"The new norms will improve audit quality, avoid conflict of interest and ensure independence of auditors, which all will support financial stability"
The appellate tribunal also clarified that its order should not come in the way for NCLT to decide the approval of the plan selected by the Committee
The administrator of the company has appointed Grant Thornton (GT or transaction auditor) to conduct investigation into the affairs of the company
On the other hand, Dolat Investments Ltd (down 3.24%), Spandana Sphoorty Financial Ltd (down 2.87%), and Bank of Maharashtra (down 2.7%) moved lower.
Earlier this week, DHFL had announced Piramal Group's resolution plan getting approval from RBI
Retail investors hold shares worth Rs 232 crore in the scam-hit home financier whose equity holding will be wiped out soon. Are more investors walking
Shares of Dewan Housing Finance Corporation (DHFL) hit lower circuit of 5% after its transaction auditor, Grant Thornton, has reported another fraudul
The management of DHFL is currently being run under an administrator appointed under the Insolvency and Bankruptcy Code after frauds were detected in
“It is really strange. The stock will not have any value once it is delisted. Gullible retail investors, who hope to make a quick buck, are buying i
Those who have invested their life savings of over Rs 10 lakh will see most of it wiped out