'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.''A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains......
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu. IMAGE: Sam Bankman-Fried, who founded and led FTX until a......
In recent years, the conduct of a few private banks’ corner-room occupants and the role of their boards have come into sharper relief. Raghu Mohan reports. Illustration: Uttam......
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for......
Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask......
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other......