Tag: FIITJEE

The Enforcement Directorate (ED) on Thursday conducted raids at eight locations linked to FIITJEE coaching centres, including the premises of the promoters. The raids are part of an ongoing investigation into alleged financial irregularities and violations under the Prevention of Money Laundering Act (PMLA).

FIITJEE, the renowned coaching institute for JEE aspirants, has broken its silence regarding the sudden closure of several of its centres across the country, attributing the decision to the "overnight desertion" by the managing partners and their entire teams. The institute made it clear that it was a victim of exploitation, which contributed to its current financial woes. Despite its promises to resume operations, many parents are left skeptical about the situation.