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AUDIT NORMS ASIA
HDFC Bank denies allegations of disguising interest payoutHDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payme...- Compliance squeeze, global scrutiny redefine India’s $30 billion pharma export playbookAs global markets prioritise quality and regulatory trust, India’s pharma sector is recalibrating beyond its traditional cost advantage.
- The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
- Audit norms becoming stringent across Asia: Grant Thornton ExecutivesAsian regulators are tightening audit standards to boost investor confidence. Korea now designates auditors for struggling firms to prevent...
- RBI lifts business restrictions on MastercardRBI had imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. from on-boarding new domestic customers (debit, credit or prepaid) onto...
- AAAI has become more inclusive, not an old men’s club anymore: Ashish BhasinAshish Bhasin, the India chairman and Asia Pacific CEO of Dentsu Aegis Network, was elected president of AAAI in July 2018, and was subsequ...
- IndiGo plans to enter Europe via Tbilisi from early next yearThe no-frills airline has already completed the safety risk assessment and station facility inspection of the Tbilisi airport, which is a m...
- Business pressure & external regulation have changed the way audit firms workThese pressures have been telling on audit cos — Indian firms and MNCs, which include the Big Four and others such as Grant Thornton and BD...
- Lobbying for 5/20 norm removal done without any unlawful payments: AirAsia GroupCBI is probing AirAsia and other officials for allegedly trying to manipulate govt policies through corrupt means to get international lice...
- Deloitte audit of AirAsia India implicating ex-CEO Mittu Chandilya under lensThe Malaysia-based AirAsia group, its chief executive Tony Fernandes and others have been booked by the CBI on charges of criminal conspira...
- Somyajit Sethi becomes IndiGo's first ethics chiefIn his earlier stint with the airline in 2016-17, Taylor was as an executive vice-president of revenue management and network planning.
- need2know: Catch up with 10 triggers that may move markets todayA lowdown on top macro triggers that are likely to move the market on Thursday.
- Sebi proposes to regulate index providers of Sensex, NiftyThe index operators, which include subsidiaries of stock exchanges and independent entities such as S&P, currently do not come under Sebi's...
- Do away with 5/20 norms for international operations: CAPAAt present, an Indian carriers is allowed to fly overseas only when it has completed five years of domestic operations and have a minimum o...
- Directorate General of Civil Aviation starts process of re-certifying airlinesThe Indian regulator has 35 full-time flight operations inspectors, which are more than enough to monitor the 500 aircraft flying in the co...
- Ministry plans to review aviation regulator to maintain uniformityThe civil aviation ministry plans to review functioning of the DGCA to ensure that the processes and norms followed by the aviation regulat...
- Aviation sector safety top priority for new DGCA chief Arun MishraArun Mishra, who took over on Thursday evening as the new chief of DGCA, said his first priority is to ensure safety of the sector.
- Government plans to ease FDI in aviation, to introduce new law to facilitate investment flowsGovernment is readying to bring in a new overarching law that will help ease investment flows into India's ailing civil aviation sector.
- Deloitte partner Choksi quitsDileep Choksi, vice-chairman and a joint managing partner of Deloitte, Touche & Tohmatsu, one of the Big Four accounting and advisory firms...
- RBI turns the heat on money transfer sub-agents over KYCPaanwallahs across the road or your local grocer are the latest to come under Reserve Bank of India’s scanner.
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