August 28, 2017
The government will launch a multi-agency crackdown on about 17,000 companies including some stock market listed investment advisory firms, realty businesses, hotels, grain mills, jewellery traders and a few film production and media houses for funneling thousands of crores of undisclosed funds over the last several months.
A latest government dossier lists 16,794 companies as the main conduits for moving around slush money after the sudden demonetisation of Rs 500 and Rs 1000 notes on November 8 last year.