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COST AUDIT RULES
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...
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
CCPA slaps fines on PhysicsWallah, McAfee for 'Dark Pattern' practicesIndia's consumer watchdog has fined edtech firm PhysicsWallah and cybersecurity company McAfee. They were found using deceptive interface d...
How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Manager fired for missing shifts he once scheduled; now text from an employee he hired in California reveals the termination was about something else entirelyA California restaurant manager who was fired for allegedly showing up late to shifts he scheduled himself says old employee text messages ...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
'Invisible weapons attacking social harmony': Akhilesh Yadav targets BJP, demands audit of funds and assetsSamajwadi Party Chief Akhilesh Yadav has directly attacked the Bharatiya Janata Party. He alleges invisible weapons are being used to harm ...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
At White House briefing, Vance says Iran war won't be 'forever'US Vice President JD Vance defended President Donald Trump’s Iran policy during a White House briefing, assuring Americans the conflict wou...
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...
Multibaggers, mirages and market mathAn experiment demonstrates how survivorship bias can create the illusion of market genius. By selectively sharing successful predictions an...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...
Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...