Former IPL chairman Lalit Modi announced plans to return to India after receiving legal relief in the 2009 IPL South Africa foreign-exchange case, marking a significant victory.

In a major relief to former Indian Premier League chairman Lalit Modi, a tribunal has set aside a penalty order issued by the Enforcement Directorate against him and some others…

An appellate tribunal in New Delhi set aside the Enforcement Directorate's penalty against former IPL chairman Lalit Modi and others in a FEMA case. | Mumbai news