IL&FS case: NFRA slaps Rs 15 lakh fine, five-year ban on a Deloitte partnerThe Tuesday order was issued over allegations of professional misconduct by Shrenik Baid, partner at Deloitte and review partner on the IFI...
IL&FS case: NFRA bans another auditor Rukshad Daruvala for 5 years; Rs 5 lakh fine imposedRukshad Daruvala is at least the second auditor in the matter to be barred by NFRA. However, NFRA's ruling would not come into force till J...
NFRA bars ex-Deloitte CEO for 7 years, slaps Rs 25L fine for his role in IL&FS fraud“Udayan Sen is debarred for the period of seven years from being appointed as an auditor or internal auditor or undertaking any audit in re...
NCLT stays its own order to prosecute IL&Fs auditors for 4 weeksThe NCLT order its order is based on the findings of the probe conducted by the Serious Fraud Investigation Office.
IL&FS: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directorsThe corporate affairs ministry can now go ahead with prosecution based on the probe conducted by the SFIO.
NCLT allows the Ministry of Corporate Affairs plea to implead 22 more partiesThe latest move to implead 22 parties includes leading auditors - Deloitte and BSR & Associates, an affiliate of KPMG.
ED likely to probe IL&FS Financial Services dealings after SFIO charge sheetNew probe likely to target six erstwhile co directors; agency questions Deloitte India CEO again.
ED summons IL&FS’ auditors in money laundering caseThey have been asked to bring certain documents pertaining to the audit which are relevant to the probe.
Ministry of Corporate Affairs begins work to bar 9 auditors, audit partnersMCA to start proceedings against 9 auditors and audit partners including BSR Co. and Deloitte in IL&FS row.
SFIO questions audit partner of KPMG India unitBSR jointly audited the books of IL&FS Fin Services with Deloitte Haskins.
SFIO questions Deloitte partner in IL&FS caseEarlier this month, SFIO had questioned another audit partner of Deloitte Haskins & Sells
Richard Rekhy wins KPMG election, retains CEO postRichard Rekhy, the current KPMG India CEO managed to win an internal election for the second time and would continue to be the head of the ...
Suits & Sayings: Wackiest whispers and murmurs in corporate corridorsET’s bi-weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
Udayan Sen, outgoing Deloitte CEO, gives employees parting gift of iPads and KindlesUdayan Sen, CEO of Deloitte, who hung up his boots on March 31 after leading the India operations for eight years, ordered some parting gif...
N Venkatram set to assume charge as Deloitte CEOThe change of guard comes at a time when Deloitte, along with other major auditing firms, is all set to face its toughest phase on account ...
- World has faith in Indian markets
A sustained 6%-plus growth coupled with stringent regulatory environment and strong corporate governance win the day for India even in time...
- India Inc needs to focus on core biz, consolidation: Deloitte
Amid global economic downturn which has impacted earnings of companies, India Inc now needs to focus on core businesses in new financial ye...