Search results for ' Auditors'

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.

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.

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.

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.

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.

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.

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.

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.

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'

Why Reliance Power was high on Niira Radia's agenda

Why Reliance Power was high on Niira Radia's agenda

Rediff.com24 Oct 2013

Niira Radia had said friends in high places enabled favourable EGoM decision on Sasan coal diversion, a charge staunchly denied by Reliance Power.

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.

Rediff Chat: The man who exposed the 2G scam

Rediff Chat: The man who exposed the 2G scam

Rediff.com6 Jun 2013

Did former CAG Vinod Rai exceed his brief? Was he, as some in the government alleged, planning a post-retirement life in politics (which he had refuted many times)? Or did he strengthen the agency's constitutional mandate by refusing to toe the government line and maintaining a fierce independent streak?

PwC caught in USL-Mallya crossfire

PwC caught in USL-Mallya crossfire

Rediff.com28 Apr 2015

The agency did not seek a reappointment in FY12.

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.

Satyam case: All accused asked to appear in court on Oct 27

Satyam case: All accused asked to appear in court on Oct 27

Rediff.com15 Sep 2014

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

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.

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.

CAG pulls up DRDO for irregularities in new projects

CAG pulls up DRDO for irregularities in new projects

Rediff.com29 Nov 2012

The Comptroller and Auditor General has pulled up the Defence Research Development Organisation pointing out "deficiencies" and "procedural irregularities" committed by it in taking up new projects and splitting sanctions for them to bring it within financial powers of the organisation head.

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.

Govt, oppn spar over CAG's remarks at Harvard

Govt, oppn spar over CAG's remarks at Harvard

Rediff.com8 Feb 2013

The fresh remarks made by Comptroller and Auditor General Vinod Rai against the UPA dispensation Friday triggered a war of words, with the government attacking him and the opposition throwing its weight behind him.

Parliament's winter session from Nov 22 to Dec 20

Parliament's winter session from Nov 22 to Dec 20

Rediff.com2 Nov 2012

The winter session of the Parliament will begin on November 22, it was officially announced on Friday.

SA cricket franchises earn profits for first time in 25 years

SA cricket franchises earn profits for first time in 25 years

Rediff.com1 Sep 2016

Cricket South Africa's (CSA) franchises have experienced profits for the first time since the country was reinstated into international cricket in 1991. CSA President Chris Nenzani attributed this achievement to heightened corporate governance and diligent operational processes at its affiliates. "Congratulations to all concerned with these outstanding results," Nenzani said.

Independent directors feel the heat as frauds take centre stage

Independent directors feel the heat as frauds take centre stage

Rediff.com16 Jun 2018

More than 1,000 independent directors have quit since January 2017; more could be on their way out

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.

Companies Bill: Still not a finished product

Companies Bill: Still not a finished product

Rediff.com21 Dec 2012

There are inconsistencies and doubtful provisions in Companies Bill.

No irregularities in farm debt waiver scheme: Pawar

No irregularities in farm debt waiver scheme: Pawar

Rediff.com6 Mar 2013

No irregularities in farm debt waiver scheme: Pawar

RIL delaying audit, says CAG, Moily defends

RIL delaying audit, says CAG, Moily defends

Rediff.com19 Jul 2013

With CAG alleging that Mukesh Ambani-run Reliance Industries was delaying furnishing of records for audit, Oil Minister M Veerappa Moily on Friday said there was no problem and "everybody" was cooperating.

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

Rediff.com14 Dec 2018

Gandhi claimed that if a JPC probe was conducted, names of PM Modi and businessman Anil Ambani will come to the fore.

Former Deputy CAG to look after DDCA tenders for 4th Test

Former Deputy CAG to look after DDCA tenders for 4th Test

Rediff.com21 Nov 2015

The Delhi High Court-appointed observer Justice (Retd) Mukul Mudgal said that a former Deputy Comptroller and Auditor General (CAG) will look after the tender process for the fourth cricket Test between India and South Africa starting next month.

Why CAG appointment procedure needs to be changed

Why CAG appointment procedure needs to be changed

Rediff.com8 May 2013

Currently, the appointment is at he discretion of the Prime Minister. It needs to be more transparent and non-partisan.

The more the better, says Vinod Rai on multiple CAGs

The more the better, says Vinod Rai on multiple CAGs

Rediff.com4 May 2013

Comptroller and Auditor General Vinod Rai on Saturday said that he did not foresee any dilution in the powers of CAG if the organisation is converted into a multi-member body.

SC admits plea on making IB, RAW accountable to Parliament

SC admits plea on making IB, RAW accountable to Parliament

Rediff.com11 Feb 2013

A bench headed by Chief Justice Altamas Kabir sought response from the Centre and the three intelligence wings for bringing the agencies under the oversight of Parliament and the Comptroller and Auditor General.

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".

Doklam standoff: Forces prepared to face any eventuality, says Jaitley

Doklam standoff: Forces prepared to face any eventuality, says Jaitley

Rediff.com21 Aug 2017

Jaitley assured the Lok Sabha amid the ongoing standoff between Indian and Chinese military in the Doklam area.

GoAir joins the profit league

GoAir joins the profit league

Rediff.com11 Nov 2013

Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified

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.

Delhi assembly PAC looks into CAG report on CWG

Delhi assembly PAC looks into CAG report on CWG

Rediff.com1 Nov 2012

The Public Accounts Committee of Delhi assembly has started examining the Comptroller and Auditor General's report on the Commonwealth Games, which had indicted Chief Minister Sheila Dikshit and her government for alleged irregularities in the implementation of various projects. In its first meeting on Tuesday, a number of senior officials from the public works department deposed before the nine-member PAC headed by senior Congress member Prahlad Singh Sawhney.

How Mallya plans to settle Kingfisher dues

How Mallya plans to settle Kingfisher dues

Rediff.com25 Nov 2015

In 2012, Diageo signed a deal to buy stake in USL.

Another PIL in SC challenging CAG's appointment

Another PIL in SC challenging CAG's appointment

Rediff.com3 Jun 2013

A fresh public interest litigation was Monday filed in the Supreme Court claiming that the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India was arbitrary and made without any transparency.