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Corporate affairs ministry investigating irregularities in Edelweiss’ ARC arm

Sumary of Corporate affairs ministry investigating irregularities in Edelweiss’ ARC arm:

  • The corporate affairs ministry is inspecting books of accounts at the financial services firm, the people said, asking not to be identified as the matter is not public…
  • Calls and e-mail sent to Shalaka Kagathra, head of public relations at Edelweiss group remains unanswered…
  • A finance ministry spokesman didn’t immediately respond to calls made to his mobile phone…
  • Earlier, Moneycontrol reported corporate affairs ministry had ordered inspection of books at Edelweiss…….

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