NEW DELHI: The Enforcement Directorate (ED) has conducted searches against the Vedanta Group as part of an investigation under the Foreign Exchange Management Act (FEMA), officials said on Tuesday.Sources said the action against the mining conglomerate, promoted by billionaire industrialist Anil Agarwal, was initiated on Monday.According to officials, the searches were carried out after the central agency launched a FEMA probe into the company. Further details of the investigation are yet to be disclosed.An official response from the company is awaited.(With agency inputs)
