The Serious Fraud Investigation Office is investigating IndusInd Bank’s accounting irregularities. Key former executives have been summoned for questioning. This probe follows earlier findings by auditors and forensic reports. Meanwhile, Mumbai Police’s Economic Offences Wing is nearing the closure of its preliminary inquiry, finding no evidence of fund diversion.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising