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Enforcement Directorate
The Enforcement Directorate (ED) is a law enforcement and economic intelligence agency of the Government of India. Established on 1 May 1956, it is responsible for enforcing economic laws and combating financial crimes. The ED operates under the Department of Revenue, Ministry of Finance, with its headquarters in New Delhi. The ED's primary mandate is to enforce two key laws: the Prevention of Money Laundering Act, 2002 (PMLA) and the Foreign Exchange Management Act, 1999 (FEMA). Additionally, it is tasked with implementing the Fugitive Economic Offenders Act, 2018 (FEOA). History The Directorate of Enforcement (ED) was established on 1 May 1956, as an "Enforcement Unit" within the Department of Economic Affairs, Government of India. It was created to handle violations of exchange control laws under the Foreign Exchange Regulation Act, 1947 (FERA '47). Initially, the unit was headed by a Legal Service Officer as the Director of Enforcement, assisted by an officer on de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agency
A government agency or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government (bureaucracy) that is responsible for the oversight and administration of specific functions, such as an Administration (government), administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or Ministry (government department), ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role — this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, indep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vijay Mallya
Vijay Vittal Mallya (born 18 December 1955) is an Indian businessman and a former politician. He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India. His last formal appeal against extradition was rejected in 2020, but the order had not been enforced; the judge in a case rejecting his appeal against bankruptcy said "apparently Dr Mallya is still resisting extradition on other bases which have yet to be resolved". The son of a businessman who was also in the alcoholic beverages business, Mallya is the former chairman of United Spirits, the largest spirits company in India, and continues to serve as chairman of United Breweries Group, an Indian conglomerate with interests including beverage alcohol, aviation infrastructure, real estate, and fertilizer. He was the chairman of Sanofi India (previously known as Hoechst AG and Aventis) and the chairman of Bayer CropScience in India for over 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NIA Most Wanted
The Most Wanted is a most wanted list maintained by India's National Investigation Agency (NIA). Individuals usually are removed from the list only when they are captured, die or the charges against them are dropped. History In May 2011, following the killing of Osama bin Laden, India released a list of the 50 most wanted fugitives it alleged were hiding in Pakistan. The list was prepared in consultation with the Central Bureau of Investigation (CBI), the NIA, the Intelligence Bureau (IB) and various law enforcement agencies. According to Home Ministry spokesperson Onkar Kedia, the CBI had named 40 people and the NIA included 10 suspected terrorists in the list. However, it was later discovered that two of the people on the list submitted by the CBI were actually in India (one in jail, and the other was out on bail), following which the Home Ministry directed the agencies to review the list. India prepared a new list containing 48 names, and handed it over to Pakistan in July 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Investigation Agency
The National Investigation Agency (NIA) is the principal counter-terrorism law enforcement agency in India. Established under the National Investigation Agency Act, 2008, it is tasked with investigating and combating offenses related to terrorism, national security, and other threats affecting the sovereignty and integrity of the country. It operates under the administrative control of the Ministry of Home Affairs, Government of India. The primary mandate of the agency is to investigate and prosecute offences that have national and cross-border implications, specifically focusing on terrorism, insurgency, and other related matters. It is empowered to investigate cases that involve threats to the sovereignty, security, and integrity of India. It has the authority to conduct searches, make seizures and arrests without warrant, as well as to collect evidence and maintain a database of terrorist organisations and their members. The NIA does not need permission from state government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Intelligence Unit (India)
A financial intelligence unit (FIU) is a national agency responsible for receiving, analyzing, and disseminating financial information on suspicious or unusual financial activity from the financial industry and other entities or professions required to report suspicious transactions, suspected of being money laundering or terrorism financing. Overview FIUs, typically are not law enforcement agencies, but their mission is to process and analyze the information received. If sufficient evidence of unlawful activity is found, the matter is passed to the police or public prosecutors. They complement the apparatus of administrative anti-money laundering supervision, which ensures that obliged entities transmit relevant information to the FIU. Financial Intelligence Units (FIUs) play a crucial role in the global fight against financial crime by collaborating with various stakeholders, including law enforcement, regulatory authorities, and international organizations. Here’s an ov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Directorate Of Revenue Intelligence
The Directorate of Revenue Intelligence (DRI) is the apex anti-smuggling intelligence, investigations and operations agency in India. The Directorate is run by officers from the Central Board of Indirect Taxes and Customs (CBIC) who are posted in its various Zonal Units as well as in Indian embassies abroad as part of the Customs Overseas Intelligence Network. It is headed by a Director General of the rank of Special Secretary to the Government of India. The Agency works to secure India's national and economic security by preventing the outright smuggling of contraband such as firearms, gold, narcotics, fake Indian Currency notes, antiques, wildlife and environmental products. Moreover, it also works to prevent the proliferation of black money, trade based money laundering and commercial frauds. History The DRI came into existence on 4 December 1957. However the genesis of the DRI may be traced to 1953 with the formation of the Central Revenue Intelligence Board(CRIB) in 1953. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bureau Of Investigation
