Prøve GULL - Gratis
ED Raids Places Linked to Soros-Backed Body
Hindustan Times Lucknow
|March 19, 2025
ED Found Money Trail of ₹25 Crore From Soros' Companies to Several NGOs in India, Officials Said
NEW DELHI: The Enforcement Directorate (ED) on Tuesday carried out searches at eight locations in Bengaluru in connection with a foreign exchange violation probe against American billionaire George Soros-founded Open Society Foundations and its impact investment arm Soros Economic Development Fund (SEDF), people familiar with the development said.
The searches, for potential violations of the Foreign Exchange Management Act or FEMA, were carried out at NGOs and other firms funded by OSF and SEDF, and at Aspada Investments Private Limited, which is the holding company of SEDF. ED said Aspada is the investment advisor/fund manager of SEDF in India and is a wholly owned subsidiary of a Mauritius-based entity.
The agency found a money trail of ₹25 crore from Soros' companies to several NGOs in India, officials said, adding funds worth ₹300 crore sent by OSF through its subsidiaries through automatic FDI route are under the scanner. It is learnt that SEDF funded more than 12 companies in India to the tune of ₹300 crore.
Denne historien er fra March 19, 2025-utgaven av Hindustan Times Lucknow.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Lucknow
Hindustan Times Lucknow
Google Pay eyes credit ecosystem beyond payments
Google Pay has been distributing personal loans on behalf of its lending partners for several years and has now expanded its product suite to include credit cards.
2 mins
December 18, 2025
Hindustan Times Lucknow
A remit too wide: Personality rights without a rulebook
Celebrity actors, singers, and even sportspersons, are rushing to court to stop the unauthorised use of their name, face, voice or likeness.
4 mins
December 18, 2025
Hindustan Times Lucknow
'Won't be able to work unless producers agree to 12-hour shifts'
As the debate around fixed work hours in the film industry continues, actor Radhika Apte has lent her voice to the demand, saying it is “not possible” for her to work without clearly capped shifts.
1 min
December 18, 2025
Hindustan Times Lucknow
'Alcoholic's personality': Trump backs chief of staff after explosive interview
Who is Susie Wiles?
2 mins
December 18, 2025
Hindustan Times Lucknow
NCERT Class 7 book links Arthashastra to modern infra, UPI
A new Class 7 NCERT social science textbook released recently, has linked India's modern economic achievements with ancient thoughts to highlight how ideas first articulated in Kautilya's Arthashastra, believed to have been written in the 4th century BCE, continue to resonate in contemporary policy making.
2 mins
December 18, 2025
Hindustan Times Lucknow
I was choking on stage: Delhi AQI forces Kavita Seth to cancel Mumbai gig
Singer Kavita Seth has spoken about a harrowing live performance in Delhi, where the severely deteriorating air quality left her struggling to breathe on stage and ultimately forced her to cancel a subsequent concert in Mumbai.
1 min
December 18, 2025
Hindustan Times Lucknow
OTT CONTENT NOT REGULATED BY CENSOR BOARD, CLARIFIES GOVT
Reiterating the existing regulatory framework in place under the Information Technology (IT) Rules, 2021, the government on Wednesday said that OTT platforms such as Netflix, Amazon Prime Video and Disney+
1 min
December 18, 2025
Hindustan Times Lucknow
India tops world body's doping numbers again
With 260 Adverse Analytical Findings (AAFs) from over 7000 samples tested by National Anti Doping Agency (NADA) in 2024, India remains in the top tier of the global doping charts, a recent report from World Anti Doping Agency (WADA) has revealed.
2 mins
December 18, 2025
Hindustan Times Lucknow
Rajya Sabha passes bill allowing 100% FDI in insurance sector
The Rajya Sabha on Wednesday passed a bill to allow 100% foreign direct investment (FDI) in insurance in a move aimed at boosting capital inflows and expanding one of the world’s fastest-growing insurance markets.
1 mins
December 18, 2025
Hindustan Times Lucknow
SC asks MCD to consider shutting border toll plazas
The Supreme Court ‘on Wednesday asked the Municipal Corporation of Delhi (MCD) to urgently consider the temporary closure or shifting of nine toll plazas at Delhi's borders to ease traffic congestion and curb rising pollution levels in the National Capital Region, making it clear that public health concerns would override revenue considerations.
1 mins
December 18, 2025
Listen
Translate
Change font size