News for 'Audit Committee'

'India wants a Jan Lokpal bill, not a yatra'

'India wants a Jan Lokpal bill, not a yatra'

Rediff.com10 Sep 2011

Activist Anna Hazare will soon write to Prime Minister Manmohan Singh, seeking his views on having an annual performance audit of the Members of Parliament.

Find out why the FIFA president is fuming...

Find out why the FIFA president is fuming...

Rediff.com5 Jun 2016

FIFA president blasts critics, says salary not decided.

CAG official says 2G scam loss only Rs 2,645 crore

CAG official says 2G scam loss only Rs 2,645 crore

Rediff.com14 Nov 2011

Former top CAG official R P Singh on Monday appeared before the Joint Parliamentary Committee looking into the 2G spectrum scam and is understood to have stuck to his stand that the presumptive loss in the radiowave allocation was only Rs 2,645 crore (Rs 26.45 billion).

'Mumbai is sitting on a firebomb'

'Mumbai is sitting on a firebomb'

Rediff.com14 Jun 2018

'In the last six years, there have been 29,140 fire incidents in Mumbai in which 300 people have died and 925 people have been injured.' 'So, at least 10 to 12 fire accidents take place in Mumbai every day.'

Gorakhpur tragedy: Inquiry blames oxygen supply firm, silent on cause of death

Gorakhpur tragedy: Inquiry blames oxygen supply firm, silent on cause of death

Rediff.com17 Aug 2017

However, chief medical officer Dr Ravindra Kumar, part of the panel, said that the deaths were not due to lack of oxygen.

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Mid-Day Meal is now PM POSHAN, to cover pre-primary students

Rediff.com30 Sep 2021

The Union cabinet on Wednesday approved the roll-out of the 'PM POSHAN in Schools' scheme that will provide hot cooked meal to students of elementary classes in government and government-aided schools across the country.

When it comes to CSR spending, one in three BSE 100 firms is a laggard

When it comes to CSR spending, one in three BSE 100 firms is a laggard

Rediff.com9 Mar 2018

Corporate affairs ministry sending notices seeking details of fund disbursal

Comments by Windies players inappropriate, disrespectful: ICC

Comments by Windies players inappropriate, disrespectful: ICC

Rediff.com25 Apr 2016

The International Cricket Council said that certain comments and actions by some of the West Indies players after clinching the World T20 were "inappropriate, disrespectful and brought the event into disrepute". After clinching the World T20 on April 4 following a thrilling last-over win over England in the finals, West Indies skipper Darren Sammy had launched a scathing attack on West Indies Cricket Board (WICB) in an emotional speech at the Eden Gardens in Kolkata. The ICC, which held its second meeting this year at the ICC Headquarters in Dubai on Sunday, said: "The Board considered the behaviour of some of the West Indies players in the immediate aftermath of the final, and unanimously agreed that certain comments and actions were inappropriate, disrespectful and brought the event into disrepute. "The Board acknowledged an apology by the WICB but was disappointed to note that such behaviour had detracted from the success of what was otherwise a magnificent tournament and final," it added.

CWG: Auditors fear bonfire of papers

CWG: Auditors fear bonfire of papers

Rediff.com22 Nov 2010

The day after the closing ceremony, the Prime Minister's Office had asked the OC to make sure all documents were kept safe.

Brokerages face Sebi fire in NSEL scam

Brokerages face Sebi fire in NSEL scam

Rediff.com7 Jun 2016

Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.

Railways dismisses reports of data leak from IRCTC website

Railways dismisses reports of data leak from IRCTC website

Rediff.com5 May 2016

There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, railway board member (Traffic) Mohd Jamshed told PTI.

Deloitte Haskins to probe BoR's accounts

Deloitte Haskins to probe BoR's accounts

Rediff.com8 Mar 2010

The Reserve Bank of India has ordered a special audit of private sector lender Bank of Rajasthan's accounts, suspecting violation of operational norms by the lender, including transparency in lending.

Panel to examine fiscal, debt situation likely

Panel to examine fiscal, debt situation likely

Rediff.com7 Feb 2020

The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.

How the Muzaffarpur sex scandal was unearthed

How the Muzaffarpur sex scandal was unearthed

Rediff.com2 Aug 2018

'Nobody in our team had any idea that these things will come out.' 'We need to do a social audit of all the shelter homes across the country.'

FIFA mess: Official charged with fraud, money-laundering

FIFA mess: Official charged with fraud, money-laundering

Rediff.com21 Nov 2014

A member of the financial watchdog committee at soccer's ruling body FIFA has been charged with fraud, money-laundering and breach of trust by police in the Cayman Islands.

Vice chiefs get free hand to boost security at terror targets

Vice chiefs get free hand to boost security at terror targets

Rediff.com28 Jul 2017

"In an unprecedented move, the ministry of defence (MoD) has decided to delegate substantial financial powers to the Armed Forces for undertaking works for perimeter security of sensitive military installations," the ministry said in a statement.

