Washington, April 14 (IANS) As global investors reassess risk in a shifting economic order, Mehul Pandya believes India has a chance to challenge long-standing norms in sovereign credit ratings — and to question why some economies are judged differently than others. Pandya, Managing Director (MD) and Group CEO of Care Ratings Limited, is in Washington for the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, where he is meeting policymakers, investors and multilateral…
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New Delhi, Dec 23 (IANS) CobraPost editor Aniruddha Bahal on Tuesday alleged that related-party transactions exceeding Rs 10,000 crore have taken place involving Cholamandalam Investment and Finance Company Limited and entities linked to the Murugappa Group, describing the matter as a clear case of conflict of interest.Speaking to IANS, Bahal said the investigation found that auditors were charging unusually high fees.While high fees in themselves may not be an issue, he stressed that auditors a…