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Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
Dixon has ₹1,110-crore PLI incentive pending; chairman’s son named executive directorIn an announcement, Dixon Technologies disclosed a notable receivable of ₹1,110.06 crore tied to the government's PLI scheme, which is stil...
ICAI to issue guidance note on new audit reporting framework for multi-state cooperative societiesICAI is set to release a guidance note on the new audit reporting framework for multi-state cooperative societies. The cooperation ministry...
My broken office printer has more job security than me: Corporate employee's rant on why a machine can't be disposed unlike humans goes viralA corporate employee's account of a printer that has been broken since 2021 but cannot be disposed of because of company policies has spark...
AI and data analytics to power next phase of government audits, says CAGThe Comptroller and Auditor General of India aims to enhance audits by adopting advanced technologies, including artificial intelligence an...
AI to end billing by the hour at accounting firms as private equity changes ownership, says Eisner Advisory CEO Charles WeinsteinPrivate equity is significantly altering how professional services firms are owned and operated. AI is expected to redefine the delivery an...
RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowingAddressing the 36th conference of state finance secretaries at the Mint Road, Malhotra appealed the states to onboard onto the Unified Lend...
British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressuresThe Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosure...
PMS Talk: AI, defence and electronics manufacturing are the next growth engines, says Vaibhav AgarwalIn this edition of ETMarkets PMS Talk, we speak with Vaibhav Agarwal, Founder & CIO, Accelt Asset Management LLP, about how his team’s bott...
Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...
eMudhra faces a bigger test of public trust after security lapseThe company has voluntarily exited from the global Secure Sockets Layer/Transport Layer Security (SSL/TLS) certificate business following t...
Parliamentary Committee on Finance to examine 46 economic issues, including virtual digital assets, AI, in FY'27Parliament’s Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has selected 46 subjects for examination in 2026-27, incl...
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...
April 2025 script error left eMudhra keys exposed to AI: cofounder Kaushik SrinivasaneMudhra’s board has decided to voluntarily withdraw from the global Secure Sockets Layer/Transport Layer Security (SSL/TLS) certificate bus...
I-T likely to send notices over undisclosed foreign propertyThe Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through ...
YES Bank Q2 profit rises 65%; AT1 hit may risk 5,217 cr lossYES Bank's net profit increased by 65% to 1,080 crore in the second quarter, driven by higher income. However, factoring in a Supreme Court...
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...