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...
16 Jun, 2026, 07.07 PM IST
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...
12 Jun, 2026, 06.46 PM IST
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...
05 Jun, 2026, 05.55 AM IST
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...
04 Jun, 2026, 02.10 PM IST
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...
04 Jun, 2026, 01.57 PM IST
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 ...
03 Jun, 2026, 03.05 PM IST
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...
03 Jun, 2026, 01.05 AM IST
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) ...
01 Jun, 2026, 06.31 PM IST
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...
23 Apr, 2026, 03.25 PM IST
Auditor of Zomato subsidiaries resignsThe food tech platform's auditor Deloitte Haskins & Sells has been appointed in its place to make the audit process more efficient.
12 May, 2024, 04.24 PM IST
Price Waterhouse quits as statutory auditor of GVK Power; cite non-cooperationThe auditors alleged that despite several communications to GVK, the group did not provide them with necessary information.
14 Aug, 2020, 09.49 PM IST
Reliance Capital joint auditors say no Companies Act breach; reject PWC allegationsThe filing further said the board also took note of the views of legal experts who independently carried out an in-depth examination of the...
08 Aug, 2019, 06.41 PM IST
NCLT okays removal of auditor on government pleaIn a rare move, the National Company Law Tribunal (NCLT) has allowed the removal of the statutory auditor of a company following a plea by ...
07 Jan, 2019, 08.14 AM IST
Auditors of 204 listed companies resigned during Jan-July period: GovtOut of the 204 companies, 53 were registered in Mumbai, followed by 35 each in Delhi and Kolkata, as per the data provided in the written r...
18 Dec, 2018, 07.31 PM IST
Trai notifies panel of auditors to certify telco billing, metering systemsIt has set a November 22 deadline for telecom companies to engage any one of the 12 empanelled auditors for certifying their metering and b...
05 Nov, 2018, 04.16 PM IST
With new Companies act, company secretaries can now act as whistleblowersIf any fraud was detected by the practising CS, it will have to be reported either to the audit committee or the Corporate Affairs Ministr.
30 May, 2015, 04.30 PM IST
Price Waterhouse resigns as Satyam auditorPrice Waterhouse has said that it resigned as statutory auditor of Satyam Computer Services Ltd with effect from February 12, 2009.
22 Feb, 2009, 12.15 PM IST