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SRG HOUSING FINANCE FORENSIC AUDIT
A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
Horoscope Today, October 24, 2026: Cancer Could Unlock New Opportunities, Leo Must Watch Shared Finances, Virgo Moves Ahead Through PartnershipsThe Moon remains in Pisces today, highlighting higher learning, detailed research, and workplace partnerships. While Jupiter in Cancer brin...
Taurus Weekly Horoscope, October 26-November 1, 2026: Before November Begins, Review Your Budget, Priorities and Personal RelationshipsAs the week unfolds, Taurus individuals are reminded of the significance of financial foresight and emotional stability. Starting October 2...
NHB appoints forensic auditor for SRG Housing FinanceThe National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of f...
RBI asks banks, payment firms to forensically clear tech environments in case of a data breachThe RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor a...
Finance Ministry to invite comments on amended GST return forms from Nov 1The Finance Ministry will invite comments from businesses on proposed changes to GST return forms. This feedback period will begin on Novem...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
Bengaluru building blast injures two, battery explosion suspectedAn explosion occurred at an under-construction building on Jarmia Road in Bengaluru, injuring two individuals. The explosion, suspected to ...
CBI registers FIR into anti-drug activist Parvinder Singh Jhota's murder in Punjab; Autopsy to be done at PGIMERThe CBI has taken over the investigation into Parvinder Singh Jhota's murder following Punjab government's consent. A special team with exp...
Tiger Shroff attacker issues fresh warning to Salman Khan in an audio clip: 'Apologise to Lawrence Bishnoi'A purported audio clip featuring Anil Pandit has surfaced after the firing incident involving Tiger Shroff’s car in Mumbai. The speaker all...
Brittany Murphy bought an LA home for $3.85 million in 2003; after listing post-death, it eventually sold at a $1.15 million lossBrittany Murphy purchased a mansion previously owned by Britney Spears, which was marked by tragic events. Murphy died in the house in Dece...
Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in IndiaRaj Vikash Verma, a leading figure in the financial sector, passed away at the age of 72. He played a crucial role in advancing housing fin...
India refines 1,200 tonnes of gold but consumes 800-850 tonnes: How GIFT City could help unlock major export opportunityIndia’s 1,200-tonne gold refining industry could unlock new export opportunities through GIFT City, following the introduction of responsib...
Supreme Court dismisses appeals by DCB Bank and UBS against Fortis auditThe Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to tra...
Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets ...
NFO Insight: Carnelian Small Cap Fund opens for subscription with Rs 5,000 crore size cap. Can it deliver alpha?Carnelian Mutual Fund has launched its new Carnelian Small Cap Fund, now available for investors. Targeting a size cap of Rs 5,000 crore, t...
BIMSTEC approves Delhi Declaration with focus on combating cross-border terror, other issuesThe declaration, approved during the first meeting of BIMSTEC home ministers here, outlines principles guiding security cooperation and pri...
National Housing Bank likely to double affordable housing outlay for HFCs this fiscalNational Housing Bank plans to double the refinance and affordable housing funds for large housing finance companies. These funds will be a...
Bajaj Finserv to rope in ex-GIC re chief for reinsurance ventureBajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re bri...
National Housing Bank set to conduct forensic audit of SRG Housing FinanceAmid growing concerns over dubious lending practices, the National Housing Bank has initiated a forensic audit of SRG Housing Finance. This...