Congress questioned LIC's 10.8% stake in Rajesh Exports after SEBI alleged massive financial misrepresentation and fund diversion. Jairam Ramesh sought accountability, while SEBI barred promoter Rajesh Mehta from trading and ordered a fresh forensic audit into the company
The Enforcement Directorate has arrested former Jaypee Infratech MD Manoj Gaur in connection with a Rs 14,599 crore money laundering case. The agency alleged that funds collected from thousands of home buyers were diverted to group trusts, leaving projects incomplete
Cobrapost has alleged that the Anil Ambani-led Reliance Group diverted Rs 28,874 crore using shell companies and offshore entities across multiple countries. The report claims funds were routed through subsidiaries and SPVs before being written off. The group denied the allegations
