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, 20241 min
0
Reliance Capital’s auditors pulled up for ‘recklessness and unprofessionalism’

You may also like

Business
Story image

Bajaj Auto’s record numbers are eclipsing a deeper problem

The two-wheeler giant’s domestic weakness is overshadowing its global strength. Investors now want proof that Bajaj can win again at home.

Business
Story image

Amitabh Chaudhry needs to rethink Axis Mutual Fund’s revival strategy

The fund house has fallen behind its peers. What explains the sub-par performance?

Business
Story image

India needs a solid, long-term plan to soften US tariff blow

The shocks to employment, formalization and sectoral growth can seriously hurt India’s ongoing economic transformation. Here’s a practical guide to offsetting US export losses.