A Delhi court Tuesday dismissed a bail plea of V Hansprakash, an accused in the IL&FS financial irregularities case. Additional Chief Metropolitan Magistrate Dinesh Kumar rejected the bail plea of ...

MUMBAI: Enforcement Directorate (ED) summoned NCP leader and former minister Jayant Patil in a money laundering case pertaining to the Infrastructure Leasing & Financial Services Limited (IL&FS).

According to Sebi, the exposure of IL&FS, at the relevant times, was critical to the financial stability as its share in total exposure of banks to NBFC sector was fairly high. Cracking the whip for ...

NEW DELHI: A week after the Supreme Court allowed investigation to continue against Deloitte and KPMG’s Indian subsidiaries, the Enforcement Directorate (ED) on Wednesday searched premises of audit ...

The National Company Law Appellate Tribunal (NCLAT) on Wednesday dismissed the pleas of IL&FS auditors — Deloitte Haskins & Sells and KPMG arm BSR & Associates — challenging their impleadment in the ...

The Securities and Appellate Tribunal (SAT) has refused to stay the proceedings initiated by SEBI seeking to impose a higher penalty on India Ratings in the IL&FS matter. Regarding an appeal against ...

Premium In its recommendation regarding the auditors, the investigation report has said that the National Financial Reporting Authority (NFRA) and the Institute of Chartered Accountants of India (ICAI ...

Markets regulator Sebi on December 26 imposed a penalty of Rs 25 lakh each on rating agencies ICRA and CARE for failing to exercise "due diligence" while assigning credit rating to the non-convertible ...