This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries. In an unprecedented......
Rating agency Moody’s Indian arm ICRA on Thursday terminated its managing director and group chief executive officer Naresh Takkar’s employment. The rating agency has attributed the......
This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra The Reserve Bank of India......
The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency. Illustration: Dominic Xavier/Rediff.com In little......
The general nervousness because of the IL&FS default will prevail in the system for now.Anup Roy reports.Illustration: Uttam Ghosh/Rediff.com Non-banking finance companies (NBFCs), especially......