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DEFICIENCY LETTERS
NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
Warren Buffett on how CEOs manipulate earnings – and how to spot itWarren Buffett compared modern corporate accounting to a golfer who turns in a score of 140 in his first round (thanks to fake bogeys), and...
Great Nicobar project commercial enterprise; ecological havoc assured: Congress' Jairam RameshJairam Ramesh, a senior Congress leader, has strongly criticized the Great Nicobar Island Project. He labels it a commercial venture that w...
Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakhA software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...
Tamil Nadu CM Vijay opposes Mekedatu project, writes to PM Modi after SC nod to KarnatakaTamil Nadu Chief Minister C. Joseph Vijay has appealed to Prime Minister Narendra Modi to halt Karnataka's Mekedatu Reservoir Project. Vija...
Builder denied proper parking? Know your rights under RERA & key court rulingsHomebuyers facing parking disputes with builders now have legal recourse. Judicial precedents and RERA guidelines offer clarity on issues l...
'Insult to science, make a mockery of EIA process': Jairam Ramesh on Great Nicobar projectSenior Congress leader Jairam Ramesh has written to the Union Minister of Environment, Forest and Climate Change Bhupinder Yadav over escal...
DPIIT issues updated SOP for processing FDI applicationsThe Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing wit...
8th Pay Commission latest update: Pensioner body flags 8th CPC portal problems, seeks memorandum submission deadline extensionPensioner groups Bharat Pensioners Samaj (BPS) and NCCPA have raised concerns with the 8th Pay Commission regarding its memorandum submissi...
Chemists' body asks Mankind to drop health supplement ad featuring Ranveer Singh"The content implies that vegetarian individuals are at risk of vitamin deficiency, suggesting that your product can prevent this," the AIO...
CBIC rationalises GST refund provisions, allows taxpayers to withdraw application"CBIC has put rest to this controversy, by amending the rule, and providing that the time period from the date of filing of original refund...
Inter-company deposit anomalies, lack of transparency at DHFL: DeloitteDeloitte quits after doubts over grant, rollover of inter-company deposits; questions DHFL at board meet too
Sebi issued 47 warning letters to mutual fund houses in 2018-19During 2018-19, 47 warning letters and 24 deficiency letters were issued to mutual funds/ Asset Management Companies.
Glenmark Pharma says USFDA has issued CRL for RyaltrisThe CRL cites deficiencies in the Drug Master File pertaining to one of the active pharmaceutical ingredients and in manufacturing faciliti...
- Parliamentary panel slams government for ammunition shortage
The Standing Committee on Defence said the Army representatives have also revealed that problems of shortage of tank ammunition surfaced.
- Army lays thrust on modernisation
Against the backdrop of concerns voiced by Gen V K Singh over deficiencies and shortages, the Army has laid thrust on modernisation with ai...
- EMAAR-MGF may face action for faults in CWG construction
EMAAR-MGF is expected to face penal action this week as the government has found various "irregularities" and "deficiencies" in its work.