Prannoy Roy ,Co-Founder NDTV

ED issues show-cause notice to NDTV for FEMA violation

New Delhi : The Enforcement Directorate (ED) on Thursday served a show-cause notice on news broadcaster NDTV for allegedly flouting foreign exchange regulations in availing of overseas and foreign direct investment facilities of over Rs 4,300 crore. In a statement, the financial probe agency said: “The investigation showed FEMA (Foreign Exchange Management Act) contraventions relating […]