Times Group’s top management questioned by ED in FEMA inquiry

Friday, 8 July 2022newsdesk

Bennett Coleman and Company Limited (BCCL), one of the country’s largest media conglomerates and publishers of the Times of India Group of publications, is under the scrutiny of a Central investigating agency, The Indian Express has learnt.

New Delhi, 08 July 2022

As per news report of The Indian Express, Top managers of the company have faced rounds of questioning by the Enforcement Directorate (ED) with the agency recently sending formal requests for corroborative information to offshore destinations, sources confirmed to The Indian Express. BCCL owns a suite of media and entertainment brands across several languages and platforms, including digital, TV and radio. Over the past few weeks, Sivakumar Sundaram, Chairman, Executive Committee (CEC) of the company; and Himanshu Agarwal, its Chief Financial Officer (CFO), have been called in for questioning at the ED headquarters in New Delhi.

Source -The Indian Express