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Ramesh Bawa of IL&FS Financial Services Arrested in Delhi by SFIO

The Serious Frauds Investigation Office (SFIO) is understood to have arrested Ramesh C Bawa, former chief executive (CEO) of IL&FS Financial Services (IFIN), who had switched off his phone and vanished after the Supreme Court of India dismissed his petition challenging the SFIO’s powers to arrest him.
Ravi Parthasarathy Claire Hassett Hari Shankaran Uday Kotak Punit Ranjen Tarun Saha

Whistleblower Alleges Deloitte Has Helped IL&FS Fudge Its Accounts Year after Year

An anonymous whistleblower, who claims to be part of the “senior management team at Deloitte, Haskins and Sells LLP (Deloitte)” and has been “privy to several internal irregularities in providing professional services to the IL&FS (Infrastructure Leasing & Financial Services) group” has written to us outlining how the audit firm benefited by helping the failed group fudge its accounts year after year
Rameshc Bawa Tarun Saha Punit Ranjen Uday Kotak Hari Shankaran Claire Hassett

Tech giants helmed by Indian-origin CEOs: The parade continues

Parag Agrawal being appointed Twitterโ€™s new CEO marks yet another Indian-born tech executive stepping up to be a new leader of the global tech industry. Just in January this year, we had Arvind Krishna, another Indian-American business executive, promoted to the Chairman of IBM. He had also been serving as the CEO of IBM since April 2020.
United States Andhra Pradesh Osmania University United Kingdom Arvind Krishna Ajaypal Singh Baga

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