Indian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...

A confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...

Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...

The Competition Commission of India is aligning with evolving market dynamics, taking a bold approach against cartel activities. This vigil...

The Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and for...

Whenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...

A listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...

The Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...

The Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...

An American picking up Malayalam. A Korean calling himself Bihari. A Kiwi showing the nooks of India. Foreign influencers are using Indian ...

India's corporate affairs ministry is set to announce new audit rules. These changes will bring Indian standards in line with global practi...

KPMG Mauritius had last month resigned as the auditor of UPL's Mauritius arm. Shares of the Mumbai-based company slumped as much as 9.40% t...

The SC was hearing a petition that alleged that multi-national accounting firms operating illegally in India in contravention of the CA Act...

The govt's decision is seen as a big step towards boosting the prospects of local auditors amid the backdrop of Big 4 audit firms' sweeping...

The growing gap between the MAFs and Indian firms will potentially widen further when the audit rotation and direct entry of MNC audit firm...

The thinking within the govt is that as part of reforms process, services sector should also be liberalised and global auditors could be al...

The government will have to amend the Chartered Accountants Act, 1949 that regulates the accounting profession in India to allow foreign fi...