The government is seeking a five year ban on audit firms KPMG and Deloitte for their alleged roles in the IL&FS failure.

BSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.

The ministry had in June moved NCLT seeking a five-year ban on them on these auditors in the IL&FS saga.

Auditors can’t be put in the same category as independent directors and senior management, they argued.

ED claims despite IFIN profits declining, sitting fee of accused Saha and Ramchand increased.

BSR said the investigators had made false allegations against the auditors without understanding accounting principles and regulations.

Sebi has been conducting an in-depth investigation into the role of several entities and individuals, including for suspected violation of ...

New probe likely to target six erstwhile co directors; agency questions Deloitte India CEO again.

SFIO, which is investigating the IL&FS case, has suggested that the RBI launch an internal investigation into the issues linked to the NBFC...

The proposed ban, could prevent the two firms from auditing any listed or unlisted company for five years.

Most of the exposure to A2Z Group was rolled over for three years and planned to be migrated to a special purpose vehicle formed for the Ka...

Evergreening is a ploy to mask loan default by giving new loans to help delinquent borrowers repay old loans.

SFIO's chargesheet suggests the RBI should conduct internal inquiry & take 'appropriate action'.

BSR jointly audited the books of IL&FS Fin Services with Deloitte Haskins.

The ILFS board has proposed punitive action against Deloitte & BSR & Co, part of the KPMG network.

Sankaran, the first person to be arrested in the case, has been remanded into SFIO custody till April 4.

The 166-page report details 10 major anomalies — types of suspect transactions and the sums involved.