Monday, April 1, 2019

In first arrest in ILFS case, former chairman Hari Sankaran taken into custody until April 4

In first arrest in ILFS case, former chairman Hari Sankaran taken into custody until April 4 Sankaran has been arrested on the grounds of abusing his powers in ILFS Financial Services through his fraudulent conduct and granting loans to entities that were not creditworthy or have been declared non-performing assets (NPAs).

from Moneycontrol Business News https://ift.tt/2Umwdpw

No comments:

Post a Comment

US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...