The investigation revealed that these operations used fake e-commerce websites to hide money and get around payment restrictions.
The ED probe into the western region has revealed alleged proceeds of crime (POC) totalling Rs10,000 crore. Sources suggest that the figure could potentially double as investigations widen across India.
OctaFX is reportedly the lead sponsor of the Delhi Capitals IPL team through a group company registered in the British Virgin Islands, and allegedly paid Rs10.75 crore in FY22 and Rs11.25 crore in FY23 under the sponsorship deal. However, it is not authorised by the Reserve Bank of India to offer forex trading services.
OctaFX, along with several other forex trading companies, is accused of establishing fake e-commerce platforms to legitimise betting funds.
Diese Geschichte stammt aus der September 19, 2024-Ausgabe von The Free Press Journal.
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Diese Geschichte stammt aus der September 19, 2024-Ausgabe von The Free Press Journal.
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Arjun is grateful to Rohit Shetty
Actor took to his Instagram and shared a series of BTS photos and videos from the sets of his film Singham Again
Breaking taboos
Actress Neha Dhupia advocates menstrual health awareness
Untold stories of Ramayan
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A visually stunning rom-com
Director Danish Aslam offers this film as an Indian twist on the classic Hallmark the films- a feel-good romance where love conquers all odds.
Diseases linked to physical inactivity
According to the WHO, physical inactivity is a serious health problem worldwide. It is a major cause of disability and deaths of around two million people in a year.
Women have a higher risk of knee injuries than men
The knee consists of the thigh bone, that is, a bottom end composed of two round knobs, sitting on the comparatively flat top end of the shin bone.
Hectronic launches Lubrication Management System
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MARPOSS: Innovating EV Battery Production
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Sany India eyes 50% y-o-y growth in mining
Our vision for Sany's mining division is to drive consistent and robust growth, aiming for over 50% year-on-year expansion—a target we've successfully achieved over the past two years.
Swelect unveils TOPCon modules for global expansion
At REI Expo 2024, mojo4industry engaged in a conversation with V. C. Raghunath, Director of Swelect Energy Systems Ltd.
