The corporate affairs ministry can now go ahead with prosecution based on the probe conducted by the SFIO.

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.

IL&Fs enjoyed high ratings from rating cos due to window-dressing of the company's books, the probe has found.

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

SFIO found out that auditors sold certain products to the top management with a massive discount.

Four rating companies had been involved in rating various instruments of IFIN during the period 2013-2018.

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...

IFIN's lending to group companies jumped to around Rs 5,200 crore, which was 37 per cent of the company's total loans and advances in 2017-...

Deloitte had disregarded the RBI's regulations and turned a blind eye to IFIN’s 'evergreening' of loans.

SFIO has also recommended a necessary action as per the Companies Act by the current management of IL&FS Financial Services (IFIN) for reco...

SFIO said IFIN forged documents and didn’t disclose adverse findings about its ability to meet liabilities.

The central bank had raised objection over loans to group companies in 2017 review, sought corrective action.

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

The agency is seeking information about the funding of ITNL by IFIN since LIC was one of the lenders to IL&FS.

Report says Bawa-helmed IFIN’s borrowings were made on basis of ‘fraudulently spruced up financials’.

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