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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.

With competition in the segment intensifying, the chief business development officer of India’s largest exchange unpacks the bourse’s strategy going forward.
Nearly four years after the unsavoury incident that created a national furore, the alleged offender’s life has come undone. He has been defeated by a system that does not deem him worthy of transparency or a chance at finding closure.
With no minimum investment threshold, the emirate is widening access to residency even as geopolitical risks cloud its appeal.