Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures
Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures
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Deloitte Faces Regulatory Scrutiny and Heavy Fines Over Zee Entertainment Audit Failures |
Mumbai Market News
Deloitte is now under regulatory scrutiny for ignoring red flags in the audit of Zee Entertainment, in which the National Financial Reporting Authority (NFRA) has highlighted serious irregularities. On December 23, the National Financial Reporting Authority (NFRA) imposed a fine of Rs 2 crore on Deloitte, barred partner AB Jani from conducting audits for five years and debarred another partner Rakesh Sharma for three years. The order adds to the regulatory issues Deloitte is facing.
YES BANK ; Update On Redemption from a trust in the Security Receipts Portfolio: Loan Portfolio Sold to J. C. Flower Asset Reconstruction Private Limited (“JC Flower ARC”)
— Stock market news tracker_DS (@deepika63379858) December 25, 2024
Bank has received INR 161 crores from a single trust in the Security Receipts Portfolio