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 ...
IndusInd Bank shares fall 3% after fresh whistleblower complaint reaches PMO, RBIIndusInd Bank shares fell on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister’s Office, RBI, and other regula...
NFRA sets up 4 separate functional divisionsThe National Financial Reporting Authority (NFRA) is stepping up its game with the launch of four specialized divisions that will focus on ...
Audit watchdog to split disciplinary & probe functions, set up 4 divisionsThe National Financial Reporting Authority (NFRA) is restructuring its operations by creating separate wings for investigation and discipli...
Sebi fines Axis Trustee Services Rs 10 lakhsSebi has fined Axis Trustee Services ₹10 lakh. The penalty is for not promptly disclosing a ruling against former REIT executive Aravind Ma...
NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...
NFRA, ICAI mull mechanism to boost regulatory coordinationTo promote harmony and effective collaboration, India’s premier audit watchdogs, NFRA and ICAI, are setting up a systematic approach for be...
NFRA moves SC against Delhi HC's EQCR orderNFRA has appealed to the Supreme Court against a Delhi HC order, arguing that an Engagement Quality Control Reviewer (EQCR) is not an audit...
NFRA board proposes new audit regime in India from April 2026The National Financial Reporting Authority (NFRA) proposes a new accounting regime for India, aligning auditing standards with global norms...
NCLAT upholds NFRA’s power. What does it mean for auditors and larger financial sectorThe NFRA can also recommend accounting and auditing policies and standards to the government for adoption. Before it was set up, the Instit...
NCLAT upholds NFRA penalty on DHFL auditorsThe National Company Law Appellate Tribunal has upheld the penalty imposed by the National Financial Reporting Authority (NFRA) on auditors...
NFRA may approach SC over power to probe pre 2018 casesNFRA has already barred some auditors allegedly involved in the IL&FS crisis from undertaking fresh work, in addition to imposing fines on ...
NFRA publishes list of auditors who have not filed returns for FY20According to rules, all auditors are required to file their annual returns with NFRA by filling a form NFRA-2 on or before 30 November ever...
EY partner firm SRBC's audit of IL&FS compromised: NFRAIn its audit quality report (AQR), the NFRA pointed to "large scale non-compliance with professional and regulatory and legal requirements"...
NFRA needs to have standalone legislation, says chairperson R SridharanSridharan said the NFRA operates under a single section of the Companies Act. The section does not provide comprehensive coverage of all th...
NFRA extends deadline for comments on consultation paper till July 30The consultation paper is focused on 'enhancing engagement with stakeholders and it has been prepared after taking into consideration vario...
Delhi High Court grants interim relief to IL&FS audit partners from NFRA orderThree partners of Deloitte India, Udayan Sen, Shrenik Beid and Rukshad Daruvala, had filed a writ petition in the high court challenging th...