The ED is conducting searches and investigating the role of over 50 individuals and companies, including Asahi Infrastructure & Projects, IKF Technologies, Avon Corporation, K Sera Sera, CAT Technologies and Maars Software International.
"Based on the information shared by Sebi, the searches over alleged irregularities under forex rules and money laundering were conducted. The promoters of these firms have been summoned and they will be quizzed in due course," said a senior official privy to the investigations.
17 Dec, 2020 - 08:56 AM IST | By indiantelevision.com Team
NEW DELHI: No doubt Covid2019 had an impact on nearly each and every category, but it could not deter the long-term objectives of brands. They ensured that work did not stop and it was business as usual, albeit under vastly different circumstances. As the lockdown lifted, several businesses started regaining pre-Covid sales and revenues, while others are still working their way to it with optimism.
Even though there were layoffs at all levels, there were also those who picked up new roles during this challenging time. In the marketing domain, there were several big movements across brands throughout the year that surprised the industry and became the talk of the town. Some of these industry leaders joined emerging start-ups, vouching to scale them with their skills and market understanding; while others took charge of large and established brands, ensuring that their user base remains intact, and the