Live Breaking News & Updates on Shows Group Moved Funds Abroad

​​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. ....

Uttar Pradesh , Matix Fertilisers Chemicals Ltd , Essar Group , Equity Program , Shows Group Moved Funds , Indian School Of Business , Vadinar Power Co Ltd , Essar Oil Ltd , Supreme Court , Essar Power Gujarat Ltd , Adani Power Maharashtra Ltd , Service Tax Appellate Tribunal , Essar Bulk Terminal Salaya Ltd , Bombay High Court , Adani Power Maharashtra , Offering College , Essar Power Mp Ltd , Essar Projects India Ltd , Revenue Intelligence , Adani Group , Corporate Journey , Strategic Skill , Private Equity , Operations Officer , Shows Group Moved Funds Abroad , Adani Power Maharashtra Limited ,