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ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noiseThis supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...- Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackPrestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company repo...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- Treat internal financial controls as business necessity, not as compliance burden: ICAI officialStrong internal financial controls are crucial for businesses, not just for compliance, according to the ICAI President. He emphasized that...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
- India, Israel sign MoU to strengthen cooperation in public sector auditingIndia's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...
- As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
- Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
- CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
- Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
- CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
- Cracked 19 govt exams! This 23-year-old Raipur woman stunned nation with historic feat; Now she will receive award at Rashtrapati BhavanTwenty-three-year-old Charu Pandey from Raipur has achieved an extraordinary feat by clearing 19 competitive examinations, including presti...
- Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
- 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...
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