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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...
- From Rs 75 in cash to the heart of a TMC revolt: The unlikely political journey of NCPIThe Nationalist Citizens Party of India, NCPI, a little-known outfit with just Rs 75 cash, is now in the national spotlight. Twenty disside...
- CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
- CEA Nageswaran backs CAG audit of local bodiesChief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This...
- Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
- 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 ...
- A $40,000 raise and the CFO seat are within reach, but one employee in his early 30s says the promotion isn't worth itA finance director at a nonprofit is contemplating declining a promotion to CFO, despite being the likely successor. He enjoys hands-on fin...
- 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...
- Delhi to add 13 more air quality monitoring stations this yearDelhi is set to receive 13 new air quality monitoring stations this year. The Delhi Pollution Control Committee is developing 10 of these, ...
- IndusInd's ex-CFO files Rs 70-cr suit over wrongful terminationFormer IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination...
- PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
- NSE edges closer to IPO nod after Sebi panel clears Rs 1,800 crore settlement proposalThe four-member expert committee on settlement orders is chaired by Jai Narayan Patel, former chief justice of the Calcutta High Court. The...
- SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
- Boat cofounder Aman Gupta's Offbeat Studios raises Rs 100 crore led by Bessemer Venture PartnersAman Gupta has raised Rs 100 crore in seed funding for his new venture, Offbeat Studios, led by Bessemer Venture Partners. While details ab...
- S K Kohli appointed chief defence accounts auditorThe Appointments Committee of Cabinet has approved Kohli's empanelment for promotion to the post of CGDA, an order issued by Department of ...
- $38 billion state funds misused: China's chief auditorChina's top auditing body has found misuse of over $38 bn funds in its latest audit leading to investigations against 321 officials, state ...
- $38 billion state funds misused: China's chief auditorNAO had handed over 321 officials and related staff to judicial and discipline inspection authorities, the Global Times quoted Liu as sayin...
- CAG physical checks on granaries to make room for record outputIndia's chief auditor has decided to conduct a physical verification of state-run granaries as the country braces for a record grain output.
- CAG plans to inspect telcos' spectrum usage patternEfficient use of airwaves is one of the most controversial issues in the telecom sector and has been the cause of much bickering and scanda...
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