Daily Bulletin: Chidambaram to be introduced in CBI court; Raj Thackeray to appear before ED; day's top stories
Daily Bulletin: P Chidambaram arrested by CBI in INX media case, to be introduced by CBI court today; Raj Thackeray to appear before ED today; day's top stories
Maharashtra Navnirman Sena (MNS) on Monday withdrew its call for bandh on 22 August
ED summons Raj Thackeray over alleged irregularities regarding IL&FS case; MNS cries foul, blames 'political vendetta'
The ED has summoned MNS chief Raj Thackeray in connection with a case pertaining to alleged irregularities related to IL&FS loan in Kohinoor CTNL
An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging the court’s jurisdiction to ban them for alleged abetment of financial fraud
L&FS has defaulted on payment of loans to SIDBI and along with its subsidiaries has a combined debt of over 91,000 crore.
IL&FS case: Former top brass got foreign trips, private jets, chopper ride in return for faster loans, reveals SFIO probe
Foreign trips, private jet travels, chopper riders and interior decoration at houses aboard -- the probe into the IL&FS saga has unearthed many such inducements that the top brass allegedly got from borrowers in return for faster loans and delayed recoveries
Chartered accountants' body indicates not receiving information from SFIO, various agencies on IL&FS crisis
The Institute of Chartered Accountants of India (ICAI) has constituted a nine-member panel to study the systemic issues in the IL&FS crisis, amidst the government stepping up efforts to address problems related to the case.
Any move by the government or the regulators to protect the interest of a large financial institution like IL&FS and to address the contingent effects of the episode is a welcome move as it will help in regaining the market confidence.