News for 'Audit Committee'

FIFA agrees to publish Garcia report in appropriate form

FIFA agrees to publish Garcia report in "appropriate form"

Rediff.com19 Dec 2014

FIFA's executive committee has voted to allow publication of former ethics investigator Michael Garcia's investigation into the bidding process for the 2018/2022 World Cups, president Sepp Blatter said in a statement on Friday.

Metros fail in urban governance, small cities fare better

Metros fail in urban governance, small cities fare better

Rediff.com1 Mar 2017

Finding is part of a survey conducted by Janaagraha Centre for citizenship and democracy

No photos of politicians except for PM to appear in govt ads: SC

No photos of politicians except for PM to appear in govt ads: SC

Rediff.com13 May 2015

The Supreme Court on Wednesday issued a slew of guidelines on regulation of public advertisements.

Stock exchanges will face penalties for tech glitches: Sebi

Stock exchanges will face penalties for tech glitches: Sebi

Rediff.com5 Jul 2021

Stock exchanges and other market infrastructure institutions as well as their top officials are liable to face penalties for lapses in handling and recitfying technical glitches, with Sebi putting in a place a stricter compliance system driven by "financial disincentives". The markets watchdog has come out with a detailed Standard Operating Procedure (SOP) for Market Infrastructure Institutions (MIIs) less than five months after a technical glitch halted trading at the country's largest bourse NSE for nearly four hours. There will be a "financial disincentives" structure for MIIs -- stock exchanges, clearing corporation and depositories -- for any business disruption beyond pre-defined time, according to a circular issued on Monday.

Do ethical companies perform better?

Do ethical companies perform better?

Rediff.com7 Oct 2017

'If you wish to expand your business in a competitive global environment, you have no option but to be ethical.'

India Inc may get a new governance code soon

India Inc may get a new governance code soon

Rediff.com6 Oct 2017

Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".

Ten years on, ICAI probe into GTB auditors' role still not complete

Ten years on, ICAI probe into GTB auditors' role still not complete

Rediff.com29 Jun 2015

Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.

Experts welcome WHO's decision to resume HCQ clinical trial

Experts welcome WHO's decision to resume HCQ clinical trial

Rediff.com4 Jun 2020

The global heath body had earlier suspended the hydroxychloroquine arm of the clinical trials of experimental COVID-19 drugs over safety concerns.

Sebi to crack down on 'mule accounts'

Sebi to crack down on 'mule accounts'

Rediff.com24 Oct 2018

The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.

Banks can't insist on FDs for lockers

Banks can't insist on FDs for lockers

Rediff.com6 Dec 2006

The Reserve Bank of India has asked banks to refrain forthwith from the restrictive practice of linking locker facility provision to placement of fixed or other deposits.

'What expertise does DBS have to run an Indian bank?'

'What expertise does DBS have to run an Indian bank?'

Rediff.com3 Dec 2020

'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'

What's wrong with Modi's Central Vista project

What's wrong with Modi's Central Vista project

Rediff.com7 Dec 2020

'If you are doing something to our national democratic space which involves serious amounts of land, the public should have been consulted.'

Sanjay Nirupam demands reduction in power tariff in Mumbai

Sanjay Nirupam demands reduction in power tariff in Mumbai

Rediff.com1 Jan 2014

Taking a cue from the Delhi government's decision of a 50 per cent cut in power tariff, All India Congress Committee secretary and Member of Parliament Sanjay Nirupam on Wednesday demanded that the Maharashtra government should reduce the tariff for power consumption of less than 500 units per month in the city.

FIFA approves reform package, shelves World Cup expansion

FIFA approves reform package, shelves World Cup expansion

Rediff.com4 Dec 2015

FIFA's executive committee approved a package of planned reforms on Thursday aimed at cleaning up soccer's scandal-plagued world governing body, proposing integrity checks and term limits for senior officials and a new separation of policy and management positions.

BCCI incorporates strict guidelines for IPL Opening Ceremony

BCCI incorporates strict guidelines for IPL Opening Ceremony

Rediff.com16 Feb 2017

The Indian Cricket Board has incorporated strict guidelines in their 19-page 'Request For Proposals' (RFP) from interested companies.

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.

Banks and ARCs: Time to break the cosy relationship

Banks and ARCs: Time to break the cosy relationship

Rediff.com31 May 2021

Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.

Cong writes to Zuckerberg over alleged 'bias'; demands probe

Cong writes to Zuckerberg over alleged 'bias'; demands probe

Rediff.com18 Aug 2020

'If the platform is public, then every Indian regardless of his ideology and commitment has got the right to convey his view'

Cambridge Analytica suspends CEO; Zukerberg asked to testify

Cambridge Analytica suspends CEO; Zukerberg asked to testify

Rediff.com21 Mar 2018

Alexandr Kogan, the Cambridge University researcher who developed the app used by Cambridge Analytica, claimed he has been made a scapegoat.

