<h1>ED searches multiple premises of major power conglomerate over alleged FEMA violations involving overseas investments and parked funds</h1> The Enforcement Directorate conducted searches at multiple premises of a major power-sector conglomerate and its group entities under the Foreign Exchange Management Act, targeting about 13 locations linked to directors and officials in Delhi-NCR and Hyderabad. Authorities are probing alleged FEMA violations concerning the group's overseas investments and the parking of funds in foreign entities. The conglomerate, with annual turnover reportedly over Rs 18,000 crore, could not be reached for comment.