[ By Bobby Anthony ]The Enforcement Directorate is likely to investigate the transactions of IL&FS Financial Services (IFIN) for possible money laundering, by registering a second case under the...

[ By Bobby Anthony ]The Enforcement Directorate (ED) is likely to summon Jet Airways founder Naresh Goyal to question him about alleged irregularities related to the stake sale of a wholly owned unit...

[ By Bobby Anthony ]The State Bank of India (SBI) led lenders consortium has named Grant Thornton India’s partner and Head of Restructuring Services, Ashish Chhawchharia, as the resolution...

[ By Bobby Anthony ]A recent order passed by the Securities and Exchange Board of India (SEBI) which had barred New Delhi Television (NDTV) promoters Prannoy Roy and Radhika Roy from accessing the...

[ By Bobby Anthony ]The Tamil Nadu government has been pulled up by the Madras High Court for not taking adequate steps to handle the water crisis in Chennai despite two failed monsoons.The court was...

[ By Bobby Anthony ]The government is believed to be considering the amendment of banking laws in order to check the practice of “evergreening” of loans, which means unethically disbursing fresh loans...

[ By Bobby Anthony ]After facing recent allegations of fraud leveled by Price Waterhouse & Company, Reliance Capital is believed to be looking at seeking at least informal legal advice from a top...

[ By Bobby Anthony ]Top Indian officials in New Delhi are believed to have been approached by Deloitte’s global CEO Punit Renjen recently in what is being seen as a bid to persuade them against any...

[ By Bobby Anthony ]Auditing firm Price Waterhouse & Company (PwC) has hired three legal firms, namely Shardul Amarchand Mangaldas, J Sagar and AZB, after it resigned as the auditor of Anil Dhirubhai...

[ By Bobby Anthony ]The Enforcement Directorate’s moves to declare absconding diamantaire Nirav Modi who is an accused in the Punjab National Bank scam has hit a roadblock after his lawyer Vijay...

[ By Bobby Anthony ]Fugitive diamantaire Mehul Choksi who is a key accused in the Rs 13,400-crore Punjab National Bank (PNB) scam as well as uncle of fellow absconder and accused Nirav Modi, in the...

[ By Bobby Anthony ]The Ministry of Corporate Affairs (MCA) plans to move court to freeze bank accounts and properties of past IL&FS group directors as well as move the National Company Law Tribunal...