India’s IL&FS auditor resigns ahead of trial

The investigation into dubious lending practices by India’s largest shadow banker, Infrastructure Leasing and Financial Services (IL&FS), has brought the reputation of auditors Deloitte Haskins and Sells, and BSR and Co (a KPMG affiliate) under a cloud, and their roles are being probed by numerous agencies. BSR and Co has now resigned as an auditor […]