Aircel-Maxis case: CBI planning to question Finance Ministry officials

By on August 18, 2014 at 11:15 AM.

Aircel-Maxis case: CBI planning to question Finance Ministry officials

CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to Aircel-Maxis deal even as it plans to file the first charge sheet in the matter this week. More →
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Flipkart found in violation of FEMA; likely to be fined Rs 1,000 crore: Report

By on August 15, 2014 at 2:46 PM.

Flipkart found in violation of FEMA; likely to be fined Rs 1,000 crore: Report

Flipkart has been under the Enforcement Directorate’s scanner for the past two years for allegedly being in violation of Foreign Exchange Management Act (FEMA). The ED is now said to have completed their investigation and are reportedly looking at issuing a penalty in the tune of Rs 1,000 crore on the e-commerce giant, Economic Times reports. More →
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Google polluted the web with classified material: Survey of India

By on August 11, 2014 at 10:59 AM.

Google polluted the web with classified material: Survey of India

After registering a Preliminary Enquiry against Google for alleged mapping of classified areas, CBI has sought help of Survey of India which has alleged that the Internet giant continued to "pollute" the web with classified material despite being warned against it. More →
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