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Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
From Rs 75 in cash to the Lok Sabha spotlight: The obscure party at the centre of the TMC rebellionAn unknown political party, the Nationalist Citizens Party of India, is now central to national politics. Twenty Trinamool Congress MPs ann...
From Rs 75 in cash to the heart of a TMC revolt: The unlikely political journey of NCPIThe Nationalist Citizens Party of India, NCPI, a little-known outfit with just Rs 75 cash, is now in the national spotlight. Twenty disside...
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...
Cracked 19 govt exams! This 23-year-old Raipur woman stunned nation with historic feat; Now she will receive award at Rashtrapati BhavanTwenty-three-year-old Charu Pandey from Raipur has achieved an extraordinary feat by clearing 19 competitive examinations, including presti...
OSM portal was not 'thoroughly' tested for functionality and security threats before deployment: IIT panel memberThe IIT panel, constituted following the controversy surrounding the OSM portal, is expected to submit its report to the Education Ministry...
CEA Nageswaran backs CAG audit of local bodiesChief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This...
“AC bill too high even at 24°C?”: Expert reveals how to run air conditioner with up to 30% lower power consumptionEnergy auditor says AC electricity bills can be reduced by up to 30% through a combination of simple habits, low-cost upgrades, and regular...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
LIC shares slip after Sebi's crackdown on Rajesh Exports. What's the connection?Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of signific...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
Rajesh Exports shares hit 5% lower circuit after Sebi says 97-99% revenue inflation. Check key detailsSebi has issued an interim order against Rajesh Exports and promoter Rajesh Mehta, alleging extensive financial irregularities and possible...
Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from tradingRajesh Exports and promoter Rajesh Mehta face regulatory action after Sebi alleged large-scale financial misrepresentation and possible rev...
IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
Mining turns India's heat-shield hills to dustDizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New ...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...