Reliance Group Distances Itself From RCom Asset Attachments

By BPN News Desk November 21, 2025

Business

The Reliance Group led by Anil Ambani has issued a statement distancing itself from the assets recently attached by the Enforcement Directorate. The group said the properties involved belong to Reliance Communications (RCom), a company that was separated from the group years ago and is

Law & Order National

ED Conducts Major Raids On Coal Mafia In Jharkhand, West Bengal

By BPN News Desk November 21, 2025

The Enforcement Directorate (ED) carried out a large-scale operation targeting alleged coal-mafia networks across more than 40 locations in Jharkhand and West Bengal. Searches covered residences, offices and transport sites of suspected entities involved in illegal coal extraction, trading and related money-laundering activities. Details Of The Raids In Jharkhand’s Ranchi

Law & Order National

ED Raids Chennai in Coldrif Syrup Probe

By BPN News Desk October 13, 2025

The Enforcement Directorate (ED) on Monday carried out searches at seven locations in Chennai connected to Sresan Pharma, the manufacturer of the Coldrif cough syrup. The action is part of a money-laundering probe under the Prevention of Money Laundering Act (PMLA). Background: Child Deaths After Syrup Use The Coldrif cough syrup has been linked to […]

Business

ED Arrests Reliance Power CFO in Fake BG Case

By BPN News Desk October 11, 2025

The Enforcement Directorate (ED) on Friday arrested Ashok Kumar Pal, the Chief Financial Officer of Reliance Power, for his alleged role in a ₹68.2 crore fake bank guarantee scheme tied to a Solar Energy Corporation of India (SECI) tender. Details of the Allegation ED officials allege that Pal orchestrated the submission of a bogus bank […]

Law & Order National

ED Raids Actor Homes in Luxury Car Smuggling Probe

By BPN News Desk October 8, 2025

The Enforcement Directorate (ED) conducted raids at 17 locations across Kerala and Tamil Nadu in connection with a luxury car smuggling and foreign exchange violation case. Residences of popular actors Dulquer Salmaan and Prithviraj Sukumaran were among the premises searched. Details of the Case The investigation is linked to Operation Numkhor, targeting the alleged

Cricket Sports

ED Summons Dhawan in Online Betting App Probe

By BPN News Desk September 4, 2025

Former Indian cricketer Shikhar Dhawan has been summoned by the Enforcement Directorate (ED) for questioning in connection with a money laundering case linked to the illegal online betting platform 1xBet. ED Questioning Under PMLA Dhawan appeared before the ED’s Delhi office on Thursday, where his statement was recorded under the Prevention of Money Laundering Act […]

South India State News

ED Raids TN Minister Periyasamy and Son

By BPN News Desk August 16, 2025

The Enforcement Directorate (ED) carried out search operations on Saturday at multiple properties linked to Tamil Nadu Rural Development Minister I. Periyasamy and his son, I. P. Senthilkumar, who is also a DMK MLA. The action was part of an ongoing money-laundering probe under the Prevention of Money Laundering Act (PMLA). Scope of the Raids […]

Law & Order National

Anil Ambani Appears Before ED in Loan Fraud Probe

By BPN News Desk August 5, 2025

Industrialist Anil Ambani appeared before the Enforcement Directorate (ED) in New Delhi on August 5 as part of an ongoing investigation into a major bank loan fraud and alleged money laundering case. The total loan exposure under scrutiny is approximately ₹17,000 crore, involving several companies from the Reliance Group. Preventive Measures Taken by ED A […]

Business Finance

Former Axis MF Manager Arrested in ₹200 Crore Scam

By BPN News Desk August 3, 2025

The Enforcement Directorate (ED) has arrested Viresh Gangaram Joshi, the former chief trader and fund manager at Axis Mutual Fund, on charges of front‑running and money laundering. He has been remanded in ED custody until August 8, 2025 by a court under the Prevention of Money Laundering Act (PMLA). Alleged Scam Involves Investor Losses According […]

Business

ED Summons Anil Ambani in ₹17,000 Crore Loan Fraud Probe

By BPN News Desk August 1, 2025

The Enforcement Directorate (ED) has summoned businessman Anil Ambani for questioning on August 5 in connection with a major money laundering and loan fraud investigation involving companies under the Reliance Group banner. Raids Across Multiple Locations The summons comes a week after the ED conducted raids at over 35 premises across Mumbai and Delhi. These […]