Corporate Fraud

BoB doesn't even know who guaranteed Vijay Mallya's loan of Rs 550 crore!

This is the fourth part of a series that aims to look at how huge corporate loans are doled out without due diligence, using the Vijay Mallya case as an example

Satyam scam: Ramalinga Raju, the man who knew too much, gets 7 years in jail

So, while Raju ran his fraud, the auditor slept, the analysts slept and so did the media. To be fair, the media did an excellent job of exposing Raju and his many other 'shenanigans' after he had confessed.

Satyam scam: Raju found guilty but size of sentence is what really matters

If Ramalinga Raju is not given a substantial jail term it will seem as if the downside risks of for swindling shareholders and other stakeholders are too low. It will not discourage future corporate fraud and cronyism.

Tavera recall probe: Will Tata Motors' Karl Slym pay a price?

During the period the fraud happened, General Motors India had three managing directors: Rajeev Chaba, Karl Slym and Lowell Paddock.<br /><br />

Govt to consider 'naming and shaming' fraudsters: Sachin Pilot

The government will consider a 'name and shame' mechanism to publicise the details of corporate and investment fraudsters to make the general public aware about identity and modus operandi of such entities.

Cyber security need of the hour: Rs 2.44 cr siphoned off from RPG Group

Last week cyber criminals hacked into the current account of Harsh Goenka-led RPG Group and siphoned off Rs 2.4 crore through 13 transactions in Mumbai.

Watch out India Inc! Corporate frauds likely to surge in 2015; theft, bribery to lead

There will be a rise in corporate fraud over the next two years, a Deloitte India Fraud Survey Report reveals.

Rise in corporate frauds: CBI blames failure of regulatory mechanisms

India has witnessed a marked increase in the number of scams that have surfaced both in public and private sectors, said Ranjit Sinha, Director, Central Bureau of Investigation (CBI).