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EXECUTIVE AND AUDITOR
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
Regulator, cos discuss price hike for some cancer drugsIndia's drug pricing authority may soon approve a price hike for vital platinum-based cancer medicines. These drugs, including carboplatin ...
Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...
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...
Sebi imposes penalty on Suzlon, executives for misstating financialsThe Securities and Exchange Board of India has fined Suzlon Energy and its top executives ₹29 crore. This action follows allegations of mis...
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...
Coal India commissions 100 MW solar power project in GujaratState-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's ren...
Auto industry faces ₹25,000 crore profit hit in FY26 due to end-of-life vehicle rulesIndia's automotive sector is gearing up for a stormy fiscal forecast. Stricter environmental regulations, retroactive to previous vehicle s...
KPMG to exit US federal audit businessBig Four firm KPMG is leaving its federal government audit work. The company will move over 450 U.S. staff to new roles. This follows a los...
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...
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisitionNexus Select Trust is expanding its portfolio. The trust has approved the acquisition of Diamond Plaza in Kolkata for Rs 347.5 crore. This ...
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...
Who are Delve founders Karun Kaushik and Selin Kocalar?Both founders, Karun Kaushik and Selin Kocalar, hold a bachelor’s degree in artificial intelligence from the Massachusetts Institute of Tec...
HDFC Bank's ex-chair Atanu Chakraborty breaks silence after abrupt exit, speaks of incongruitiesAtanu Chakraborty stepped down as HDFC Bank chairman after a two-year internal dilemma. He cited a mismatch in understanding values, ethics...
SFIO summons former top executives of IndusInd Bank in accounting probeThe Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...
2G audit was in line with global norms: Ex-CAG Vinod RaiFormer CAG Vinod Rai has said the audit had been conducted as per the global norms and insisted he never commented on policy formulation.