Thursday, June 18, 2026

SRK ANALYTICS

Empowering Business Through Intelligence

SRK ANALYTICS

Empowering Business Through Intelligence

Headlines

ED

Enforcement Directorate Arrests Former Reliance Anil Ambani Group Executives in Money Laundering Probe

Enforcement Directorate Arrests Former Reliance Anil Ambani Group Executives in Money Laundering Probe

Business News Desk03 mins

Enforcement Directorate Operations The Enforcement Directorate (ED) arrested two former senior executives of the Reliance Anil Dhirubhai Ambani Group (ADAG), Sateesh Seth and Gautam Doshi, in New Delhi on Wednesday as part of an ongoing money laundering investigation. The arrests follow a protracted probe into alleged financial irregularities linked to the conglomerate, with officials confirming…

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Zepto Founders Questioned by Enforcement Directorate Amid IPO Preparations

Zepto Founders Questioned by Enforcement Directorate Amid IPO Preparations

Business News Desk03 mins

Quick commerce unicorn Zepto’s co-founders, Aadit Palicha and Kaivalya Vohra, have confirmed that they were summoned for questioning by India’s Enforcement Directorate (ED) regarding potential violations of the Foreign Exchange Management Act (FEMA). The company disclosed this regulatory development in its updated Draft Red Herring Prospectus (UDRHP) as it prepares for an upcoming Initial Public…

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Enforcement Directorate Arrests Former Kotak Bank Executive in ₹145-Crore Panchkula Scam

Enforcement Directorate Arrests Former Kotak Bank Executive in ₹145-Crore Panchkula Scam

Business News Desk03 mins

Federal Probe Targets Financial Irregularities The Enforcement Directorate (ED) has arrested a former executive of Kotak Mahindra Bank in connection with a sweeping investigation into a ₹145-crore embezzlement scam involving the Panchkula Municipal Corporation. The arrest, executed this week in Haryana, marks a significant escalation in the federal agency’s probe into a sophisticated criminal conspiracy…

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ED Makes Third Arrest in ₹645-Crore IDFC First Bank Embezzlement Case

ED Makes Third Arrest in ₹645-Crore IDFC First Bank Embezzlement Case

Business News Desk03 mins

The Latest Development in the Financial Investigation The Enforcement Directorate (ED) has arrested prominent real estate businessman Vikram Wadhwa in connection with a massive ₹645-crore embezzlement case involving IDFC First Bank in Haryana and Chandigarh. Federal investigators took Wadhwa into custody this week, alleging that he personally received over ₹70 crore of the siphoned funds….

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ED Escalates Financial Crime Probes, Targets Crypto & Cyber Frauds Amidst Legal Scrutiny

ED Escalates Financial Crime Probes, Targets Crypto & Cyber Frauds Amidst Legal Scrutiny

Business News Desk04 mins

The Enforcement Directorate (ED), marking its 70th year, is aggressively escalating its investigations into financial crimes across India, asserting its power to proceed with probes under the Prevention of Money Laundering Act (PMLA) even if the predicate offense fails, amidst a significant rise in crypto and cyber-related illicit activities, while simultaneously defending its robust enforcement…

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