Enforcement Directorate Launches FEMA Probes into Vedanta Ltd. Operations
Investigation Overview The Enforcement Directorate (ED), India’s federal financial investigation agency, launched a series of search operations this week at four locations associated with Vedanta Ltd. The raids, which spanned offices in Delhi, Mumbai, and Udaipur, Rajasthan, were initiated under the provisions of the Foreign Exchange Management Act (FEMA), according to official sources familiar with…