Category: Company Specific News

IndusInd Bank —  BusinessLine Editorial -[1] It comes as a surprise as to how accumulated losses went unnoticed for 5 to 7 years [2] Concern expressed about the manner of selection index constituents by stock exchanges [3] Fund managers have little choice but to buy index stocks even if they have reservations on some aspects of the company [4] Quality of audit of banks also needs to be examined–despite  internal audit–concurrent audit – statutory and compliance audit – and RBI audit — and yet the losses remained unrecognized for several years [5]Editorial finally avers — An ecosystem reappraisal is in order.

Continue reading

BusinessLine also shares a news to the effect that both CEO and Dy CEO were offloadimg shared over the last two years [2] Insider trading data shows CEO sold over 10 lac shares worth 145 crores [ between May 2023 to December 2024 ] [3] at varying rates around 1269 a share in May 2023 , over 1320 a share in June 2023– peaking at an average of 1558 a share in March this year–[4] Dy CEO sold 5.4 lakh shares worth a little over 80 crores– during the same period —

Continue reading

1 2 3 4 5 … 67