Sebi panel moots direct listing of Indian cos overseas

A high-level panel on Tuesday recommended that market regulator Sebi allow the direct listing of Indian companies on overseas bourses and of foreign firms on Indian exchanges.  Currently,......

PNB scam: What role did the auditors play?

While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm......

IFRS switch: Govt confident, industry not sure

The corporate affairs ministry and the Institute of Chartered Accountants of India (ICAI) are confident of meeting the April 2011 deadline to shift to International Financial Reporting Standards......

Mixed response to Sebi's proposed audit rules

The proposed tightening of audit and disclosure norms, as mooted by a panel of the stock market regulator, Securities and Exchange Board of India, has evoked a mixed response from companies and......