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FEMA

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Posted inMarket

After BYJU’S Denial, ED Says Issued Show Cause Notice For FEMA Violation Of INR 9,362 Cr

In a recent development, the well-known edtech behemoth BYJU’S in India is now being investigated by the Enforcement Directorate (ED) for possible violations of the Foreign Exchange Management Act (FEMA),…
Posted by cepat November 22, 2023
Posted inMarket

BYJU’S FACES ED SCRUTINY OVER ALLEGED RS 9,000 CR FEMA VIOLATION

The Education Technology behemoth, Byju’s, and its creator, Byju Raveendran, have unexpectedly found themselves under investigation by the Enforcement Directorate (ED) for suspected FEMA (Foreign Exchange Management Act) violations totaling…
Posted by cepat November 21, 2023
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