Rajesh Exports' woes deepen with ED searches
The Enforcement Directorate on Tuesday conducted searches against Rajesh Exports which is facing scrutiny from market regulator Sebi over alleged financial irregularities, official sources said. The action is understood to have been taken under the Foreign Exchange Management Act (FEMA) at the Bengaluru-headquartered company. Premises in Bengaluru and Mumbai linked to the company are being covered, they said.Also read: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Raje…
