In Delhi The Supreme Court refused to interfere with the policy on FDI in retail saying that if it does not stand in Parliament then it would be at government’s peril. A bench of justice RM Lodha and AR Dave told that the policy making is the “sole prerogative of the executive” and refused to [ Read More ]
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Reebok booked for violation of FEMA by EDReebok has been booked for alleged Foreign Exchange Management Act (FEMA) violations by the Enforcement Directorate (ED). Reebok may face penal action and money laundering charges for running unauthorized retail outlets as well as breach of export commitments. Reebok India — now a subsidiary of the German sports goods-maker Adidas. Sources said the ED has [ Read More ] ED to question Jagan for 14 daysThe CBI court today allowed ED to interrogate Jagan, as the parliament member from Kadapa is popularly known, in Chanchalguda Central Jail for 14 days in illegal assets case. The court, which had July 2 reserved its orders on the ED plea, permitted the central agency to question Jagan from July 7 to July 21. [ Read More ] |
