Ruchika Chitravanshi &Amp;Amp; Shrimi Choudhary

Stories by Ruchika Chitravanshi &Amp;Amp; Shrimi Choudhary

As India learns to 'live' with COVID-19, hospitals brace for new normal

As India learns to 'live' with COVID-19, hospitals brace for new normal

Rediff.com   12 May 2020

Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.

Audit cos to go digital for clearing lockdown hurdle

Audit cos to go digital for clearing lockdown hurdle

Rediff.com   11 May 2020

There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.

YES Bank: Rs 5,500-crore kickback charge slapped on Rana Kapoor

YES Bank: Rs 5,500-crore kickback charge slapped on Rana Kapoor

Rediff.com   7 May 2020

Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.

Gold smugglers locked down, no seizure in April

Gold smugglers locked down, no seizure in April

Rediff.com   6 May 2020

Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.

Explain how you contracted COVID-19: Delhi govt to medics

Explain how you contracted COVID-19: Delhi govt to medics

Rediff.com   2 May 2020

A letter sent out by Delhi government asked all medical directors to provide a written explanation on how the health workers contracted the disease despite wearing protective gear, maintaining safe distancing and taking all precautions.

Deadline for tax settlement scheme may be extended

Deadline for tax settlement scheme may be extended

Rediff.com   1 May 2020

The revenue department has not seen a single deposit, owing to the outbreak of the COVID-19 pandemic.

Rights issue pricing norms for NRIs tightened

Rights issue pricing norms for NRIs tightened

Rediff.com   29 Apr 2020

Experts said the rules will help curb market manipulation and money laundering, which could take place during the transfer of shares between residents and NRIs.

Can disinfectant tunnels actually spray out the virus?

Can disinfectant tunnels actually spray out the virus?

Rediff.com   27 Apr 2020

These are becoming one of the most in-demand commodities in the COVID world with malls, offices, banks, and shops lining up to install the structure at their entrances. The company swamped with these orders is a relatively new one, Chennai-based Nanolife, which has patented its Rajat Bhasma formula or the silver nanoparticles solution as a healthy disinfectant. Sceptics, however, say if a person is potentially exposed to the COVID-19 virus, spraying the external part of the body would not kill the microbe, which is inside the body.

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Rediff.com   26 Apr 2020

The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.

Bankruptcy: India Inc gets breather for 6 months

Bankruptcy: India Inc gets breather for 6 months

Rediff.com   24 Apr 2020

Govt has decided to suspend Sections 7, 9, and 10, which are used to trigger insolvency proceedings for six months or a period not exceeding one year from the date they commence.

Elephant in the room: Is it community infection or no?

Elephant in the room: Is it community infection or no?

Rediff.com   24 Apr 2020

'Call it by whichever name, but there is transmission happening between people.'

Days after Markaz event, eerie silence hangs over Nizamuddin

Days after Markaz event, eerie silence hangs over Nizamuddin

Rediff.com   9 Apr 2020

Inside the narrow alleys of the basti, two CRPF companies -- around 150 armed guards -- have been deployed to keep a check on any unnecessary movement, reports Ruchika Chitravanshi.

COVID-19: IAS officers want extension of lockdown

COVID-19: IAS officers want extension of lockdown

Rediff.com   5 Apr 2020

410 civil servants in a feedback survey to the Prime Minister's Office said that the curfew should stay till the pandemic is controlled and asked to increase fiscal spending on health infrastructure to around Rs 5-10 trillion.

Direct tax shortfall likely to be at 20-year high

Direct tax shortfall likely to be at 20-year high

Rediff.com   31 Mar 2020

The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.

India Inc bracing for coronavirus impact on bankruptcies

India Inc bracing for coronavirus impact on bankruptcies

Rediff.com   25 Mar 2020

The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.

Stock exchanges activate disaster recovery sites

Stock exchanges activate disaster recovery sites

Rediff.com   24 Mar 2020

The objective is to ensure the exchange's preparedness in the event of a natural calamity, so that any disruptions should not affect market integrity and investor confidence.

Ministry permits video conferencing board meets till June 30

Ministry permits video conferencing board meets till June 30

Rediff.com   21 Mar 2020

Companies will have to follow all requirements laid out under rules for holding board meetings via video conferencing such as recording of these proceedings, ensuring availability of proper equipment among others.

NCLT to get a boost with more staff, Benches

NCLT to get a boost with more staff, Benches

Rediff.com   17 Mar 2020

The government is also planning to set up specialised Benches for competition law to reduce the burden of the appellate tribunal, which is referred to on all matters from company law and IBC to competition law and the national financial reporting authority.

Rana Kapoor's properties may soon be attached by ED

Rana Kapoor's properties may soon be attached by ED

Rediff.com   14 Mar 2020

The properties overseas include two luxury hotels - one in New York and one in London - two residential apartments in London valued at 15 million each, and a yacht stationed in the UK. In India, Kapoor's six bungalows in Delhi's upscale localities, including Jor Bagh, Hauz Khas, and Kautilya Marg, were also identified.

New audit rules will shield India Inc against frauds

New audit rules will shield India Inc against frauds

Rediff.com   27 Feb 2020

With auditing under the scanner and two of the Big Four firms stopping non-audit services for audit clients, auditors will now be subjected to a more stringent standard of reporting.