Hyderabad: The Enforcement Directorate (ED) has seized assets worth Rs 3.19 crore of Karusala Venkat Subba Rao, Tejesh K. Kodali and Kadiyala Venkateswara Rao of 3K Technologies Limited, Hyderabad, under Foreign Exchange Management Act (FEMA)-1999. The sized assets are in the form of 15 immovable properties in Telangana and Andhra Pradesh. The ED initiated investigation […]
Of the total investment made by Indian companies in foreign markets, $1.36 billion was in the form of loan; $297.37 million comprised as equity investment and the rest of $183.82 million was by way of issuance of guarantee
