ED clamps down on Choksi brothers, files complaint over offshore assets worth Rs 8 crore

ED clamps down on Choksi brothers, files complaint over offshore assets worth Rs 8 crore

Follow Us on Google News Mumbai, March 22 (IANS) The Directorate of Enforcement (ED), Mumbai Zonal Office, has filed a Prosecution Complaint (PC) against Sidharth Abhay Choksi and Abhay Sajanlal Choksi in connection with a case involving undisclosed foreign income and assets. The Special Court (PMLA), Mumbai, took cognisance of the complaint on March 19, … Read more

Centre blocks 357 illegal offshore online money gaming platforms, 700 under scanner

Centre blocks 357 illegal offshore online money gaming platforms, 700 under scanner

Follow Us on Google News New Delhi, March 22 (IANS) The government on Saturday said that it has blocked 357 websites/URLs of illegal/non-compliant offshore online money gaming entities so far, and 700 such entities are under the scanner. The Directorate General of Goods and Services Tax Intelligence (DGGI) has intensified its enforcement actions against offshore … Read more

24-hour coastal shutdown against offshore mining in Kerala

24-hour coastal shutdown against offshore mining in Kerala

Thiruvananthapuram, Feb 27 (IANS) All fishing activities in Kerala have come to a grinding halt after the Fisheries Coordination Committee called for a 24-hour total coastal shutdown protesting against the Centre’s move to mine the sea off the Kollam coast. The Committee includes members from the traditional political fronts in the state — the ruling … Read more

Operating profits of offshore rig operators to surge by 30-35 per cent in 2025-26: Crisil

Operating profits of offshore rig operators to surge by 30-35 per cent in 2025-26: Crisil

New Delhi, Feb 4 (IANS) Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 per growth in the current fiscal year, according to a Crisil Ratings report released on Tuesday. “This increase will be on the back of continued renewal of rig contracts … Read more