Searched for
STATUTORY AUDITORS
Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...- Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
- 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...
- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
- Congress questions LIC's 10.8% stake in SEBI-probed Rajesh ExportsSEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misre...
- Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
- 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 ...
- Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
- Sebi mulls allowing InvITs to add major road expenses back into NDCF calculationThe proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) ...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
- PwC resigns as auditor of Paytm Payments Services LimitedPrice Waterhouse Chartered Accountants Llp (PWC) has resigned as auditor of Paytm Payments Services Limited (PPSL) from August 7, 2023, due...
- Dhanlaxmi Bank shareholders reject appointment of statutory auditorThe shareholders rejected the proposal of appointment of statutory auditors P B Vijayaraghavan & Co, Chartered Accountants, Chennai with 65...
- Federal Bank shareholders approve re-appointment of Shyam Srinivasan as MD & CEOThe decision was taken in the 90th Annual General Meeting of shareholders of Federal Bank which was conducted through video conferencing on...
- RBI's new norms to help enhance audit quality, transparency, add value: ExpertsIn April, the Reserve Bank issued a circular putting in place the new norms for appointment of statutory central auditors and statutory aud...
- RBI issues guidelines for appointment of statutory auditors of banks, NBFCsAs per the new norms, banks will be required to take prior approval of the RBI for appointment or reappointment of statutory auditors on an...
- Sebi asks listed cos to disclose forensic audit info to exchangesThe listed entities will make disclosures about the fact of initiation of forensic audit along with the name of the entity initiating such ...
- RBI bars SR Batliboi from audit of commercial banks for a yearRBI said the action was initiated on account of the lapses identified in a statutory audit.
- CAG calls for hike in statutory auditor feesThe country’s apex audit body Comptroller and Auditor General of India (CAG) has called for an increase in fees paid to statutory auditors ...
Load More
