The full service carrier, whose board is scheduled to consider the financial results for the June quarter on Monday

The airline said the two additional assessments had led it to seek additional time for its board meeting. It was earlier to be held on Aug ...

The auditors are believed to have issues regarding the airline being a going concern.

Jet late last Thursday deferred the announcement of its quarterly (April-June) earnings.

BSR might even consider resigning from the account if the issue is not resolved soon, these people added.

Experts believe it takes more than what meets the eye for a company to postpone its results.

BSR & Co, a KPMG affiliate, also found the airline to not be a 'going concern.

“The company is in stress and this is a sign that things are not so rosy at Jet Airways.”

A company is termed as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bank...

All deviations from the checklist will be reported and the executives in question “hauled up”, said one of the persons quoted above.

Mystery shopping is a tool for companies like Cox & Kings to help its frontline staff get an understanding on what a consumer perceives.

A company is known as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bankr...

The red flag for SpiceJet was raised in the audit report along with its result for the quarter ended June 30, 2014.

The budget carrier's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its net ...

Budget carrier SpiceJet's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its...

In a report to SpiceJet, S R Batliboi & Associates said accumulated losses of Rs 1,077.81 crore have 'substantially' eroded company's net w...

Auditors to Jet Airways have warned that the company needs to raise money in order to meet its obligations and fund JetLite.