NZ Vs IND | 1st Test Feb 21, 2020
NZ 45/1 (19.2)
Latest News on Corporate Fraud
Showing of 0 - 10 from 12 results
Corporate Fraud - Total results - 12
Jul 19, 2018
SEBI proposes new rules to penalise auditors, valuers: Is the market watchdog overstepping its mandate?Curiously, while SEBI lays down duties as well as the punishment for auditors and others, it does not give them specific powers.
Jun 17, 2016
Bank of Baroda says ‘sorry’, will compensate farmer it mistook for Vijay Mallya guarantorBoB has said its senior officers have met the “aggrieved customer” and apologised for the inconvenience in the wrongful freezing of accounts in Vijay Mallya case.
Jun 15, 2016
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
Jun 14, 2016
Vijay Mallya loan part 3: Bank of Baroda freezes a/c of vegetable vendor!Firstpost has now identified a third person whose account was ordered seized by BoB, who had nothing to do with Kingfisher or Vijay Mallya.
Jun 07, 2016
Vijay Mallya’s loan: BoB mistook farmer, security guard for Kingfisher directors!How could a marginal farmer in an unknown UP village, with a Rs 4 lakh loan to repay and Rs 5,200 in his accounts, stand guarantee for Vijay Mallya’s loan?
Apr 10, 2015
Satyam scam: Ramalinga Raju, the man who knew too much, gets 7 years in jailSo, 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.
Apr 09, 2015
Satyam scam: Raju found guilty but size of sentence is what really mattersIf 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.
Dec 16, 2014
Watch out India Inc! Corporate frauds likely to surge in 2015; theft, bribery to leadThere will be a rise in corporate fraud over the next two years, a Deloitte India Fraud Survey Report reveals.
May 13, 2014
Rise in corporate frauds: CBI blames failure of regulatory mechanismsIndia 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).
Oct 22, 2013
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.