RBI Compounds FEMA Violations By Apothecon Pharmaceuticals
The RBI imposed a Rs 40.52 lakh compounding amount on Apothecon Pharmaceuticals for FEMA violations, following which the ED closed its investigation.
ED Flags Financial Irregularities In Rajesh Exports FEMA Probe
The ED intensified its FEMA probe into Rajesh Exports, alleging irregularities in foreign transactions, inventory records and overseas investments.
ED Questions Paytm Executives in Preliminary Probe of Alleged FEMA Irregularities
As of now, the ED has not identified any FEMA irregularities. However, they are concurrently conducting an investigation under the Prevention of Money Laundering Act (PMLA) related to the company.
