Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.
Polling and police officers travel in a boat with election materials to reach to a remote polling station ahead of the first phase of India's general election in the Majuli district, Assam, April 18, 2024.
Chokshi and Chokshi, which was given December-end deadline to complete the audit of e-series contracts at NSEL, had sought extension to finish the work.
According to reports, CAG has sought details from the department of telecommunication on the total available spectrum in the country and how much has been allocated to private telecom operators from 2000 onward and at what value.
The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.
38 auditors resigned in 2022-23, compared with 46 the previous year.
'There are many smaller parties, which in the age of ballot paper, might not have come into existence'
About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.
'Laapataa Ladies opened a lot of doors for me.' 'I have gotten so much love from audiences and seniors in the industry that it's overwhelming.' 'I get calls from superstars. I'm holding my heart and it's like, "Oh my God, they are calling me? I am their fan and they love my work!"'
'At the age of 25, there are still no work offers coming your way, so how do you move ahead in life?'
The Comptroller and Auditor General, which had at the end of its first sitting with RIL in January suspended the audit of spending on the flagging KG-D6 block following differences with RIL over scope and extent of the scrutiny, is likely to resume it next two weeks.
The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.
A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations.
Government sources said Modi will also chair meetings to review the aftermath of the Cyclone Remal, especially in the north east region hit by natural disasters.
Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator's scrutiny. Top industry officials said this is a follow-through on the Reserve Bank of India's (RBI's) circular of April 29, 2022, which asked NBFCs in the "middle" and "upper" layer of its four-tiered scale-based regulatory (SBR) framework to put in place a board-approved compensation policy.
96 per cent is being collected through TDS, advance tax, self-assessment tax, and other receipts.
The DGCA probe detected serious issues related to safety oversight.
Delhi International Airport Ltd (DIAL), which constructed and operates Delhi airport, "over-engineered" the new Terminal-3 by building more floor space than stipulated under the master plan, says a cost audit report submitted to the Airports Economic Regulatory Authority (AERA).
The Election Commission (EC) on Thursday said it has resolved the issue of some Electronic Voting Machines (EVM) showing an extra vote during a mock poll in the north Kerala district of Kasargod.
An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."
"Canara Bank is the lead banker of lenders' consortium to DCH and the bank is conducting forensic audit of DCH," Financial Services Secretary D K Mittal told reporters.
Sports Minister Roshan Ranasinghe on Sunday slammed Sri Lanka Cricket for bidding for a ban from the ICC, calling it a "big betrayal of the country".
Meet Bollywood's finest casting director Mukesh Chhabra.
'Coming out of a burning building with a machine gun in your hand, that is badass because you don't get to do that in real life.'
A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order imposing restrictions on the company's financing business and asserted that there was "no material deficiencies" in its loan sanctioning process. The Reserve Bank on Tuesday imposed restrictions on JM Financial Products Ltd after it found the company indulged in various manipulations, including repeatedly helping a group of its customers to bid for various IPOs (initial public offerings) by using loaned funds. "After careful and detailed review of the order issued by the RBI on the action against JM Financial Products Ltd, we strongly believe that there have been no material deficiencies in our loan sanctioning process.
The hunt for the 'New Faces Going Places -- Ramp Scorchers' took place in New Delhi as aspiring models auditioned for the upcomingWills Lifestyle India Fashion Week.
On June 19, over 100 young models registered to audition for Lakme Fashion Week's Winter/Festive 2012 instalment to be held later this year. Here, they discuss how they manage to stay in top form and what it really takes to impress a tough judging panel in a matter of seconds.
The government on Thursday said it has asked state-owned telecom firm BSNL to conduct security audit of its network amid security concerns raised over equipment supplied by Chinese vendor Huawei, Parliament was informed.
Nine months have passed since the country's largest financial scandal hit Satyam Computers, after its promoter Ramalinga Raju confessed to a fraud that its auditors had failed to detect.
'The focus of the legislation will be to minimise user harm and increase the accountability of platforms, while also promoting innovation.'
The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others.
More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, calling the voting done in the absence of founders as "invalid". Prosus - one of the six investors who had called the extraordinary general meeting (EGM) - in a statement said "shareholders unanimously passed all resolutions put forward for vote.
Reliance Industries has written to the government that it has no objection to the Comptroller and Auditor General of India auditing its gas field costs and said it is operating the field in compliance with rules.
Responding to a query about corruption in the scheme's implementation, Minister of State for Rural Development Upendra Kushwaha said almost all members know about it and added that steps are being taken for improving the scheme.
The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India's largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute's planes in the past six months. The DGCA announced it would conduct an audit of the academy's maintenance practices and also proficiency checks of the institute's flight instructors before allowing it to resume operations.
Most IT companies today have multiple delivery centres, physically verifying documents is arduous and difficult to determine where the actual billing is done
Usman Khawaja will have an opportunity to audition for Ricky Ponting's spot in the Test team after the left-hander was named captain of the Australia Chairman's XI to take on Sri Lanka in Canberra next week.
Airtel has introduced audition for the popular interactive TV programme 'Indian Idol' on its mobile service, where an aspirant singer has to call a number to sing a song and participate in the competition.
In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.
