Search results for ' Auditors'

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

BCCI top brass happy after SC gives green light to Rajkot Test

BCCI top brass happy after SC gives green light to Rajkot Test

Rediff.com8 Nov 2016

The BCCI top brass is relieved that the Test series between England and India is starting at Rajkot on Wednesday as per schedule. "BCCI is pleased and relieved with the order. We have the highest regard for the Supreme Court and we are extremely thankful that the Honourable Apex Court understood our position and granted a favourable relief," a very senior BCCI member in the know of things told PTI on Tuesday.

Delhi govt may go for CAG audit of private power companies

Delhi govt may go for CAG audit of private power companies

Rediff.com31 Dec 2013

Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.

Rafale is game changer, SC delivered fine judgment: Air Chief

Rafale is game changer, SC delivered fine judgment: Air Chief

Rediff.com19 Dec 2018

He also cautioned against politicisation of defence purchases, suggesting that this had earlier led to the delay in the army acquiring the Bofors gun.

Here's how damned our fight against cyber fraud is

Here's how damned our fight against cyber fraud is

Rediff.com27 Nov 2016

Government auditor CAG has expressed concern over the post of chairperson of Cyber Appellate Tribunal lying vacant for about five years, saying this has led to not a single case being heard or disposed of despite pending appeals.

Anil Ambani meets Delhi Lt Governor

Anil Ambani meets Delhi Lt Governor

Rediff.com19 Feb 2014

Last month, then Delhi Chief Minister Arvind Kejriwal had ordered a CAG scrutiny of private power distribution companies.

Ontario minister quits over cricket grants

Ontario minister quits over cricket grants

Rediff.com29 Jul 2007

Ontario's Minister for Citizenship and Immigration Mike Colle had to resign from the Cabinet on Thursday because of a damning report by the provincial Auditor-General, who took exception to him issuing a cheque for $1-million to the Ontario Cricket A

All you need to know about new CJI Justice Bobde

All you need to know about new CJI Justice Bobde

Rediff.com29 Oct 2019

Hailing from a family of lawyers from Maharashtra, he was part of a nine-judge Bench of the Supreme Court which in August 2017 declared the right to privacy as a fundamental right of an individual.

Nirupam slaps legal notice on ex-CAG, demands apology

Nirupam slaps legal notice on ex-CAG, demands apology

Rediff.com15 Sep 2014

Congress leader Sanjay Nirupam on Monday slapped a legal notice on ex-Comptroller Auditor General Vinod Rai accusing him of defamation and threatened to launch criminal proceedings if he did not apologise for remarks that the MP had asked the former chief auditor to drop Manmohan Singh's name from 2G report.

CAG pulls up DRDO for unauthorised building

CAG pulls up DRDO for unauthorised building

Rediff.com15 May 2007

The bone of contention is the 450-seat convention centre built in the new DRDO building behind South Block at an additional cost of Rs 6.40 crore which has been taken objection to by the Comptroller and Auditor General.

How my first salary of Rs 300 helped fulfill my dreams

How my first salary of Rs 300 helped fulfill my dreams

Rediff.com11 Dec 2019

Rediff reader Kiran Mestry, 49 from Mumbai tells us how her first salary changed her life.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.

Will throw Amrapali Group out and transfer ownership: SC

Will throw Amrapali Group out and transfer ownership: SC

Rediff.com8 May 2019

The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.

Centre allows 4G on trial in 2 J-K districts after Aug 15

Centre allows 4G on trial in 2 J-K districts after Aug 15

Rediff.com11 Aug 2020

The committee has decided that access to 4G internet in J-K will be given in a calibrated manner and outcome of the trial will be reviewed after two months.

Cong asks CAG to recuse from Rafale audit, cites conflict of interest

Cong asks CAG to recuse from Rafale audit, cites conflict of interest

Rediff.com10 Feb 2019

The opposition party also said that it would be improper on the part of Mehrishi to present the report in Parliament.

Manoj Sinha sworn in as J-K Lt Guv

Manoj Sinha sworn in as J-K Lt Guv

Rediff.com7 Aug 2020

The 61-year-old, who was administered the oath of office by Jammu and Kashmir High Court Chief Justice Gita Mittal at a simple function in the Raj Bhavan, also said he wants to accelerate development in the union territory, carved out of the erstwhile state of Jammu and Kashmir last year.

Lack of Delhi-based crew for Dreamliners cost Air India Rs 17 cr

Lack of Delhi-based crew for Dreamliners cost Air India Rs 17 cr

Rediff.com4 Aug 2014

It said Air India "accepted" that though the number of flights from Delhi "increased substantially.

