The action has been taken in “a massive real estate fraud involving WTC Faridabad Infrastructure Private Limited and other entities of the WTC Group, headed by Ashish Bhalla”, the Enforcement Directorate (ED) said.
IKEA to amplify sourcing from India for global operations, to increase local sourcing to 50%
India is a “focus market” for IKEA, where it is increasing sourcing for its global operations and increasing local sourcing to 50%