Investigators seek details on all DE Shaw India deals – report
Indian investigators probing alleged foreign exchange irregularities relating to an investment made by DE Shaw have asked the Foreign Investment Promotion Board (FIPB) for details of all domestic entities that received funding from the private equity firm.
The Enforcement Directorate (ED), which is acting under the Foreign Exchange Management Act, also wants information on entities that withdrew applications for investment by DE Shaw after the FIPB queried...
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