Showing of 1-10 from 1927 result
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April 05, 2018, Thursday | Companies
SFIO receives complaint against L&T of alleged financial irregularities
L&T, however, dismissed the allegations as "baseless and without any merit", and said it has no information about any investigation
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March 23, 2018, Friday | Finance
After Nirav, Choksi's firms, SFIO probes Fortis, Religare for alleged fraud
In the last four financial years, the corporate affairs ministry has ordered investigations through SFIO into the affairs of 575 companies on account of alleged frauds
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March 21, 2018, Wednesday | Companies
Nirav Modi firms in Surat SEZ diverted duty-free diamonds: DRI
Separately, firms of Modi and his uncle Mehul Choksi are being probed by various agencies like the CBI, the ED and the Serious Fraud Investigation Office in connection
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March 12, 2018, Monday | Companies
Enforcement Directorate, SFIO lens on Rs 54-bn loans to Usha Martin group
Usha Martin's long-term issuer rating has slipped to IND BB+ and the enterprise placed on "Rating Watch Negative"
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March 07, 2018, Wednesday | Finance
PNB scam: SFIO summons senior officials of ICICI Bank, Axis Bank
The officials were in the office for over two hours and are understood to have been asked about their business with firms like Choksi's Gitanjali Gems and also Modi
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March 07, 2018, Wednesday | Markets
PNB fraud probe: Stocks tumble after Axis, ICICI bank officials summoned
Markets fall most in the month; Sensex drops 743 points from day's high
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February 19, 2018, Monday | Companies
News of Singh bros siphoning money sparks SFIO probe on Fortis, Religare
Fortis Healthcare has also come under the lens of Sebi, which launched an investigation into alleged regulatory lapses
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February 18, 2018, Sunday | Current Affairs
SFIO grapples with staff shortage; nearly half of sanctioned posts vacant
Three deputy directors, including two for investigation, and six senior assistant directors, three each for investigation, and customs and central excise are to be hired
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January 03, 2018, Wednesday | Current Affairs
SFIO to probe 57 suspected shell firms that deposited billions of rupees
Sources say 18 of these entities deposited above Rs 1 bn each and the other 39 deposited between Rs 250 mn and Rs 1 bn each in the post-demonetisation period
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December 26, 2017, Tuesday | Current Affairs
Sumita Misra appointed joint secretary in PM's economic advisory council
Misra, a 1990 batch IAS officer of Haryana cadre, has been appointed to the post for five years
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December 25, 2017, Monday | Current Affairs
SFIO ordered to probe over 63 firms in FY18 for running Ponzi schemes
ponzi schemes are illegal money-pooling activities wherein gullible investors are lured with promises of high returns on investments
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December 19, 2017, Tuesday | Economy & Policy
SFIO developing early warning system on frauds, hires agency
The Serious Fraud Investigation Office (SFIO) comes under the Corporate Affairs Ministry
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December 03, 2017, Sunday | Economy & Policy
SFIO to probe 18 firms over suspicious transactions after demonetisation
Cash deposits over Rs 17,000 cr were made and later withdrawn post demonetisation by as many as 35,000 firms that were later deregistered
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September 20, 2017, Wednesday | Companies
Shell crackdown: Govt makes public names of over 55,000 debarred directors
More names will be published soon as govt has already identified over 1 lakh directors for their association with shell firms
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August 28, 2017, Monday | Companies
Now, Serious Fraud Investigation Office has powers to arrest
SFIO is a multi-disciplinary organisation having experts for prosecution of white-collar crimes
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August 09, 2017, Wednesday | Markets
Sebi crackdown on trading in 331 shell companies blocks investors' Rs 9,000 cr
Several actively traded small-cap firms hit; they claim classification wrong
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July 28, 2017, Friday | Markets
18 probes assigned to SFIO based on market research: Meghwal
The SFIO comes under the administrative control of the corporate affairs ministry
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May 23, 2017, Tuesday | Economy & Policy
SFIO developing early warning system to detect corp frauds
The new system would also trawl social media platforms for leads on any possible fraud-in-making
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March 10, 2017, Friday | Economy & Policy
Nexus among politicians, biz houses reported in some scams: Govt
Investigation by SFIO was ordered against 338 companies in the last 3 financial years
