Saturday, June 21, 2025 | 08:35 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Year in Review: Top 10 corporate events and crises India Inc faced in 2019

From DHFL, PMC and Karvy crises to the suicide of CCD promoter V G Siddhartha and arrest of the Singh brothers, these corporate events and scandals made strong headlines in 2019

financial fraud investigation, audit and analysis
premium

From money-laundering allegations to payment defaults, arrests and a high-profile suicide, India’s corporate houses and their executives witnessed it all in the year 2019

Surbhi Gloria Singh New Delhi
From money-laundering allegations to payment defaults, arrests and a high-profile suicide, India’s corporate houses and their executives witnessed it all in the year 2019. Some corporate honchos were unseated from their perch at the helm of companies, while at least one ousted chairman was reinstated to his position after three years of protracted corporate battle.

Here are the top 10 events and crises that India Inc witnessed in 2019:

The DHFL crisis

The DHFL crisis first came to light on September 21, 2018, when DSP Mutual Fund sold DHFL papers way higher than the traded rates, sparking the speculation that