ICAI bats for division of audit onus; signals truce with NFRA after a yearThe Institute of Chartered Accountants of India is set to propose a clear division of responsibility between principal auditors of corporat...
15 Dec, 2025, 05.30 AM IST
CAG engaging CA firms will not compromise auditor's independence, says ICAIICAI defended CAG's decision to engage CA firms for auditing central autonomous bodies, asserting it enhances audit quality and efficiency,...
13 Jun, 2025, 10.28 PM IST
Global audit framework for local bodies in the works: CAGApex auditors, including India's Comptroller and Auditor General (CAG) Girish Chandra Murmu, are developing an international framework for ...
28 Feb, 2024, 04.11 PM IST
CAG selected as external auditor of International Labour OrganisationComptroller and Auditor General of India (CAG) has been selected as external auditor of the International Labour Organization (ILO), Geneva...
23 Feb, 2023, 09.06 PM IST
CAG pulls up ONGC for flaring high-pressure gas worth Rs 816 cr from Mumbai High FieldApex auditor CAG on Tuesday pulled up state-owned ONGC for flaring of high-pressure gas valued at Rs 816.08 crore in the Mumbai High Field ...
21 Dec, 2021, 08.49 PM IST
MCA plans to move SC against IFIN auditorsThe Centre plans to contest in the apex court a Bombay High Court ruling that disallowed a government petition that had sought to take acti...
25 Apr, 2020, 08.40 AM IST
MS Dhoni moves SC for possession of Rs 1.25 crore flat he got for Rs 20 lakhWhile Dhoni entered into multiple agreements with the Amrapali Group, his wife Sakshi was also associated with the charitable wing of the g...
28 Apr, 2019, 02.08 PM IST
SC directs sealing of 9 properties of Amrapali groupSC also ordered sealing of two properties of the group at Rajgir and Buxar in Bihar saying that after sealing of these properties, its keys...
10 Oct, 2018, 04.14 PM IST
Nirav Modi scam: ICAI sends notices to statutory auditors of Brady House branchThe biggest ever banking fraud of more than Rs 13,000 crore was allegedly committed by billionaire diamantaire Nirav Modi and his uncle Meh...
15 Apr, 2018, 05.09 PM IST
SAIL's expansion programme planning, execution not efficient: CAGSAIL failed to implement MEP within planned timelines and the capacity expansion at SSP only could be completed by September 2010, it added.
12 Aug, 2015, 04.27 PM IST
- CAG asks government to ensure all accounts of PPP projects are audited
There are risks in estimation of revenue streams of projects under PPP arrangement which may significantly impact the exchequer or users of...
04 Aug, 2014, 08.38 PM IST
CAG has powers to examine efficiency of policy decisions: Supreme CourtThe Supreme Court has said that the Comptroller and Auditor-General had a duty to comment critically on the efficacy of policy decisions.
02 Oct, 2012, 06.29 AM IST
- Satyam fraud case: Ramalinga Raju and his brother move SC for bail
Satyam founder B Ramalinga Raju and his brother B Rama Raju have approached the Supreme Court seeking bail.
20 Oct, 2011, 10.01 PM IST
- Satyam Scam: SC grants bail to four former employees of Satyam Computers and a former auditor of PWC
B Ramalinga Raju and his brother and Satyam's former MD B Rama Raju, have so far not approached the apex court for bail.
13 Oct, 2011, 07.27 AM IST
- PSUs better taxpayers than pvt peers: CAG
The apex auditor CAG has said that public sector companies are better taxpayers than private sector firms.
25 Apr, 2010, 11.27 AM IST
- ICAI for severe punishment for Satyam CAs and auditors
The apex body of Chartered Accountants said any member of the body found guilty in the Satyam financial wrong doings would be severely puni...
07 Jan, 2009, 03.54 PM IST
- RBI asks auditors to tighten reporting norms for NBFCs
The non-banking finance companies (NBFCs) are set to face stringent reporting norms by the Reserve Bank of India.
22 Sep, 2007, 01.48 AM IST