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Mumbai: The income tax department conducted a survey at the office of financial services firm Centrum in Mumbai on Monday in relation to their foreign exchange business, a person familiar to the development said. “Centrum is a category-II authorised dealer under which RBI allows them to do money changing and up to `50,000 in cash when somebody is travelling abroad and above Rs 50,000, the PAN number has to be taken.
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MUMBAI: Nasdaq-listed Ebix has agreed to buy Mumbai-based Centrum Group’s foreign exchange business, Centrum Direct, for about $200 million (Rs 1,300 crore), multiple sources with direct …
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