Regulation, Compliance & Legal › Sub-category
Fraud / Investigation
7 articles
Several Indian companies are facing scrutiny and legal challenges. Expo Engineering reported a significant decline in net profit and revenue for fiscal year 2026, alongside auditors noting online banking fraud and property title issues. Meanwhile, Dr. Rashmi Saluja, former Religare Chairperson, was penalized for insider trading, and Hampton Sky’s promoter was arrested in a money laundering probe. Additionally, Reliance Communications is cooperating with a CBI seizure operation, and Dalmia Bharat denies allegations of mutual fund misappropriation. In other news, OBCL’s promoter group FIR was quashed by the High Court, and the Supreme Court is overseeing the resolution of Unitech’s debt, while IDFC FIRST Bank reported a 7% increase in net profit despite a substantial fraud expense.
Nestle, Danone Scrutinized Over Delayed Infant Formula Recall
Radio France, RTBF and RTS investigation alleges Nestle delayed alerting European authorities about cereulide toxin in infant formula.
The toxin originated from an ingredient supplied by China's CABIO
IndusInd Bank Denies SEBI Summons Media Report
IndusInd Bank issued a clarification regarding a Moneycontrol article about SEBI summons in an insider trading case.
The Bank stated it has not received any summons from authorities as referenced in t
63 Moons FY26 Results: Profit Turnaround with Legal Qualifications
Board approved audited standalone and consolidated financial results for FY 2025-26, showing a net profit of ₹17,465.55 lakhs standalone versus a loss last year.
Exceptional items include a ₹14,565.72
Tirupati Fincorp Auditor Disclaimer on FY26 Results
Auditors issued disclaimer of opinion on FY26 results due to unresolved prior-year issues regarding Rs 8.20 crore loan write-off and income increment.
Company continued financing activities despite RB
SEBI Penalizes Doshi Family for Darshan Orna Manipulation
SEBI adjudication order imposes penalties totaling ₹3.10 crore on Aakash Doshi, Kevin Kapadia, and family members for manipulating Darshan Orna Limited's stock price.
Noticees executed coordinated tra
Laxmi Goldorna House Reports ₹87 Lakh Fraud Loss
Laxmi Goldorna House reported a standalone net loss of ₹616.44 lakh for Q4 FY26 and approved a ₹87.20 lakh write-off due to fraud by its former CFO.
Annual standalone net profit declined to ₹438.81 la
Tree House Education FY26 Net Loss ₹99.69 Crore
Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting significant losses.
Company reported consolidated net loss of ₹99.69 crore for FY26 a