The Central Bureau of Investigation (CBI) is the domestic crime investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmental corruption, in 1965 it received expanded jurisdiction to investigate breaches of central laws enforceable by the Government of India, multi-state organised crime, multi-agency or international cases. CBI is exempted from the provisions of the Right to Information Act. CBI is India's officially designated single point of contact to act as the liaison with Interpol. The CBI headquarter is located in CGO Complex, near Jawaharlal Nehru Stadium in New Delhi. History Special Police Establishment The Bureau of Investigation traces its origins to the Special Police Establishment (SPE), a Central Government Police force, which was set up in 1941 by the Government of India to investigate bribery and corruption in transactions with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharatiya Janata Party
The Bharatiya Janata Party (BJP; , ) is a political party in India and one of the two major List of political parties in India, Indian political parties alongside the Indian National Congress. BJP emerged out from Syama Prasad Mukherjee's Bharatiya Jana Sangh. Since 2014, it has been the List of ruling political parties by country, ruling political party in India under the incumbent Prime Minister of India, Prime Minister Narendra Modi. The BJP is aligned with right-wing politics and has close ideological and organisational links to the Rashtriya Swayamsevak Sangh (RSS), a Far-right politics, far-right Paramilitary organization, paramilitary organisation. Its policies adhere to Hindutva, a Hindu nationalism, Hindu nationalist ideology. it is the country's biggest political party in terms of representation in the Parliament of India as well as State legislature (India), state legislatures. The party's origins lie in the Bharatiya Jana Sangh, which was founded in 1951 by In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meenakshi Lekhi
Meenakshi Lekhi (born 30 April 1967) is an Indian politician who served as the Minister of State for External Affairs and Culture of India from 7 July 2021 till 10 June 2024. She was a Member of Parliament from New Delhi Parliamentary constituency in the 16th and 17th Lok Sabha from the Bharatiya Janata Party./Loksabha/Members/MemberBioprofile.aspx?mpsno=4717 She is also a lawyer in the Supreme Court of India. She won the high-profile New Delhi parliamentary constituency as a BJP candidate in the 2014 elections and was re-elected in 2019. In July 2016, she was appointed as chairperson of the Committee on Privileges of the Lok Sabha in Parliament. On 26 July 2019, Lok Sabha speaker Om Birla appointed Lekhi as a chairperson of parliamentary committee on Public Undertakings and is continuing since then in that position. Besides writing articles in journals, periodicals and newspapers on socio-political issues, she participates in various television shows on matters o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of External Affairs (India)
The minister of external affairs (or simply, the external affairs minister ''Hindi:'' ''Videsh Mantri'') is the head of the Ministry of External Affairs (India), Ministry of External Affairs of the Government of India. One of the senior-most offices in the Cabinet of India, union cabinet, the chief responsibility of the minister of external affairs is to represent the government of India in the international community and advance its interests on the global stage. As such, the minister plays an important role in shaping and directing the country's Indian foreign policy, foreign policy. Typically, the minister is assisted by one or more junior ministers, known as Ministers of State (MoS) for External Affairs. India's first prime minister, Jawaharlal Nehru, simultaneously held the post of External Affairs Minister throughout his 17-year premiership and remains the longest-serving External Affairs Minister, followed by S. Jaishankar, the currently serving External Affairs Minister. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Byju's
Byju's (stylised as BYJU'S) is an Indian multinational educational technology company, headquartered in Bengaluru. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of October 2024, various media outlets reported that Byju's valuation has now plummeted to zero, down from its peak valuation of $22 billion in 2022. In April 2023, the company claimed it had over 150 million registered students. In April 2024, according to a report by ''The Times of India'', Byju's has laid off approximately 500 employees, mainly from its sales and marketing departments. In July 2024, the National Company Law Tribunal (NCLT) allowed Byju's parent Think and Learn to move forward insolvency proceedings in a plea filed by the Board of Control for Cricket in India (BCCI) over unpaid dues amounting to over ₹158 crores. The order was later quashed by the NCLT Chennai after the two parties agreed to a settlement. History Byju's app was developed by Think and Learn Pvt. Ltd, a co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punjab National Bank Scam
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. The fraud was allegedly organized by jeweller and designer Nirav Modi. Nirav, his wife Ami Modi, brother Nishal Modi and uncle Mehul Choksi, all partners of the firms, M/s Diamond R US, M/s Solar Exports and M/s Stellar Diamonds; along with PNB officials and employees, and directors of Nirav Modi and Mehul Choksi's firms have all been named in a charge sheet by the CBI. Nirav Modi and his family absconded in early 2018, days before the news of the scam broke in India. India's Enforcement Directorate has begun attaching assets of the accused and is seeking to immediate confiscation under the Fugitive Economic Offenders Ordinance. Nirav is on the Interpol's wanted list for criminal conspiracy, criminal breach of trust, cheating and dishonesty includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
