After demonetisation, ED probing over 3,700 money laundering, FEMA cases

After demonetisation, ED probing over 3,700 money laundering, FEMA cases

The ED is investigating over 3,700 cases of money laundering and hawala transactions, involving tainted assets worth Rs 9,935 crore, as part of its action against black money generated post demonetisation, an official report today said. The central probe agency...
read more
‘Big Black Money Bonhomie’ Under Scanner In Shell Companies Probe: Report

‘Big Black Money Bonhomie’ Under Scanner In Shell Companies Probe: Report

New Delhi: A ‘black money bonhomie’ has come under the scanner involving builders, brokers and Bollywood entities as a multi-agency probe gets underway to pierce the corporate veil of hundreds of suspected shell companies. Capital markets regulator...
read more
Sensex, Nifty Likely To Extend Rally: Five Stocks In Which You Can Make Money

Sensex, Nifty Likely To Extend Rally: Five Stocks In Which You Can Make Money

The S&P BSE Sensex has been firmly perched above Mount 32,000 while the broader Nifty50 index has broken beyond the crucial 10,000 mark. The markets were a tad disappointed with a 0.25 per cent repo rate cut by RBI but...
read more
CAs could be punished for helping clients in money laundering

CAs could be punished for helping clients in money laundering

The government has moved to punish chartered accountants if they help clients hide ill-gotten wealth through opaque bank transactions, or money laundering, two top officials said on Tuesday. The proposal to tweak the Prevention of Money Laundering Act (PMLA) c...
read more
CAs could be punished for helping clients in money laundering

CAs could be punished for helping clients in money laundering

The government has moved to punish chartered accountants if they help clients hide ill-gotten wealth through opaque bank transactions, or money laundering, two top officials said on Tuesday. The proposal to tweak the Prevention of Money Laundering Act (PMLA) c...
read more
Is Your Angel Investor Playing Power Ball or Money Ball?

Is Your Angel Investor Playing Power Ball or Money Ball?

Sophisticated investors in high potential start-up companies generally take one of two approaches to angel investing, which I call “power ball” and “money ball”. Either of these approaches can yield high financial returns, but their success requires an...
read more