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KPMG audit revealed OP Bhatt suppressed key information as Coforge board chair

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KPMG audit revealed OP Bhatt suppressed key information as Coforge board chair The Economic Times Coforge stock tumbles 6% as chairman Bhatt resigns The Times of India 'No impact of Coforge chairman's resignation on business or financials,' say brokerages Deccan Herald Coforge’s OP Bhatt exit: Did board evaluation mask deeper boardroom differences? Moneycontrol.com Buy Coforge Ltd for the Target Rs 2,200 by Motilal Oswal Financial Services Ltd investmentguruindia.com

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India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz supplies

India is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output levels. Imports through the Strait of Hormuz are now less reliable due to renewed attacks. Domestic consumption has also significantly decreased since the war began. This shift helps meet demand while mitigating import risks.

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OP Bhatt quit Coforge on board evaluation rift

OP Bhatt resigned as Coforge chairman after a dispute over board evaluation findings. These findings reportedly included his own poor performance ratings. KPMG uncovered inconsistencies in how evaluation reports were presented. Key information was withheld from the board, violating regulations. Investors confronted Bhatt after the audit firm highlighted these discrepancies.

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