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2019 AUDIT
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...- She quit her stable job at Samsung to chase a dream. Now, the actress of Netflix's trending K-drama has gone viral for her resignation letterActress Jin Ki-joo's old resignation email from Samsung SDS has resurfaced, inspiring many with her courageous decision to leave a stable t...
- NCPI's new avatar faces EC test; must inform, attest all changesTrinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal...
- CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
- Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
- CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
- Suzlon Energy shares crack 5% after Rs 29 crore Sebi fine for misleading financials; company clarifiesSuzlon Energy shares 5% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting ...
- Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalisedSEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circ...
- Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
- Quote of the day by Miley Cyrus: 'Music is the love of my life. It's a total escape from reality. Music transports...' Life lessons on inner peace, passion and happiness by American actor known for playing lead role in television show Hannah MontanaQuote of the Day by Miley Cyrus focuses on the power of music, happiness, inner peace and passion. Miley Cyrus said, “Music is the love of ...
- OSM system backed by secure, robust IT platform, says CBSEThe CBSE has defended its On-Screen Marking System, calling it secure and robust. This comes amid controversy over a contract awarded to a ...
- Quote of the day by Cameron Diaz: 'I don't believe you should make fun of anyone but...' Life lessons on human nature, happiness and success by American actorQuote of the day by Cameron Diaz highlights a message about self-humor and human nature. The quote explains how laughter and self-awareness...
- Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai PoliceMumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...
- Criminal breach of trust case registered against ex-Yes Bank CEO Rana Kapoor, othersMumbai Police have filed a case against former Yes Bank MD Rana Kapoor and others. The FIR alleges illegal transfer of mortgaged property w...
- Quote of the day by Miley Cyrus: 'The minute you stop making mistakes is the minute you stop...' Life lessons on success, self confidence, human nature by actor and singer known for playing Hannah Montana in popular television showQuote of the day by Miley Cyrus highlights the message that mistakes are part of growth. The statement connects with life lessons on succes...
- Kishore & Rakesh Biyani fined for Future Retail disclosure lapsesSEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related p...
- Quote of the Day by Lucy Liu: 'It's like kill or be killed, that's my…'—Inspiring quotes by the American actress widely regarded as a trailblazer for Asian American representation in HollywoodQuote of the Day: Lucy Liu's powerful "kill or be killed" philosophy, born from her experiences as an Asian American woman in Hollywood, un...
- AHH names Venkatesh Tarakkad as CFO; Ritesh Pandey moves to chief business officer roleAsia Healthcare Holdings has appointed Venkatesh Tarakkad as its new Chief Financial Officer and Head of Business Development. Tarakkad bri...
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