Recent Highlights
All Stories for Audit Committee
Infosys whistleblower complaint: Shades of Satyam fiasco; US is epicentre of both firms, but auditors can still redeem themselves
Muralidharan • 5 years agoThe US SEC is taking up cudgels for American investors. It is in the fitness of things that SEBI should bat for the Indian investors in Infosys
DHFL auditors seek more information on financials from firm's management
• 6 years agoDeloitte Haskins and Chaturvedi & Shah are the auditors of the company.
IL&FS fraud case: Whistle-blower sought to uncover scam in 2017, but management covered it up
• 6 years agoThe scam at IL&FS came to light last year after several group entities defaulted on repayments due to severe liquidity problems.
Aircel-Maxis case: Ashok Chawla steps down as non-executive chairman of Yes Bank
• 6 years agoAshok Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a Central Bureau of Investigation (CBI) chargesheet in the Aircel-Maxis case.
IL&FS crisis: Govt appointed board hints at corruption by past management; to conduct special audit of key group of cos
• 6 years agoThe new IL&FS board pegged the total debt of the group by over Rs 3,000 crore at Rs 94,215.6 crore as of 8 October
ICICI Bank audit committee probing irregularities into 31 NPA accounts hires law firm
• 7 years agoICICI Bank said in June that it had received an anonymous complaint which alleged irregularities with respect to 31 borrower accounts, leading to incorrect asset classification.