Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 229 results found. Search for [ SFIO ]

Results 1 to 21 of 229
BusinessToday.In
June 17, 2019
Once the court passes an interim order freezing the assets, only limited withdrawal of funds is allowed for the sustenance of the account holders. In December, the NCLT had frozen the assets of nine top brass officials of the Group


PTI
New Delhi, June 16, 2019
The Sebi probe had begun soon after the crisis came to light at IL&FS group last year, following huge defaults by various entities which together had a debt burden of over Rs 90,000 crore


Reuters
June 13, 2019
After the government took over IL&FS, federal investigators began looking into one of its key financial units, IFIN, which was audited by Deloitte between 2008/09 and 2017/18, and by a KPMG affiliate, BSR & Associates, from 2017/18.


PTI
June 12, 2019



PTI
June 11, 2019
As per the report, a part of a loan disbursed to SIVA Group was used by the borrower to pay IFIN for the liabilities arising out of a debt syndication fee


Reuters
June 11, 2019
The corporate affairs ministry told a company law tribunal that the companies \"miserably failed\" to fulfil their duties as auditors for IL&FS Financial Services (IFIN)


Dipak Mondal
New Delhi, June 11, 2019
The charge sheet filed by SFIO in the IL&FS default case points to a criminal conspiracy by the top management to hide the worsening financial health of the company


BusinessToday.In
June 10, 2019
While the NCLAT allowed banks to declare IL&FS Group's accounts as NPAs last month, it had put a stop on initiating the recovery process. But an internal assessment found that at least nine major banks made unauthorised withdrawals of about Rs 800 crore during the moratorium period


Sahil Joshi
Mumbai, June 7, 2019
The charge sheet also remarked that IL&FS kept functioning despite the RBI inspection. SFIO also noted that the crisis could have been prevented if the central bank had acted.


BusinessToday.In
New Delhi, June 7, 2019
Aurobindo says the case appears to be devoid of merits and consists of baseless allegations; Aceto has sought fair compensation from the Indian drugmaker


BusinessToday.In
New Delhi, June 7, 2019
The overall expenditure in the General Election 2019 stands at Rs 60,000 crore, as per a report by Centre of Media Studies. Of this, 40 per cent was spent by individual candidates while parties spent around 35 per cent


BusinessToday.In
June 7, 2019
The said loans include a personal loan to the tune of Rs 29 crore to ABG group promoter Rishi Agarwal's wife Anupama Agarwal, all granted on the instructions of the top management of IL&FS.


PTI
June 4, 2019



BusinessToday.In
June 4, 2019
With the Serious Fraud Investigation Office filing an 840-page chargesheet accusing IL&FS Financial Services Ltd (IFIN) of various malpractices, including loan evergreening, the banking regulator may take the extreme step of cancelling its NBFC licence


PTI
New Delhi, June 2, 2019
The SFIO has charged the erstwhile top management members of the group's financial services subsidiary IFIN of forming a \"coterie\" with its auditors and independent directors to defraud the company


PTI
June 2, 2019



BusinessToday.In
New Delhi, June 1, 2019
This comes after these auditors were charged with \"colluding with management of IL&FS Financial Services\" and falsifying its book of accounts deceptively.


BusinessToday.In
May 30, 2019
The Economic Offences Wing officials took former Religare Chairman Sunil Godhwani into custody as Serious Fraud Investigation Office (SFIO) had issued a lookout notice against him in the Fortis-Religare fraud case.


BusinessToday.In
May 28, 2019
In an attempt to step up proactive vigilance, the Ministry of Corporate Affairs has issued a look-out circular (LOC) with the names of over 20 people suspected of economic offences. The list includes individuals involved in high-profile investigations such as the IL&FS probe.


Reuters
May 24, 2019
The developers were tasked with transforming an expanse larger than New York's Central Park into a city with more than 100 skyscrapers supporting more than 1 million jobs - all within a decade


PAGES 1 OF 12  12345