Tag Archives: Probes

Exclusive: ED probes largest investor in Future Generali

Kishore Biyani led Future Generali India Insurance’s deal with Shendra Advisory Services has come under the scanner of the Enforcement Directorate (ED). Shendra Advisory Services (earlier called Shendra Infrastructure Development), which is the largest investor in Future Generali India, had approached Reserve Bank of India (RBI) earlier this year for compounding amount (settlement through penalties) for the lapses it made in declaring its ... Read More »

Samsung Could Face Second Recall as US Probes Burnt Galaxy Note 7

Samsung could face an unusual second recall of its Galaxy Note 7 smartphones if one that caught fire aboard an airliner this week is a replacement device as its owner says, two former US safety officials said. The Federal Aviation Administration and the Consumer Product Safety Commission are investigating Wednesday’s incident, when a passenger’s phone emitted smoke on a Southwest ... Read More »

After German Attacks, Facebook Insists It Works With Probes

Facebook on Monday dismissed complaints by German officials that it had not been helpful in fighting terrorism and urged authorities to better formulate their requests. Following a rash of attacks in southern Germany in late July, several state officials called for websites such as Facebook to be legally required to immediately hand over user data if information relevant to an ... Read More »