Live
- Qatar to Gift Boeing 747-8 to Trump: A $400 Million Surprise
- Top AI Background Generators in 2025
- PM Modi Visits Adampur Airbase, Praises Jawans In
- Sunny Deol marks 40 years of ‘Arjun’, calls for revival of cinema that speaks for the forgotten
- Hyderabad: Job Mela in Nampally, Great Opportunity for Job Seekers
- Dino Morea draws parallel between himself and his ‘The Royals’ character
- Indian telcos poised to rake in higher revenue as rural data usage surges
- WTC 2025-27: Shubman Gill or Bumrah Likely to Lead Team India in England
- TN Pollution Control Board tightens rules on stone crusher operations
- Indian junior women’s hockey team set to play Four Nations Tournament in Argentina
Mahesh Babu seeks time to appear before ED
Tollywood superstar Mahesh Babu wrote to the Enforcement Directorate (ED) stating that he wouldn't be able to attend inquiry due to his shooting schedule and requested for a new date in a case related to a brand endorsement.
Hyderabad: Tollywood superstar Mahesh Babu wrote to the Enforcement Directorate (ED) stating that he wouldn't be able to attend inquiry due to his shooting schedule and requested for a new date in a case related to a brand endorsement. The actor was recently summoned by the ED and asked to appear before the officials on Sunday.
As per the previously scheduled appointment, Mahesh Babu was expected to present himself before the officials on Sunday.
However, he did not attend and instead sent a letter to the ED officials, explaining the reasons for his absence.
The issue is related to his remuneration from city-based Surana Group and Sai Surya Developers, for promoting their real estate projects. Mahesh Babu was the brand ambassador for these two realty firms and reportedly received over Rs 11 crore for appearing in their advertisements.
Mahesh Babu reportedly received a remuneration of Rs 5.5 crore from Surana Group and Rs 5.9 crore Sai Surya Developers, for promotional activities. He received Rs 2.5 crore in cash and Rs 3.4 crore via cheque from Sai Surya Developers, which reportedly will be the focal point of the investigation.
The ED notice to Mahesh Babu came a week after it conducted searches at the premises of the realty firms in Hyderabad. The agency announced that it had unearthed unaccounted cash transactions worth Rs 100 crore and seized Rs 74.50 lakh cash during searches in connection with an ongoing investigation against Sai Surya Developers and others.
The ED stated that it initiated investigation on the basis of several FIRs registered by Telangana Police against Sai Surya Developers, Bhagyanagar Properties Ltd of Surana Group, and others under various sections of IPC for defrauding and cheating gullible customers of their hard-earned money in the name of advance for sale of plots involving huge amounts.
