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NMC HEALTH COLLAPSE
UK seeks to rein in Big Four with new, revamped audit rulesThe widely awaited overhaul comes after lawmakers and practitioners promised to improve audit quality following a series of high-profile mi...01 Jun, 2022, 11.33 AM IST- EY accused of actively concealing NMC Health audit fraud from investorsThe hospital operator’s founder, Bavaguthu Raghuram Shetty, said the accounting giant enjoyed a “deep and cozy” relationship with executive...22 Jul, 2021, 03.05 PM IST
- Short sellers got crushed in 2020 as Tesla, Moderna soaredA monthly index of short-selling hedge funds is down 32% this year through October, according to data provider Hedge Fund Research.10 Dec, 2020, 08.44 PM IST
- BR Shetty seeks probe by CBI, ED into $6 billion ‘fraud’ in his companiesThe founder of hospital chain NMC Healthcare and UAE Exchange has sent a written complaint to the Central Bureau of Investigation and Enfor...08 Oct, 2020, 07.16 AM IST
- BR Shetty: What's in a name? Banks count cost of loans in NMC collapseBR Shetty's NMC imploded this year on allegations of fraud & disclosure of more than $4 bn in hidden debts.13 Jul, 2020, 10.26 AM IST
- How Muddy Waters is hammering Indian billionaire’s NMC HealthNMC’s margins are “too good to be true” relative to peers, said Muddy Waters.27 Jan, 2020, 03.15 PM IST
- European shares gain on optimism over US-China trade rowBritish software group Sage lost 6.6 percent, after a rating downgrade of its stock by Deutsche Bank, two traders said.20 Aug, 2018, 02.51 PM IST
- Medical education is in desperate need of transformation, NMC Bill can bring it aboutParliament has a historic opportunity to not only save medical education from “total collapse” but also bring about a renaissance in the fi...10 Jan, 2018, 11.20 AM IST
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