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As a new layer of the IL&FS mess gets exposed every other day, Grant Thornton's forensic audit report now suggests that IL&FS Transportation Networks Ltd's (ITNL) current CEO, Dilip Bhatia, was among the decision-makers in terms of rating changes of the company and very much tried to conceal...
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Activists and concerned citizens around India have been fighting against mandatory linking of Aadhaar on various fronts. Even after Supreme Court’s ruling on where Aadhaar is not mandatory, there have been situations where the unique ID is still being erroneously asked as a prerequisite for...
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Grant Thornton India LLP, which was appointed to conduct forensic audit on credit rating agencies (CRAs) by Infrastructure Leasing & Financial Services (IL&FS) reveals nexus between key employees of the scam-hit group and top executives of rating agencies. The interim report from Grant...
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While contemplating our natural resources, past conversations often centered around fossil fuels and them becoming scarce due to overuse. However, recent conversations have stirred our attention to another natural resource that is available in abundance but is still causing a crisis in many...
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A Securities Exchange Board of India (SEBI) proposal by way of a consultative paper on 18 July 2019 to amend Reg. 33 of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations seeks to lay down in the rule book of listed entities that when auditors want to resign in the middle...
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