Suspicious transaction reports Subject : Security Section: Money laundering Context: The Enforcement Directorate (ED) has filed a First Information Report (FIR) against certain entities, including some employees of the bank, over alleged financial irregularities. Details: The IndusInd bank had suo moto filed Suspicious Transaction Reports (STRs) with the regulatory authorities regarding certain entities […]
AIP Technology for Submarines Subject: Defence and Security Section: Submarines Context: France’s Naval Group, one of five shortlisted Original Equipment Manufacturers (OEM) for the Navy’s P-75 India (P-75I) project to build six conventional submarines within the country, announced it would not bid for the project. The reason was that the Request for Proposal […]