Delhi court orders attachment of Vijay Mallya's properties in Bengaluru

The Bengaluru Police had earlier informed the court that it had identified 159 properties belonging to Vijay Mallya but had not been able to attach any of them.

Delhi Court to hear FERA violation case against Mallya on Jan 4

The ED, on January 4, is likely to press for declaring Mallya a PO since the court has already given him the last opportunity to appear in the case.


FERA case: Madras High Court grants more time to TTV Dhinakaran to cross-examine witness

The ED has registered the case against Dhinakaran in 1996 charging him with acquiring 1.04 crore US dollars in foreign exchange without obtaining prior permission from the Reserve Bank of India in violation of Foreign Exchange Regulation Act (FERA).

Express Economic history series- 3: How ‘draconian’ FERA clause triggered flush of retail investors

The Foreign Exchange Regulation Act, or FERA, of 1973 came in the backdrop of major inflationary pressures and an uncertain outlook on exports.

Inside Track: On the Mat

On the International Yoga Day, there was no shortage of yoga enthusiasts. However, a shortage of mats was the problem.

ED likely to issue summons to senior OC officials

Games officials are likely to be called in connection with a case of alleged foreign exchange violation related to the Queen Baton Relay in London.


Mumbai Customs detain four under FERA Act

Mumbai Customs has detained four persons at the Mumbai Airport for violating the Foreign Exchange Regulation Act.