Highlights

  • Alibaba Cloud among700 companies with Chinese nationals on board being investigated
  • Probe conducted under MCA revealing shocking 'forgery'

Latest news

Revealed: where political parties get money from | Shiv Sena, BJP, Congress, TMC, AAP income sources

Revealed: where political parties get money from | Shiv Sena, BJP, Congress, TMC, AAP income sources

India vs England: Pant & Jadeja rescue Team India, the visitors end Day 1 at 338/7

India vs England: Pant & Jadeja rescue Team India, the visitors end Day 1 at 338/7

21 killed as Russian missiles strike Ukraine's Odesa

21 killed as Russian missiles strike Ukraine's Odesa

Watch! Neeraj Chopra touches elderly fan's feet, earns netizen's respect

Watch! Neeraj Chopra touches elderly fan's feet, earns netizen's respect

India vs England: Rishabh Pant saves India the blemishes with his 5th Test hundred, smash many records

India vs England: Rishabh Pant saves India the blemishes with his 5th Test hundred, smash many records

Chinese firm Alibaba fabricated documents in India: reports

Alibaba Cloud (India) LLP is being investigated by the Ministry of Corporate Affairs (MCA) and the Mumbai Police

Chinese e-commerce giant Alibaba's unit reportedly fabricated documents in India as per reports citing people probing the firm. Alibaba Cloud (India) LLP currently is being investigated by the Ministry of Corporate Affairs (MCA) and the Mumbai Police based on complaints alleging criminal conspiracy, breach of trust as reports on ET.

Also read/watch| You could have an e-passport by the end of this year, Thanks to TCS

ET reports that the probe has allegedly unearthed that after Alibaba Cloud was incorporated in India, the indian-origin partner left and the control/mgmt was squarely with the Chinese nationals. Also unnamed sources added that even the registered office in Mumbai was not found to be existing.

Alibaba Cloud is one of the 700 companies with Chinese nationals on board that the MCA launched investigated based on intelligence inputs from the union home ministry on suspicion of money laundering.

Up Next

Chinese firm Alibaba fabricated documents in India: reports

Chinese firm Alibaba fabricated documents in India: reports

BMW cars will adopt Android Automotive from 2023

BMW cars will adopt Android Automotive from 2023

Explained: What are electoral bonds, issue opens July 1

Explained: What are electoral bonds, issue opens July 1

Meta internal memo revealed! Headwinds are fierce, time to be lean & mean.

Meta internal memo revealed! Headwinds are fierce, time to be lean & mean.

From PAN to crypto TDS; all rules changing from July 1

From PAN to crypto TDS; all rules changing from July 1

Is Byju's in big trouble?

Is Byju's in big trouble?

More videos

Govt raises taxes on export of ATF, diesel and petrol, RIL & ONGC hit

Govt raises taxes on export of ATF, diesel and petrol, RIL & ONGC hit

Import tax on gold hiked from 7.5% to 12.5%

Import tax on gold hiked from 7.5% to 12.5%

New Wage Code: Your salary, PF and work timings can change from today

New Wage Code: Your salary, PF and work timings can change from today

Business Briefs: Maruti's Brezza launch to hot news in a cup from Reliance

Business Briefs: Maruti's Brezza launch to hot news in a cup from Reliance

LPG Cylinder Price Cut Today: 19-Kg Commercial Cylinder becomes cheaper

LPG Cylinder Price Cut Today: 19-Kg Commercial Cylinder becomes cheaper

Twitter given 'last warning' by the Indian government, July 4 deadline given

Twitter given 'last warning' by the Indian government, July 4 deadline given

Sustainable beer, now with sewage water

Sustainable beer, now with sewage water

Annual report reveals this Indian tech CEO got a 189% hike

Annual report reveals this Indian tech CEO got a 189% hike

Byju's big layoffs continue; another 1000 gone from a unit

Byju's big layoffs continue; another 1000 gone from a unit

GST changes: Your household budget hit, here is what is more expensive

GST changes: Your household budget hit, here is what is more expensive

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.