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ED probing money laundering cases against Bharti Airtel
Vinod Dasari, managing director, Ashok Leyland, told NDTV Profit that the company is planning to make about 36,000 vehicles in FY13-14. “We are happy about the exports market that we have developed. Southern markets are seeing revival,” he added.
15 May 2012, 01:12 PM IST 
German finance minister Wolfgang Schaeuble
The Enforcement Directorate (ED) is probing money laundering cases against Bharti Airtel, minister of state for finance S.S. Palanimanickam informed the Rajya Sabha on Tuesday.
"ED is investigating cases under the provisions of Prevention of Money Laundering Act, 2002, and Foreign Exchange Management Act, 1999, involving Bharti Airtel Ltd," he said in a written reply.
The minister, however, did not provide additional information, saying: "It may not be in the interest of the ongoing investigations to provide any further details."
Bharti Airtel is the country's largest private telecom company, which offers mobile phone services under the Airtel brand. It has operations in several other countries, including Africa.