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INDAS
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...- 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 ...
- PhysicsWallah Q4 Results: Losses narrow 74% YoY to Rs 75 crore as revenue jumps 51%PhysicsWallah sharply reduced its quarterly and annual losses in FY26 as revenue growth accelerated through disciplined scaling and AI-led ...
- Irdai links executive pay at insurers to elimination of unfair practicesThe move is part of new KMP performance evaluation rules, under which the regulator has made 50% of key performance indicators (KPIs) manda...
- Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...
- The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
- Kalpataru FY26 pre-sales up 17% to Rs 5,280 cr; Q4 net profit at Rs 194 crKalpataru delivered its strongest operational performance with record pre-sales, collections, and profit growth driven by strong demand acr...
- West Bengal winner list 2026: As BJP wins over 200 seats in stunning victory, check full list of TMC, Congress winners hereThe Bharatiya Janata Party secured a strong lead in West Bengal's election and bagged 207 seats. This outcome presents a significant challe...
- The first verdict before the final one: BJP leads in Bengal, Assam; UDF ahead in Kerala while Vijay factor looms in TNExit polls released after voting in five states offer early glimpses of election results. Bharatiya Janata Party could be poised for a hist...
- Net sales growth of FDI companies moderated to 8.7% in FY25: RBI dataNet sales growth for select FDI companies in India moderated to 8.7% in 2024-25, down from 9.4% the previous year, according to RBI data. W...
- Net sales of non-financial private companies rise 11.4% in FY25: RBI dataThe Reserve Bank's recent statistics reveal that net sales for non-financial private firms surged by 11.4 percent in 2024-25. This reflects...
- IndAS117: Challenges and opportunities for Indian insurersThe implementation of IndAS117 has cost the insurance industry around $20 billion. Although challenging, it promises enhanced transparency ...
- Govt amends Indian Accounting Standards, including those relating to leases amid pandemicWhile Ind-AS 103 pertains to business combinations, Ind-AS 116 relates to principles for recognition, presentation and disclosure of leases...
- RBI may push back rollout of new accounting norms to FY23In March 2019, the RBI announced deferral of IndAS till further notice.
- Ind-AS 116 norms could impact profits of multiplexes, airlinesInd-AS 116 sets out principles for recognition, presentation and disclosure of leases.
- RBI defers Ind-AS implementationIndian banks were required to comply with it from April 2018.
- Irdai defers Ind-AS implementation to April 2020The authority has approved the regulatory override whereby the implementation of Ind-AS in the insurance sector has been deferred by two ye...
- Accounting curriculum needs to be aligned with Ind-AS, feel auditors"In order to meet the growing demand, we need to start aligning our accounting curriculum with the new accounting standards," said T. Murli...
- India Inc braces itself for Ind-AS, performance of companies to change dramaticallyIndia is changing its accounting standards from GAAP to Ind-AS, the latter is on a par with IFRS from April next year.
- Managing the pitfalls for Ind-AS adoption in IndiaIn the Union Budget for the year 2014-15, the Honourable Minister for Finance, Defence and Corporate Affairs proposed for adoption of IFRS ...
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