Guangzhou (China), Dec 15 (IANS) Japanese men's singles world No. 1 Kento Momota vanquished a fourth straight opponent here on Saturday to reach the c...Read more
Bhubaneswar, Dec 15 (IANS) The Belgium team, which stormed into final by beating England 6-0 in the men's hockey World Cup semi-finals here on Saturd...Read more
Kolkata, Dec 15 (IANS) Mohun Bagan coach Sankarlal Chakraborty said on Saturday that the team has previously won in the absence of star winger Sony No...Read more
Dambuk Valley (Arunachal Pradesh), Dec 15 (IANS) The annual JK Tyre Orange 4x4 Fury competition, which kicked-off on Saturday in this picturesque vall...Read more
Bhubaneswar, Dec 15 (IANS) The International Hockey Federation (FIH) said on Saturday that the Junior Hockey World Cup will be held every two years....Read more
Perth, Dec 15 (IANS) After losing both their openers for eight runs, India managed to recover to post 172/3 at the end of day two of the second test o...Read more
Bhubaneshwar, Dec 15 (IANS) Belgium thrashed a disjointed England 6-0 to enter the final of the men's hockey World Cup for the first time here on Sat...Read more
Madrid, Dec 15 (IANS) Atletico Madrid president Enrique Cerezo has vowed to fight to qualify for the UEFA Champions League final, scheduled to be play...Read more
New Delhi, Dec 15 (IANS) The Enforcement Directorate (ED) on Saturday said it has seized assets worth Rs 20.87 crore of Dabur India Director Pradip Burman and properties worth Rs 10.28 crore of Emmar MGF Managing Director Shravan Gupta, for holding assets abroad.
The Directorate said that seizure order was issued pursuant to investigation which revealed that Burman has deposited US$32,12,000 in his account with Zurich branch of the HongKong and Sanghai Banking Corporation (HSBC), in Switzerland.
The agency said in a statement, the money deposited was in contravention of the Foreign Exchange Management Act (FEMA), and the amount had not been remitted to India to date.
The ED said the seizure of assets of Gupta were made for holding US$15,40,650 in HSBC, Switzerland in contravention of the FEMA.
"Investigation conducted so far has revealed that Gupta had parked US$15,40,650 with HSBC, Switzerland and failed to produce any evidence of bringing the entire amount back to India to date," the agency said.