Nearly 100 tenders pending as BCCI top brass under fire

Nearly 100 tenders pending as BCCI top brass under fire

Rediff.com21 Nov 2016

With the Lodha Committee seeking direction from the Supreme Court on appointment of former Union Home Secretary GK Pillai as observer to "guide" BCCI, the top brass of the board are unaware as to how the process of awarding nearly 100 pending tenders will be carried out.

6 dead, 31 injured as foot overbridge collapses in Mumbai

6 dead, 31 injured as foot overbridge collapses in Mumbai

Rediff.com15 Mar 2019

Maharashtra CM said a high-level committee will probe the circumstances under which the 40-year-old overbridge collapsed.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

Foreign auditors under lens

Foreign auditors under lens

Rediff.com4 Jun 2003

CBI told to use director identification number in notices to bankers

CBI told to use director identification number in notices to bankers

Rediff.com29 Dec 2019

This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.

Why independent directors go for the escape hatch

Why independent directors go for the escape hatch

Rediff.com2 Dec 2018

'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'

SC refuses to entertain PIL challenging CAG appointment

SC refuses to entertain PIL challenging CAG appointment

Rediff.com15 Jul 2013

The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

IDBI Bank MD M K Jain appointed RBI Deputy Governor

IDBI Bank MD M K Jain appointed RBI Deputy Governor

Rediff.com4 Jun 2018

As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and the fourth one an economist to head the monetary policy department.

Satyam: Guilty CAs could be barred for life

Satyam: Guilty CAs could be barred for life

Rediff.com8 Jan 2009

In fact, the ministry of corporate affairs announced that role of directors and auditors at Satyam will be scanned by ICAI and the apex body of company secretaries.

ICAI to showcause two PwC auditors

ICAI to showcause two PwC auditors

Rediff.com9 Feb 2011

The Institute of Chartered Accountants of India (ICAI) is likely to take disciplinary action against two Pricewaterhouse Coopers (PwC) auditors who were involved in auditing the account books of erstwhile Satyam Computers.

How the Companies Act is likely to change

How the Companies Act is likely to change

Rediff.com19 Nov 2019

The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.

FIFA's Blatter is still being paid his salary despite ban

FIFA's Blatter is still being paid his salary despite ban

Rediff.com19 Jan 2016

FIFA's Sepp Blatter may have been banned for eight years from the game but he is still receiving his president's salary from world soccer's governing body, a spokesman for FIFA's Audit and Compliance Committee told Reuters on Monday.

M M Joshi reappointed PAC chairperson

M M Joshi reappointed PAC chairperson

Rediff.com1 May 2011

Joshi was again nominated by his party following which Lok Sabha Speaker Meira Kumar has reappointed him as chairman of PAC which is responsible for conducting the financial audit of various departments and ministries.

COVID-19: Why are so many young people dying?

COVID-19: Why are so many young people dying?

Rediff.com8 Jul 2020

'We started analysing young patients and realised that they had causes like undetected diabetes, which suddenly flares up during COVID-19.' 'Secondly, hypothyroidism was one of the factors.' 'And obesity.'

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

US House begins impeachment hearing against Trump

US House begins impeachment hearing against Trump

Rediff.com14 Nov 2019

'The Democrats have stacked the deck against President Trump and the Republicans. They have leaked out everything,' Trump said in a series of tweet.

European Union to review air safety in India in November

European Union to review air safety in India in November

Rediff.com27 Sep 2014

FAA had downgraded India's safety ranking from category-II from -I after an audit revealed deficiencies in regulatory oversight.

Defence chiefs advised to appear before PAC

Defence chiefs advised to appear before PAC

Rediff.com8 Jan 2011

The chiefs of Army, Navy and Air Force have been called on January 12 by the PAC for a hearing on the committee on Canteen Stores Department based on the audit report, which has pointed out irregularities in the supply chain management of rations in the Army.

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

CAG briefs PAC on 2G spectrum allocation report

CAG briefs PAC on 2G spectrum allocation report

Rediff.com27 Dec 2010

Comptroller and Auditor General Vinod Rai on Monday briefed the Public Accounts Committee about his report in the 2G spectrum allocation. His report on a presumptive loss of Rs 1.76 lakh crore in 2G spectrum allocation had created a storm in Parliament and outside. The PAC, headed by Bharatiya Janata Party veteran leader Murli Manohar Joshi, is examining the controversial allocation of 2G radio waves and Rai apprised the committee of how the audit looked into the whole issue.

Vinod Rai to be new CAG

Vinod Rai to be new CAG

Rediff.com17 Dec 2007

His appointment will be effective from the date he assumes charge of his office, an official statement said on Monday. An Indian Administrative Service officer of Kerala cadre, 1972 batch, Rai will take over from V N Kaul.

Nearly $1 mln in FIFA funds missing in Guatemala?

Nearly $1 mln in FIFA funds missing in Guatemala?

Rediff.com30 Jan 2016

Nearly $1 million in funds from soccer's global governing body FIFA may have gone missing from Guatemala's soccer federation last year, according to sources and an internal audit seen by Reuters.