

ED conducts searches at Byju’s over alleged FEMA violations
The Enforcement Directorate (ED) has conducted searches at the Bengaluru-located residence and offices of Edtech major Byju’s CEO Raveendran Byju in connection with the Foreign Exchange Management Act (FEMA) violations. What is Foreign Exchange Management Act (FEMA)? It is a set of regulations that empowers the Reserve Bank of India to pass regulations and enables […]







