The Delhi Police's Special Cell on Tuesday busted a Pakistan-organised terror module with the arrest of six men, including two ISI trained terrorists.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
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