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MISLEADING DISCLOSURES
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...- AI-generated ads should be exempt from EU transparency rules, retail association saysThe European Union AI Act, which enters into force on August 2, requires companies to clearly label where artificial intelligence has bee...
- Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci o...
- Turtlemint investors IPO cash out; Ola Electric eyes Sebi settlementPeak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in today’...
- Ola Electric files application to settle Sebi probe over false information allegationsOla Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock pr...
- Ola Electric files application to settle Sebi probeOla Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stoc...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Congress holds 'Satyagraha' protest at Jantar Mantar against ECI over Meenakshi Natarajan's nomination rejectionCongress workers staged a Satyagraha protest at Jantar Mantar. They are opposing the Election Commission of India's decision to reject Meen...
- Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...
- Rajesh Exports shares hit 5% lower circuit for third session on alleged Rs 15.15 lakh crore fraudRajesh Exports shares hit lower circuits for a third straight session after Sebi alleged massive revenue inflation and financial irregulari...
- CCPA imposes Rs 7 lakh penalty for misleading claims relating to UPSC civil services examination resultsThe Central Consumer Protection Authority has fined Vajiram and Ravi IAS Study Centre Rs 7 lakh. The coaching institute published misleadin...
- Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalisedSEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circ...
- Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- 161,000 affected in Krispy Kreme data breach settlement: Eligibility, payout details, and claim rules explainedThe Krispy Kreme Data Breach Settlement has drawn attention after reports confirmed a 2024 data breach affecting about 161,000 individuals ...
- Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...
- UPSC optional marks row: RTI applicant, DoPT both warn of coaching institutes' misuse before CICA dispute over UPSC Mains marks disclosure has reached the Central Information Commission. An RTI applicant and the Department of Personnel...
- Paying extra for MF-PMS? Here’s what investors get and what they may lose on returnsPMS-style mutual fund advisory can fetch you a curated selection of funds with allocation and execution embedded. This convenience faces a ...
- CCPA slaps Rs 15 lakh penalty on two coaching institutes for misleading ads on JEE, NEET resultsConsumer protection regulator CCPA has fined Motion Education and Career Line Coaching for misleading ads. These institutes published ads a...
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