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forensic audit News

Gensol Engineering Promoters Face Market Ban Amid Allegations of Fund Misuse and Fraud

Sarah Mitchell 16 Apr, 2025

Sebi bans Gensol Engineering promoters from the securities market due to fund misappropriation and governance issues. A forensic audit is ordered to investigate further, highlighti...

Business

IndusInd Bank Faces Rs 1,979 Cr Hit Due to Derivative Portfolio Accounting Lapses: What Went Wrong?

Jessica Bennett 16 Apr, 2025

IndusInd Bank discloses a Rs 1,979 crore impact on its net worth due to derivative portfolio accounting lapses, with external audits underway to identify causes and remedial measur...