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ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
Will cooperate fully with fresh forensic audit, won't challenge Sebi interim order: Rajesh ExportsRajesh Exports Ltd will cooperate with a new forensic audit ordered by Sebi. The company faces allegations of inflating revenues by Rs 15.1...
Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....
An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unitIndian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
Who is Rajesh Mehta, man behind Rajesh Exports, facing SEBI ban over alleged Rs 15.15 lakh crore 'fraud' impacting LIC, others?Market regulator SEBI has taken action against Rajesh Exports and its Chairman Rajesh Mehta. The company faces allegations of significant f...
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
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 ...
Sebi mulls allowing InvITs to add major road expenses back into NDCF calculationThe proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) ...
Supreme Court pulls up Centre over food safety failures, seeks auditThe Supreme Court has directed the Centre and the Food Safety and Standards Authority of India to explain why a nationwide performance audi...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
CAG developing institutional capacity for new age needsIndia should use data and technology to detect corruption and unfair practices in government tenders, with stronger coordination between th...
CCI keeping pace with market trends, taking firm stance against cartelisation: CAGThe Competition Commission of India is aligning with evolving market dynamics, taking a bold approach against cartel activities. This vigil...
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...
Explained! Sebi proposes sweeping changes to buyback framework. 7 things to knowMarket regulator SEBI is proposing major shifts in company share buybacks. Open market buybacks are set to return, and the mandatory involv...
India's urban transformation must be backed by accountability: CAG at BRICS SAI SummitDuring the BRICS Summit in Bengaluru, K Sanjay Murthy, India's chief auditor, emphasized the urgent call for heightened accountability in u...
Delhi to add 13 more air quality monitoring stations this yearDelhi is set to receive 13 new air quality monitoring stations this year. The Delhi Pollution Control Committee is developing 10 of these, ...
CAG conducting special audit of 101 cities to assess ease of living, says MurthyIndia is auditing 101 cities to understand citizen ease of living. The Comptroller and Auditor General is also examining transport and logi...
Investor group urges SEC to scrutinize SpaceX IPO filing, avoid conflictsAn investor group urged the SEC to scrutinise SpaceX's disclosures ahead of its planned record-breaking IPO, citing concerns about financia...