News for 'Audit Committee'

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.

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.

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.

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.

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.

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.

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'

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.

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.

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.

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.

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.'

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.

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.

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

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.

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.

19 UTI investments under probe

19 UTI investments under probe

Rediff.com23 Jul 2003

AIIMS fire: Hospital functional, patients shifted back to wards

AIIMS fire: Hospital functional, patients shifted back to wards

Rediff.com18 Aug 2019

The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.

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.

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.

2nd ODI: Chance for Iyer to seal No 4 spot

2nd ODI: Chance for Iyer to seal No 4 spot

Rediff.com10 Aug 2019

The talented Shreyas Iyer will be auditioning for the vacant number four slot when India take on West Indies in Sunday's second ODI of the three-match series.

Government finalises policy to allow private investment in defence

Government finalises policy to allow private investment in defence

Rediff.com20 May 2017

Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.

Swiss authorities search FIFA HQ in corruption probe

Swiss authorities search FIFA HQ in corruption probe

Rediff.com3 Jun 2016

Swiss authorities have again searched the Zurich headquarters of FIFA and seized documents and electronic data in its corruption probe surrounding the global soccer body, the Swiss attorney general's office said on Friday.

80% FPIs get major relief from market regulator

80% FPIs get major relief from market regulator

Rediff.com31 Oct 2019

This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.

H-1B visa reform bill introduced in US Senate

H-1B visa reform bill introduced in US Senate

Rediff.com11 Nov 2015

H-1B visa reform bill introduced in US Senate

'Women can help solve FIFA's problems'

'Women can help solve FIFA's problems'

Rediff.com8 Mar 2016

Recently-elected FIFA president Gianni Infantino was told on Monday that 'women are part of the solution' to the problems that have plagued football's scandal-plagued world governing body.

RBI to unveil norms for early detection of stressed loans

RBI to unveil norms for early detection of stressed loans

Rediff.com16 Dec 2013

At least five state-run banks on central bank's radar for lax credit appraisal

Sebi bars NSE from accessing securities market for 6 months

Sebi bars NSE from accessing securities market for 6 months

Rediff.com30 Apr 2019

Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.

BCCI seeks redemption, aims to bring more transparency

BCCI seeks redemption, aims to bring more transparency

Rediff.com23 May 2016

Newly-elected Board of Control for Cricket in India secretary Ajay Shirke has said that the Board is keen on redeeming its image and bringing more transparency in its style of functioning.