted a memorandum to Governor Kalyan Singh charging that her position has become "untenable" in view of the controversy.
The ED counsel also opposed Mallya's plea seeking exemption from personal appearance on the ground of lack of passport
The next edition of attachments will be carried out under sections of the Criminal Procedure Code
Emergency Certificate is specifically meant to provide a travel document to an Indian citizen to return to India
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances