The Ministry of Corporate Affairs plans an SFIO probe into Vivo following ED allegations of money laundering, while MG Motor India faces a broader investigation after adverse RoC findings from a 2022 case. Vivo, amidst arrests related to alleged money laundering, reaffirmed its commitment to legal compliance. ED raids in 2022 claimed ₹62,476 crore was transferred by Vivo to China. MG Motor India denies recent knowledge of an MCA probe or requests for additional details on governance standards.
