ED raids Jindal group firms; probe alleges Rs 505 crore moved abroad via sham deals
The Enforcement Directorate (ED) has searched 13 locations in Delhi NCR and Hyderabad connected to the B C Jindal group and its promoters, including Shyam Sunder Jindal, over suspected violations of the Foreign Exchange Management Act (FEMA), 1999. According to an official update shared by the agency on its X handle, the operation, conducted on…