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ENRON COMPARISON
Nvidia rejects ‘circular financing’ claims as top short sellers push backNvidia is facing new questions from well-known short sellers about how the AI market is growing. Some experts warn that AI companies may be...- Say it with pride: 'Burned in the USA!'An Indian corporation faces accusations of bribery in a US court for the first time, prompting mixed reactions in India. While some express...
- ESG is the perfect framework to establish long-term credibility of organisationsMonopolies or duopolies can create pricing problems and negative consumer experiences, resulting in the need for regulatory intervention. S...
- India facing 'possible Enron moment', says Larry Summers on Adani crisis"And I imagine with India emerging as the world's largest country, and the (G20) meeting taking place in India, there's going to be a lot o...
- At least $1 billion of client funds missing at Sam Bankman-Fried's FTXFTX's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Rese...
- Elon Musk won't have a board to watch him when he takes Twitter private – does that matter?As experts on corporate governance, we believe this feud raises two important corporate governance questions: What purpose does a board of ...
- For global rules on lease accountingAccounting regulators in the US and elsewhere are drawing up new rules for lease accounting to have a true picture of a company’s financial...
- From Ranbaxy, IPL to UPA, iGATE: An inglorious wrap of multiple faces of corruption in IndiaAsia, or at least India, isn’t rising as it had begun to a decade ago, but the filthy riches and its various manifestations are palpable.
- Big four accounting firms PwC, Deloitte, KPMG, E&Y back in consulting businessPwC, Deloitte, KPMG and E&Y found there was a sweet spot in the lucrative consulting market that only they could exploit.
- ICAI tense over move to set up new watchdogThe contours of this shift lie in a clause of the new Companies Bill, which is presently awaiting clearance from one of the two houses of P...
- I don't think we are anywhere near 1991 crisis: Raghuram RajanThe government's decision to take a few hard steps will go a long way in changing the perception among investors, says the chief economic a...
- Is brand Amul stagnating? Experts say it lacks youth connectChandramouli of Trust Research Advisory says Amul has failed to connect to the youth. "Amul has dangerously stagnated in Indian consumer's ...
- ONGC strikes it rich where MNCs failedState-run ONGC has been the whipping boy of policymakers and analysts whenever a comparison is done with its private sector peers on the ab...
- IFRS benefits far outweigh its setup costs: Jeremy Newman, CEO, BDOJeremy Newman, global CEO, BDO International says the benefits of IFRS will outweigh the costs of implementing the new accounting regime.
- Raise a toast to an incredibly Indian decade tonight!Was it the Noughties, the Aughts, the 2000s? Call it whatever, it was the decade when, despite the odd problem, India left an indelible mar...
- PwC auditors held for Satyam fraudIn an incident first of its kind in India, partners of the auditing firm PwC were arrested for their alleged role in the Satyam scandal.
- Satyam executives try to reassure wary investorsTop executives of beleaguered Indian outsourcing company Satyam Computer struggled to reassure investors, employees and clients Thursday af...
- Satyam scandal sparks demand for better governanceIndian business leaders are demanding that authorities beef up corporate governance after an accounting scandal engulfed major outsourcing ...
- Climax is over, but Enron story’s far from overIn terms of remorse, your honour, I can’t imagine more remorse. That being said, your honor, I am innocent of these charges.
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