IndusInd Bank moves to claw back bonuses from ex-top brassThe bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings fr...
16 Dec, 2025, 01.10 AM IST
IndusInd Accounting Probe: Mumbai Police finds no criminality by ex-execsIn a recent announcement, the Mumbai Police Economic Offences Wing has concluded its investigation into the accounting discrepancies at Ind...
12 Nov, 2025, 11.32 PM IST
US Supreme Court allows Trump administration to temporarily halt full SNAP food benefits; states begin to issue aid amid blame game as govt warns of ‘further shutdown chaos’; here's what you need to knowThe Supreme Court temporarily halted a lower court order requiring full funding for SNAP benefits, allowing the Trump administration to wit...
08 Nov, 2025, 12.51 PM IST
Rajiv Anand’s hot seat at IndusInd comes with a ₹2,000-cr blunder clean-up challengeIndusInd Bank appoints Rajiv Anand as MD & CEO amidst a crisis following a significant accounting lapse. Anand's appointment, approved by t...
06 Aug, 2025, 02.33 PM IST
6 officials of IndusInd Bank under investigation for insider trading: ReportsIndia's markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether t...
19 May, 2025, 03.49 PM IST
IndusInd Bank executives traded shares before accounting disclosure, forensic review by GT showsA forensic review revealed that two IndusInd Bank executives traded shares while aware of undisclosed accounting irregularities, potentiall...
08 May, 2025, 06.35 PM IST
How IndusInd's push for profits and lax controls drove it to a crisisIndusInd Bank's pursuit of profit led to a significant $175 million discrepancy in its balance sheet, stemming from improper derivative acc...
04 Apr, 2025, 02.43 PM IST
IndusInd taps Grant Thornton for fraud checks in accounting case, sources sayIndusInd Bank has appointed Grant Thornton to conduct a forensic review of accounting lapses detected this month and to investigate potenti...
23 Mar, 2025, 11.57 AM IST
IndusInd Bank goes for 'comprehensive' forensic audit"The scope of this new investigation is much wider and deeper, covering the entire bank, and will also address any lapses in accounting, in...
22 Mar, 2025, 12.29 AM IST
IndusInd Bank CEO, deputy to exit within months after accounting lapses, sources sayThe Reserve Bank of India has asked IndusInd Bank CEO Sumant Kathpalia and his deputy to step down after significant accounting errors were...
21 Mar, 2025, 09.03 PM IST
View: Supreme Court under'mining' its own precedent with ruling on mining taxes?The Supreme Court's recent ruling overturned a 1989 decision, granting states the power to tax mining activities alongside existing royalti...
15 Aug, 2024, 11.36 PM IST
Binance sued by US watchdog for alleged derivatives rule lapsesThe derivatives regulator said Binance shirked its obligations by not properly registering with it.
27 Mar, 2023, 09.41 PM IST
The curious tax case of Mr. and Mrs. ThakkarThe cases relate to South Mumbai residents, Dilip Thakkar, a reputed chartered accountant, and his wife Indira Thakkar whose father had set...
01 May, 2022, 08.50 AM IST
NSE begins hunt for MD, CEO; invites applicationsListing out eligibility criteria, NSE's notice stated that the candidate must have a track record of strengthening corporate governance, en...
04 Mar, 2022, 11.24 AM IST
Speculative loss or profit in equity? Here comes the tax balmMost propriety traders and high net worth individuals take derivative positions to hedge their large equity holdings to limit their loss in...
03 Jan, 2017, 07.41 PM IST
- 'Regulatory lapses to blame for crisis'
Outgoing Reserve Bank of India deputy governor Rakesh Mohan has called for greater focus on loan-to-value ratios (LTV) for mortgages by cen...
11 Jun, 2009, 12.39 AM IST
- EC ‘canes’ Pawar for sugar sops
Ruling that the recent announcement of the Rs 850-crore sugar package by Union agriculture minister Sharad Pawar as a ‘deliberate’ violatio...
14 Apr, 2007, 02.14 AM IST