Appointment of 8 public bank CMDs by Nov-end

Appointment of 8 public bank CMDs by Nov-end

Rediff.com1 Nov 2014

After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.

Delhi polls: Here's what BJP manifesto promises

Delhi polls: Here's what BJP manifesto promises

Rediff.com31 Jan 2020

Delhi BJP chief Tiwari said each poor family will be provided good quality, subsidised 'atta' (wheat flour) at a rate of Rs 2 per kilogram. The BJP will bring an ambitious 'Samridh Delhi Infrastructure Scheme', with a provision of Rs 10,000 crore, to ensure "focussed and priority" development of roads, flyovers, foot over-bridges and other key infrastructure projects, the manifesto stated. The manifesto promises to set up a 'Colonies Development Board' for undertaking development of various civic amenities.

What to expect on the tax front in 2019

What to expect on the tax front in 2019

Rediff.com15 Jan 2019

India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Rediff.com7 Jun 2019

'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'

New Companies Act empowers minority shareholders to block deals

New Companies Act empowers minority shareholders to block deals

Rediff.com14 Apr 2014

The new provisions strengthen the hands of minority shareholders and will improve corporate governance.

Lodha panel moves SC to appoint G K Pillai as BCCI observer

Lodha panel moves SC to appoint G K Pillai as BCCI observer

Rediff.com21 Nov 2016

The apex court-appointed Justice Rajendra Mal Lodha committee moved the Supreme Court seeking a direction to appoint former home secretary G K Pillai as an observer to guide' the Board of Control for Cricket in India in the administrative works including award of contracts, transparency norms and holding of future domestic, international and Indian Premier League matches.

Sebi plans new outsourcing policy for exchanges, key entities

Sebi plans new outsourcing policy for exchanges, key entities

Rediff.com2 Jul 2015

There is a need for further focus and strengthening of guidelines.

Tata Capital rebuts Mistry, says loan to Siva followed due process

Tata Capital rebuts Mistry, says loan to Siva followed due process

Rediff.com28 Oct 2016

The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed

Trump campaign says election far from over; Biden moves forward with his plans

Trump campaign says election far from over; Biden moves forward with his plans

Rediff.com10 Nov 2020

Outgoing US President Donald Trump has declined to concede the closely-fought November 3 presidential race to Democrat Biden and is mounting legal fights in several key battleground states, but there has been no evidence of voter irregularities or widespread fraud in the election -- billed as one of the most divisive and bitter in recent American history.

FIFA to publish Garcia report in 'appropriate form'

FIFA to publish Garcia report in 'appropriate form'

Rediff.com20 Dec 2014

FIFA's executive committee has unanimously agreed to publish an 'appropriate' version of a report into the bidding process for the 2018/2022 World Cups but said Russia and Qatar would still stage the tournaments.

Supreme court restores Sethi as PCB head

Supreme court restores Sethi as PCB head

Rediff.com21 May 2014

The Supreme Court on Wednesday restored Najam Sethi as chairman of the Pakistan Cricket Board just four days after the Islamabad high court reinstated his predecessor, Zaka Ashraf, as head of the organisation.

Several Akhilesh projects under Yogi scanner

Several Akhilesh projects under Yogi scanner

Rediff.com3 Aug 2017

The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.

CA panel tastes blood, wants more

CA panel tastes blood, wants more

Rediff.com23 Oct 2003

19 UTI investments under probe

19 UTI investments under probe

Rediff.com23 Jul 2003

An open letter to the RBI governor

An open letter to the RBI governor

Rediff.com11 Jan 2019

Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.

PM's principal secy Nripendra Misra to step down

PM's principal secy Nripendra Misra to step down

Rediff.com31 Aug 2019

Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.

Huawei denies hacking BSNL network

Huawei denies hacking BSNL network

Rediff.com6 Feb 2014

There were reports of a mobile tower being impacted a few months ago in coastal area of Andhra Pradesh that was attributed to hacking by the company's engineers.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Reforms will not pull you back: Supreme Court tells BCCI

Reforms will not pull you back: Supreme Court tells BCCI

Rediff.com11 May 2016

Reforms in the Board of Control for Cricket in India will not pull the cash-rich body back, the Supreme Court said on Tuesday and made it clear that it does not intend to reduce the popularity of the BCCI or hinder its growth but wants structural reforms which would make the cricket body more transparent.