Live Breaking News & Updates on Shows group moved funds

Stay informed with the latest breaking news from Shows group moved funds on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Shows group moved funds and stay connected to the pulse of your community

DRI moves tribunal against relief to Essar Group in over-invoicing case

Between March 2015 and August 2016, the Mumbai zone of the Directorate of Revenue Intelligence had issued issued show-cause notices (SCNs) against several Essar Group companies. . The agency said investigations showed the group allegedly siphoned off funds abroad through GSF, an intermediary in the UAE, which was controlled and managed by the Ruia family through the ultimate holding company of the Essar Group.

Bombay , Maharashtra , India , Mumbai , Lucknow , Uttar-pradesh , Matix-fertilisers-chemicals-ltd , Essar-group , Equity-program , Shows-group-moved-funds , Indian-school-of-business