IND Vs SA | 3rd Test Oct 19, 2019
SA 132/8 (46.0)
Latest News on Fund Diversion
Showing of 0 - 10 from 13 results
Fund Diversion - Total results - 13
Mar 06, 2019
DHFL shares spurt 11% after auditor report says no fund diversion to shell companiesShares of Dewan Housing Finance Corporation Ltd (DHFL) zoomed 11 percent on Wednesday after a report by a chartered accountancy firm said there are no indications to confirm allegations that the company has created shell companies to divert funds
Dec 11, 2018
Vijay Mallya’s rise and fall: The story of Vittal Mallya’s flamboyant entrepreneur son who became an extradition candidateMallya could perhaps have avoided the ordeal had he chosen to stay back and fight the case. Even now, Mallya owes several months of salary dues to his employees, which has added to the public resentment against him.
Nov 26, 2018
Indian bank frauds up, will continue to rise; root cause not addressed, says Deloitte surveyAccording to the third edition of Deloitte India Banking Fraud Survey released on Sunday, about 84 percent of survey respondents pointed to a substantial rise in fraud incidents.
Oct 26, 2018
Amrapali fund diversion: Why auditors should be sent to cleaners for enabling dubious cash dealsThat Amrapali auditors turned a blind eye to its management’s shenanigans for a quid pro quo, makes it a Satyam redux.
Nov 24, 2017
Insolvency code tightened: President okays ordinance, barring defaulters from bidding for stressed assetsThe amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.
Nov 06, 2017
Paradise Papers: Sebi lens on firms for fund diversion, corporate governance lapsesSebi will coordinate with other regulators and govt agencies, while information would be sought from foreign regulators if required
Feb 17, 2016
#NotEnough: Wilful defaulter tag just not enough to recover dues; will Modi crack the whip on Mallya et al?Array
Oct 12, 2015
Skeletons tumble out of Mallya closet: Kingfisher Airlines diverted bank loans to tax havensIt is alleged that the loan was sanctioned in violation of norms regarding credit limits.
Sep 16, 2015
Qissa Kingfisher ka: Lenders already know of fund diversion; but will they get their money back?Chances of the banks getting back their dues appear less and ultimately, it is the taxpayers who bear the brunt
Sep 16, 2015
Trouble mounts for Vijay Mallya as SFIO probes fund diversions by KingfisherShares of United Spirits fell 1.65 percent to Rs 3,205.95 on the BSE