Ratan Tata-backed firm under ED lens for foreign investments
Ratan Tata's investment arm RNT Associates is under the Enforcement Directorate's lens over its offshore investment portfolio. The agency has sought details such as nature of activities of RNT Associates, bank account details and copies of audited balance sheets. This comes after a whistleblower sent a letter to RBI explaining financials and transactions of RNT Associates and its Singapore unit.