IL&FS
Finance
Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case
India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating ......
Finance
Reliance Capital rejects PwC's observations after auditor quits
Reliance Capital said on Thursday the observations of global audit firm PwC about its fiscal accounts were "completely baseless and ......
Finance
RBI to monitor NBFCs more closely, says governor Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies ......
Healthcare
Stressed assets this week: Jet, Orchid Pharma and Aircel in focus
With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......
Finance
Dewan Housing shares slump on deposit curbs after rating downgrade
Shares of Dewan Housing Finance Corp Ltd (DHFL), one of India's biggest home loan lenders, fell as much as 18% ......
General
Swiggy investor Coatue may back Faasos; Ikea invests in Livspace
New York-based hedge fund Coatue Management is in talks to lead a $120 million (Rs 835 crore) funding round in ......
Infrastructure
Japan's Orix seeks to buy remaining stake in IL&FS wind energy assets
India’s debt-ridden Infrastructure Leasing and Financial Services (IL&FS) said on Sunday that Japan’s Orix Corp has expressed an interest in ......
Infrastructure
IL&FS arm starts process to sell road project in China
A step-down unit of Infrastructure Leasing & Financial Services Ltd (IL&FS) has started a process to sell its 49% stake ......
Infrastructure
IL&FS set to sell wind energy assets to GAIL for $689 mn
State-run GAIL (India) Ltd has emerged as the highest bidder to buy seven operating wind energy assets of the financially ......
General
Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio
Online retailer Snapdeal is in talks to acquire rival ShopClues, two media reports said. Citing a source familiar with the negotiations, ......