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...
05 Jun, 2026, 05.55 AM IST
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...
04 Jun, 2026, 11.56 PM IST
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 ...
03 Jun, 2026, 03.05 PM IST
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...
31 May, 2026, 02.31 PM IST
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...
30 May, 2026, 08.10 AM IST
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...
15 May, 2026, 01.07 AM IST
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...
05 May, 2026, 03.45 PM IST
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...
03 May, 2026, 11.22 AM IST
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...
29 Apr, 2026, 07.07 PM IST
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...
23 Apr, 2026, 03.38 PM IST
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...
23 Apr, 2026, 03.25 PM IST
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 ...
07 Apr, 2026, 09.22 PM IST
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...
07 Apr, 2026, 03.38 PM IST
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...
04 Apr, 2026, 05.54 PM IST
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...
30 Mar, 2026, 12.43 AM IST
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.
31 May, 2013, 06.37 PM IST
Government to take penal action against PSU banks’ auditorsCAG on Tuesday said 8.5% of the 80,299 farmer accounts audited were found to be ineligible for the Agricultural Debt Waiver and Debt Relief...
08 Mar, 2013, 04.00 AM IST