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Top Headlines: LG Polymers probe, US may ban Chinese apps, and more

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Read more about Top Headlines: LG Polymers probe, US may ban Chinese apps, and more on Business Standard. The Trump administration has a new rule that may force some foreign students to leave the US.
The Enforcement Directorate (ED) on Tuesday pressed money laundering charges against the promoters of the GVK group of companies, officials of Mumbai International Airport Ltd (MIAL) and few other entities in connection with Rs 705 crore Mumbai Airport scam. Confirming the development, an ED official said that the Enforcement Case Information Report (ECIR), which is equivalent to a police first information report, was filed by agency under Section 3 of Prevention of Money Laundering Act (PMLA). Section 3 deals with concealment of proceeds of crime where the accused shall be guilty of money laundering.

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