It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.
The central probe agency issued a provisional order under the Prevention of Money Laundering Act for attachment of Indian assets in Kodaikanal and Ooty in Tamil Nadu and a flat in Delhi's Jorbagh. A cottage and house in Somerset in the UK and a tennis club located in Barcelona, Spain have also been attached as part of the same order, the agency said.
Karti was arrested on February 28 by the Central Bureau of Investigation on his return from the United Kingdom, and his 12-day judicial custody was to expire on Saturday in the case.
Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee
Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.
The RBI has also been asked to consider displaying this information on its website.
The former finance minister's only child was arrested at Chennai airport.
The Delhi HC restrained the ED from arresting Karti in a money laundering case till March 20
Congress leader Veerappa Moily stated that the negotiation for Agusta began during former prime minister Atal Bihari Vajpayee's regime and all his advisors and defence ministers were involved.
The court allowed Karti to carry spectacles and medicines as per prescription subject to examination and approval by the jail doctor, but denied his request to carry toiletries, books, clothes and home food.
Bad loans of PSU banks rose by 28.5 per cent.
He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.
While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture
His answer to every question was, "I am politically victimised", the CBI said.
Congress sought to put the onus on the ruling NDA government about the irregularities in AgustaWestland helicopter deal.
The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.
A glance back at some of the important ups and down Indian Inc faced in 2018.
'This man has aged, but does not know the difference between words spoken on the streets from those of spoken in Parliament.' 'He does not allow his hair to turn gray, so he hasn't learned or matured.' Rashme Sehgal reports on how Subramanian Swamy has riled the Congress yet again.
The government vowed to track down the main beneficiaries of the kickbacks so that "we can do" what "we could not do in Bofors
William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.
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