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IL&FS Mess: Forensic Audit Finds Irregularities, Failure of Internal Control at IECCL

 0 Grant Thornton India LLP (GT), which was appointed to conduct forensic audit of IL&FS Engineering and Construction Co Ltd (IECCL), a unit of Infrastructure Leasing & Financial Services (IL&FS), found potential anomalies about lapse in internal controls in the company.    The auditor had shared five instances it came across during the forensic audit, out of which four issues were raised by senior officials of IECCL, including Naresh Penumetcha, chief internal auditor of the company. The la...
Andhra Pradesh Madhya Pradesh L Padam Jain Naresh Penumetcha Anup Gupta Manoj Gera

Industrials shares drop

Industrials stocks were trading in the negative zone, with the S&P BSE Industrials index falling 243.72 points or 5.67% at 4054.08 at 13:49 IST. Among the components of the S&P BSE Industrials index, Bharat Heavy Electricals Ltd (down 11.17%), Ashoka Buildcon Ltd (down 10.78%),NBCC (India) Ltd (down 10.5%),Jaiprakash Associates Ltd (down 10.09%),Gayatri Projects Ltd (down 9.77%), were the top losers. Among the other losers were Simplex Infrastructures Ltd (down 9.75%), HEG Ltd (down 9.54%), Ga...
Suzlon Energy Ltd Gati Ltd India Ltd Gayatri Projects Ltd Jaiprakash Associates Ltd Simplex Infrastructures Ltd

Industrials shares fall

Industrials stocks were trading in the negative zone, with the S&P BSE Industrials index falling 243.72 points or 5.67% at 4054.08 at 13:49 IST. Among the components of the S&P BSE Industrials index, Bharat Heavy Electricals Ltd (down 11.17%), Ashoka Buildcon Ltd (down 10.78%),NBCC (India) Ltd (down 10.5%),Jaiprakash Associates Ltd (down 10.09%),Gayatri Projects Ltd (down 9.77%), were the top losers. Among the other losers were Simplex Infrastructures Ltd (down 9.75%), HEG Ltd (down 9.54%), Ga...
Suzlon Energy Ltd Gati Ltd India Ltd Gayatri Projects Ltd Jaiprakash Associates Ltd Simplex Infrastructures Ltd

Bangalore news live: KNNL, BMTC biggest loss-making PSUs in Karnataka

Bengaluru news live: Election for Karnataka Legislative Council chairman to be held on February 9 Bengaluru news live: Election for Karnataka Legislative Council chairman to be held on February 9 From changing weather to latest political developments to traffic jams and diversions, from news about Covid, schools, colleges, electricity and potholes to updates on your local municipality, we cover it all in detail for you. Stay with TOI for everything from your city. THE TIMES OF INDIA | Feb 05, 2...
Tamil Nadu New York United States Indian Ocean Ashok Nagar Madhya Pradesh

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Industrials stocks edge higher

Industrials stocks were trading in green, with the S&P BSE Industrials index increasing 23.54 points or 0.68% at 3465.8 at 09:48 IST. Among the components of the S&P BSE Industrials index, Yaarii Digital Integrated Services Ltd (up 4.97%), Inox Wind Ltd (up 4.96%),Simplex Infrastructures Ltd (up 4.94%),Suzlon Energy Ltd (up 4.89%),Bharat Electronics Ltd (up 4.88%), were the top gainers. Among the other gainers were Escorts Ltd (up 3.43%), Universal Cables Ltd (up 3.27%), Jaiprakash Associates ...
Inox Wind Ltd Suzlon Energy Ltd Gati Ltd Jaiprakash Associates Ltd Simplex Infrastructures Ltd Bharat Electronics Ltd

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