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AUDIT COMMITTEE EFFECTIVENESS
NCW issues advisory to States, calls for mandatory POSH audits and robust workplace safety mechanisms nationwideThe National Commission for Women has urged all states and Union Territories to strictly enforce the POSH Act, ensuring women's safety and ...- 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...
- NCPI's new avatar faces EC test; must inform, attest all changesTrinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal...
- RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
- Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...
- HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
- HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoingHDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are rob...
- Funds are won or lost on operational rigour, not just deal-making: Artha Group COOAs venture capital matures beyond the era of easy money and momentum investing, operational discipline is becoming as important as deal-mak...
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Asia Healthcare Holdings appoints three new independent directorsAsia Healthcare Holdings has appointed three independent directors to its board, effective May 1, 2026. Murali Sivaraman will serve as boar...
- Kishore & Rakesh Biyani fined for Future Retail disclosure lapsesSEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related p...
- India revises GDP release calendar, annual and Q4 figures now due on June 7India's National Statistics Office has revised the annual GDP data release schedule, moving it from the last working day of May to June 7 a...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- IndusInd Bank appoints Sunil Kumar Singh as chief compliance officerIndusInd Bank has appointed Sunil Kumar Singh as its new Chief Compliance Officer, effective April 30, 2026. Singh will succeed Sachin Pata...
- Lux Industries demerger: Mukul Agrawal-owned smallcap company announces three-way splitLux Industries' shares dropped over 7% following board approval for a business demerger. The move, stemming from a family settlement agreem...
- Supreme Court dismisses plea seeking national task force to ensure compliance with food safety measuresThe Supreme Court has thrown out a petition seeking the formation of a national task force focused on food safety, citing a lack of substan...
- Audit firms wary as govt proposes to tighten rulesNew rules on auditor independence are causing worry among Indian audit firms. These changes could affect how audits are priced and limit ch...
- Audit committees need to play more active role: CEPRThere is a need to clearly define the responsibility and accountability for the auditors as well as the audit committees, the CEPR said in ...
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