38 auditors resigned in 2022-23, compared with 46 the previous year.
Sources said Sankaran has been arrested on the grounds of abusing his powers in IL&FS Financial Services Ltd through fraudulent conduct and in granting loans to entities that were not credit-worthy or were declared as non-performing accounts.
A 61-year-old Indian physician has been arrested on health care fraud charges and faces life imprisonment for illegally distributing opioid pain medication that resulted in the deaths of two patients in the US.
Renault face heavy sanctions when they appear before Formula One's governing body in Paris on Monday to answer race-fixing charges. The International Automobile Federation (FIA) has accused Renault of fraudulent conduct and bringing the sport into disrepute.
Batra Hospitality Private Ltd broke no ground rules while disposing off its shareholding in Centaur Hotel Mumbai to Sahara Group, Lok Sabha was informed on Wednesday.
Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.
An Indian-American physical therapist assistant has been sentenced to over four years in prison and ordered to pay USD 1.9 million in restitution for his role in a $14.9 million health insurance fraud scheme.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
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