Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
IndusInd taps Grant Thornton for checks
Mint Mumbai
|March 24, 2025
India's IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to check if there is any evidence of fraud or internal misstatements, said two people in the know of the matter.
IndusInd is India's fifth-largest private lender with a balance sheet of $63 billion. Its shares have lost about 23.4% since it disclosed on 10 March that its derivatives portfolio was overvalued by around 2.35%, or $175 million, after non-compliant internal trades.
Denne historien er fra March 24, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Standardize expenditure heads by FY28: CAG tells states
CAG's move is aimed at overhauling India's public finance system.
1 min
November 21, 2025
Mint Mumbai
Valuation format plan may cut IBC disputes: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new format for professionals valuing distressed assets to make reports uniform, credible, and reduce lawsuits.
1 mins
November 21, 2025
Mint Mumbai
Delhi may miss the biggest e-bus roll-out
The 2,800 electric buses allocated to Delhi under the PME-Drive scheme meant to electrify public transport hangs in the balance, as the city government has yet to meet a crucial condition under the incentive plan.
2 mins
November 21, 2025
Mint Mumbai
KKR to raise $15 bn in new Asia PE fund
KKR has kicked off fundraising for its fifth Asia private equity fund, seeking to raise $15 billion in what would be one of the region's largest buyout fundraisings, three people with knowledge of the matter said.
1 min
November 21, 2025
Mint Mumbai
Street scales 13-month high as index heavyweights fire
November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.
2 mins
November 21, 2025
Mint Mumbai
India brings in new standards for cybersecurity, wind energy
The government has started an overhaul of the regulatory framework for critical infrastructure and emerging technologies, a move that follows the withdrawal and extension of several key Quality Control Orders (QCOs) earlier this month.
1 mins
November 21, 2025
Mint Mumbai
PMS firms ask Sebi to review fees paid for index data
The industry body for portfolio management services, or PMS, managers has approached markets regulator Securities and Exchange Board of India to reduce or remove fees paid to exchanges to use their indices to benchmark scheme performance, said four people aware of the development.
1 mins
November 21, 2025
Mint Mumbai
SC says courts can't impose timelines on Prez, state guvs
The ruling comes even as several states are struggling with delayed assent to important laws
2 mins
November 21, 2025
Mint Mumbai
TPG to invest $1 bn in TCS's data centre biz
TPG is to pick up a 49% stake in TCS arm HyperVault AI Data Centre
2 mins
November 21, 2025
Mint Mumbai
Ultrahuman eyes new markets, products Fast&Up hires Avendus to raise $50-70 mn in growth funding
Health device and tech startup Ultrahuman is moving towards diversifying its revenue streams both from a geographies and products point of view, according to the company’s co-founder.
3 mins
November 21, 2025
Listen
Translate
Change font size