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BusinessToday.In
New Delhi, July 21, 2019
India Ratings refuted the Grant Thornton report, saying that it is based on partial and selective source material from IL&FS and demonstrates a limited understanding of the credit rating process


PTI
New Delhi, July 20, 2019
In an interim forensic audit report on role of credit rating agencies engaged by the erstwhile management, Grant Thornton has flagged a number of cases amounting to potential favours and gifts given to senior officials of the agencies and even their family members.


BusinessToday.In
July 19, 2019
During this month, credit rating agencies ICRA and CARE have sent their CEOs on leave pending investigations against them


BusinessToday.In
July 19, 2019
As per ED's investigators, then senior management of IL&FS comprising Ravi Parthasarathy, Arun Saha and Hari Sankaran used to engage in talks with ICRA's analyst team to get \"desired things\".


PTI
New Delhi, July 19, 2019
The tribunal allowed prosecution of C Sivasnkaran and his group as the probe has revealed that management of IFIN abused their position by giving loans to the Siva group as some group companies failed to repay the earlier loans granted to them by IFIN.


BusinessToday.In
New Delhi, July 18, 2019
In absence of Rajesh Mokashi, Care Ratings has appointed TN Arun Kumar, executive director, as interim CEO of the company


Reuters
July 18, 2019
India's CARE Ratings Ltd has placed Chief Executive Officer Rajesh Mokashi on leave until further notice, the company said here late on Wednesday, making it the second rating agency to do so amid regulatory concerns.


BusinessToday.In
New Delhi, July 16, 2019
IL&FS crisis: The revised proposal involves some concessions and modification of terms of financial debt availed by these entities from the lenders.


BusinessToday.In
New Delhi, July 16, 2019
Deloitte Haskins and Chaturvedi & Shah have sought more information from the company on its financials under Section 143 of the Companies Act, 2013


Anand Adhikari
New Delhi, July 15, 2019
The auditors recently noted that the company's ability to raise funds has substantially impaired and the business has come to a standstill because of challenges in fresh disbursements


Reuters
New Delhi, July 14, 2019
The company said it was \"undergoing substantial financial stress\" and its ability to raise funds was \"substantially impaired and the business has been brought to a standstill with there being minimal/virtually no disbursements.\"


BusinessToday.In
July 13, 2019
A two-member NCLAT bench has given IL&FS 15 days to restructure debts of its 10 'amber' entities and questioned the debt-laden company about plans for resolution of its remaining group firms


BusinessToday.In
July 11, 2019
DHFL crisis: The auditors' decision to resign ahead of the board meeting follows unsatisfactory reply to their requests pertaining to fund deployment by DHFL.


Aseem Thapliyal
July 11, 2019
Titan Company share price which stood at Rs 1,328 level on July 3 has lost 17% since then due to a flurry of downgrades, a dim June quarter for jewellery business and rise in import duty on gold from 10% to 12% in Union Budget 2019.


Aseem Thapliyal
July 9, 2019
Titan Company's share price has been losing for the last four days and fallen 14.87% in the period. Titan Company share price opened at a loss of 6.15% at 1175 level compared to the previous close of 1252.65 on BSE.


PTI
New Delhi, July 8, 2019
Net outflows from debt-oriented schemes were more than Rs 1.71 lakh crore in June against inflows of Rs 70,119 crore in May, the data by Association of Mutual Fund of India (AMFI) showed.


BusinessToday.In
New Delhi, July 8, 2019
Last week, Finance Minister Nirmala Sitharaman presented her first Union budget and also the first budget of the Narendra Modi government's second term in office


BusinessToday.In
New Delhi, July 8, 2019
Finance Minister Nirmala Sitharaman addressed a group of economists and industrialists at the Budget round table hosted by India Today at CII.


BusinessToday.In
New Delhi, July 8, 2019
At the Budget roundtable hosted by India Today TV for the finance minister of India, Uday Kotak, MD, Kotak Mahindra Bank lauds Nirmala Sitharaman for the bold steps announced in the budget which could change the interest rate scenario for the country. Watch the video for more.


PTI
July 8, 2019



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