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BAN ON DELOITTE IN INDIA
India's weight-loss drug boom raises questions over healthcare prioritiesIndia's market for cheaper anti-obesity drugs has surged tenfold. While demand is high, especially among those with diabetes, concerns abou...- Big win for Deloitte, BSR in IL&FS case where government was seeking to ban themThe Bombay High Court said that the Ministry of Corporate Affairs (MCA) can’t take action against the two.
- Deloitte Haskins and Sells questions NCLT ambitDeloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN...
- BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resignedBSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.
- Deloitte, BSR fight with government over NCLT’s jurisdiction to ban them for 5 yearsThe auditors said that courts can’t rewrite a statute, legislate and enact but can only interpret a law.
- Deloitte, KPMG firms get time till Friday to argue against ban pleaGovt had moved NCLT on June 10, seeking the ban on Deloitte Haskins & Sells, a part of Deloitte, and KPMG India affiliate BSR & Associates.
- Government mulls ceiling for audit firms amid crack down on lapsesGovernance lapses, negligence has loaded the banks with one of the world’s worst piles of bad debt.
- Ban on audit firms may not hit their entire networkGovernment also set to tighten curbs on auditors to minimise conflicts of interest.
- NCLT lacks jurisdiction to ban us, say Deloitte, KPMGAuditors can’t be put in the same category as independent directors and senior management, they argued.
- Ahead of NCLT hearing, BSR quits as IFIN auditorGovt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.
- Deloitte global CEO met top officials to persuade them against the possible banDeloitte global CEO Punit Renjen apprises North Block officials about impact of ban on Indian market
- MNCs in a fix over likely ban on 2 audit firms in IndiaMNCs and Indian cos with global operations are in a fix over their audits amid likely ban on KPMG and Deloitte.
- IL&FS probe: NFRA seeks documents from auditorsNearly 40 auditors including Deloitte, KPMG, EY have been asked to give hard copies, cloud access.
- Company directors will have to sit for exams in India after scandalsThe exam will be an online assessment covering company law, ethics, and capital market norms.
- Govt demand to bar IFIN auditors: Deloitte, BSR ban may leave big gap in Audit Inc's booksSuch a move would take out two of the so-called Big Four and affect as many as 342 listed companies.
- IL&FS scam: Government moves NCLT to seek 5-year ban on Deloitte, KPMG affiliate BSRThe proposed ban, could prevent the two firms from auditing any listed or unlisted company for five years.
- IFIN case: Auditors set to take on SFIOBSR, Deloitte have been accused of colluding with the IFIN management to falsify accounts.
- As Deloitte stares at a lengthy India ban, a look at the events that led to thisSerious irregularities in IL&FS accounts have prompted India to set sleuths on Deloitte's trail.
- Sesa Sterlite working to get Supreme Court nod to reopen Goa minesSesa Sterlite, the main subsidiary of mining conglomerate Vedanta, is the largest private sector iron ore producer in India.
- Ban on IT outsourcing: Higher pvt spend to offset govt curbsOhio's ban on offshoring of IT projects by state government departments will not impact Indian IT exporters in the short run, feel experts.
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