ED Arrests Jayathri MD Kakarla Srinivas in ₹60 Crore Homebuyer Fraud Case

December 19, 2025

ED Arrests Jayathri MD Kakarla Srinivas in ₹60 Crore Homebuyer Fraud Case

The Enforcement Directorate arrested Kakarla Srinivas, Jayathri Infrastructures' MD, for cheating and money laundering involving ₹60 crore from homebuyers. ED conducted earlier searches and will produce Srinivas in court December 19.

India’s November Exports to US Soar 22.6% Despite Tariffs

December 19, 2025

India’s November Exports to US Soar 22.6% Despite Tariffs

India’s exports to the US jumped 22.6% in November 2025, led by smartphone shipments. Despite US tariffs hitting gems and marine sectors, Indian exporters are diversifying globally.

Two Haitian Immigrants Charged in $7 Million SNAP Food Stamp Scam in Boston

December 19, 2025

Two Haitian Immigrants Charged in $7 Million SNAP Food Stamp Scam in Boston

Federal prosecutors have charged Antonio Bonheur and Saul Alisme with running a large SNAP food stamp fraud worth nearly $7 million. The scam took place over 20 months in two tiny Boston stores, where food stamps were exchanged for cash instead of groceries.

ED attaches 169 properties worth ₹3,436 crore in PACL ₹48,000 crore fraud case

December 18, 2025

ED attaches 169 properties worth ₹3,436 crore in PACL ₹48,000 crore fraud case

The Enforcement Directorate has attached 169 properties valued at ₹3,436 crore in a ₹48,000 crore fraud case involving PACL Limited. The assets are in Ludhiana, Punjab, seized under money laundering laws.

ED Facilitates ₹311.67 crore for Kingfisher Airlines’ Long-Pending Workmen Dues

December 18, 2025

ED Facilitates ₹311.67 crore for Kingfisher Airlines’ Long-Pending Workmen Dues

The Enforcement Directorate has helped release ₹311.67 crore to pay Kingfisher Airlines’ former workers. This is after a long probe and asset recovery linked to Vijay Mallya and bank fraud.