MoD panel found Dassault was not lowest bidder: CAG

MoD panel found Dassault was not lowest bidder: CAG

Rediff.com13 Feb 2019

The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.

The Ruler Who Changed India

The Ruler Who Changed India

Rediff.com23 Jan 2020

Sher Shah Suri ruled for only a few years, but his huge influence on India continues six centuries later, reveals Farhat Nasreen.

Cricket Buzz: Kapil tenders resignation from 'non existent' CAC

Cricket Buzz: Kapil tenders resignation from 'non existent' CAC

Rediff.com2 Oct 2019

CoA chief Vinod Rai has made it clear that the CAC comprising Kapil were 'not conflicted'

Kingfisher result: Accounting standards not followed

Kingfisher result: Accounting standards not followed

Rediff.com12 Feb 2014

The auditors, B K Ramadhyani & Co, questioned the accounting method used by the airline to calculate costs incurred on maintenance and repair of aircraft.

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

Modi won't be proud of these figures!

Modi won't be proud of these figures!

Rediff.com4 Oct 2013

Every third child in Gujarat is underweight, says the CAG

Special court verdict in Satyam case likely on Dec 23

Special court verdict in Satyam case likely on Dec 23

Rediff.com21 Dec 2014

Special court will announce judgement in Satyam case on Dec 23.

Bain sues EY in US court for $60-mn loss in Lilliput

Bain sues EY in US court for $60-mn loss in Lilliput

Rediff.com14 Jun 2014

Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified

How MPs misuse their MPLADS funds

How MPs misuse their MPLADS funds

Rediff.com30 Jul 2013

Public Money, Private Agenda -- The Use and Abuse of MPLADS by A Surya Prakash provides a comprehensive look at the Members of Parliament Local Area Development Scheme, which was launched 20 years ago in 1993. Excerpts from the book.

The FIR against Birla that reignited a controversy

The FIR against Birla that reignited a controversy

Rediff.com5 Nov 2013

It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM.

Coal fire: 3 Tata Group firms under CAG spotlight

Coal fire: 3 Tata Group firms under CAG spotlight

Rediff.com31 Oct 2013

More than a year after the Comptroller and Auditor General of India (CAG) tabled the coal block allocation report in Parliament, indicting the government for a notional loss of Rs 1.86 lakh crore while allocating coal blocks, the Central Bureau of Investigation (CBI) has filed 14 First Information Reports (FIRs) against private sector companies, and more are in the offing.

Questions to ask about the Bad Bank

Questions to ask about the Bad Bank

Rediff.com3 Mar 2021

Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay.

Whistleblower case: Infosys audit panel found no 'financial impropriety'

Whistleblower case: Infosys audit panel found no 'financial impropriety'

Rediff.com11 Jan 2020

The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".

CAG reveals irregular tax exemptions to cricket associations

CAG reveals irregular tax exemptions to cricket associations

Rediff.com13 Dec 2013

The Income-tax Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the tune of Rs 37.23 crore, the Comptroller and Auditor General (CAG) said on Friday.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

When will Modi privatise railways?

When will Modi privatise railways?

Rediff.com18 Mar 2020

'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.

PM breaks silence on PNB fraud: 'Won't tolerate loot of public money'

PM breaks silence on PNB fraud: 'Won't tolerate loot of public money'

Rediff.com23 Feb 2018

Days after the fraud allegedly masterminded by diamantaire Nirav Modi came to light, the prime minister asked the management of financial institutions as well as the supervisory bodies to do their job diligently to check such frauds.

This bank needs team leaders

This bank needs team leaders

Rediff.com1 Aug 2006

ICICI Bank is looking for Team Leaders and Quality Auditors.

Abdullahs' house in Jammu built on encroached land: J-K admin

Abdullahs' house in Jammu built on encroached land: J-K admin

Rediff.com24 Nov 2020

The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.

Noose tightens around ponzi scheme operators

Noose tightens around ponzi scheme operators

Rediff.com9 May 2019

The move is aimed at protecting investors from parking their money in dubious schemes.

There's more to bank frauds than meets the eyes

There's more to bank frauds than meets the eyes

Rediff.com21 Sep 2020

A common feature in India is the lag between the occurrence of frauds and the time they are actually reported.

N-waste disposal: 9-year-delay unacceptable:CAG

N-waste disposal: 9-year-delay unacceptable:CAG

Rediff.com29 Mar 2006

Dismissing DAE's reply that most of the items were working satisfactorily, CAG said the department should have analysed all the aspects before ordering for the equipment.

Court may set date for Satyam verdict on Oct 30

Court may set date for Satyam verdict on Oct 30

Rediff.com27 Oct 2014

Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.