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Reliance Capital’s auditors pulled up for ‘recklessness and unprofessionalism’
In 2019, PwC had resigned as the auditor after flagging suspected fraud of over Rs 12,500 crore, but co-auditor Pathak H.D. & Associates failed to conduct thorough checks.
15 April, 2024•1 min
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15 April, 2024•1 min
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Sajjan Jindal’s $23 billion expansion tests the limits of risk
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
