Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender

Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender

A day after IndusInd Bank revealed that it is suspecting fraud in accounting irregularities and flagged involvement of senior employees, Ashok Hinduja, Chairman of IndusInd International, has come out in strong support of the current leadership and the board. In a statement following the bank’s Q4 FY25 results, Hinduja said he has “unequivocal trust” in … Read more

Why is SEBI’s credibility under a cloud? | Explained

Why is SEBI’s credibility under a cloud? | Explained

The headquarters of the Securities and Exchange Board of India in Mumbai on April 19, 2023. | Photo Credit: Reuters The story so far: Over a year and a half after U.S.-based Hindenburg Research alleged corporate malfeasance, stock price manipulation and breach of minimum public shareholding norms against the Adani Group of companies, the firm … Read more

Any failure to take action will mar EC’s credibility: Sitharam Yechury

Any failure to take action will mar EC’s credibility: Sitharam Yechury

Sitharam Yechury | Photo Credit: Thulasi Kakkat CPI(M) General Secretary Sitaram Yechury shot off a letter to the Election Commission demanding action against Prime Minister Narendra Modi for making inflammatory remarks in his speech in Rajasthan. Meanwhile, the INDIA bloc parties in a coordinated effort have called upon citizens to send in emails to the … Read more

No reason why we cannot again, go back to double-digit growth: Debashis Chatterjee, LTIMindtree

No reason why we cannot again, go back to double-digit growth: Debashis Chatterjee, LTIMindtree

“And I think this $10 billion mark has to be a combination of organic as well as inorganic. And I am very confident that given the credibility that we have in the marketplace and the credentials that we have, I am sure we can do it over a period of time,” says Debashis Chatterjee, CEO … Read more