Serious Fraud Investigation to probe allegations of fund siphoning by DHFL

The Ministry of Corporate Affairs is likely to recommend a probe by Serious Fraud Investigation Office (SFIO) into allegations of siphoning funds by the beleaguered Dewan Housing Finance Corporation (DHFL) to a host of promoter-led entities.

Deloitte, KPMG arm face bans in IL&FS case

Deloitte Haskins Sells and KPMG affiliate BSR & Associates are banned for five years, for failing in the audits of a unit of Infrastructure Leasing & Financial Services (IL&FS)

Newsline | Why India’s startup story is just getting started

Indian startups have witnessed a surge in investor confidence as of late, but the ecosystem has a long way to go before it catches up with the likes of China and US The year 2018 saw a flurry of deal…