A large number of individuals and entities, including independent directors, top management personnel, rating agencies and auditors formerly associated with crisis-hit IL&FS may soon face action by capital market regulator Sebi for their role in the alleged fraud at the group.

IL&FS case: Independent directors, rating agencies, auditors under Sebi lens

Financials dragged after a broad government crackdown on suspected illegal offshore transfers and tax evasion after an unexpected regulatory order by the capital markets regulator

Sensex dips further after govt crackdown on tax evasion

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IL&FS case: Independent directors, rating agencies, auditors under Sebi lens

Sensex dips further after govt crackdown on tax evasion