News for 'Auditor General of India'

Now, a historian, a retired auditor and a financial executive will run BCCI

Now, a historian, a retired auditor and a financial executive will run BCCI

Rediff.com30 Jan 2017

A historian, a retired auditor and a financial executive were among four people named by India's highest court on Monday to run the country's cricket board (BCCI).

Explosion of...: TMC minister defends attack on ED team

Explosion of...: TMC minister defends attack on ED team

Rediff.com9 Jan 2024

Three ED officers were injured and several of their vehicles vandalised, as hundreds of supporters of TMC leader Shajahan Sheikh attacked them on January 5, when the team went to conduct a raid at his house in Sandeshkhali in connection with alleged irregularities in the state's ration system.

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Women's football coach suspended for 'misconduct'; AIFF general sec resigns

Rediff.com30 Jun 2022

Head coach Thomas Dennerby was a witness to the 'incident' and it was he, who immediately informed the AIFF.

Kingfisher, auditors differ again

Kingfisher, auditors differ again

Rediff.com23 Nov 2011

In mid-September, the auditors had raised questions on Kingfisher Airlines' viability to run operations, based on the 2010-11 profit & loss statement.

'Maharashtra's Economy Is Going Sri Lanka's Way'

'Maharashtra's Economy Is Going Sri Lanka's Way'

Rediff.com5 Dec 2024

'Maharashtra is virtually in a debt trap.'

It Won't Be An Easy Term For The BJP

It Won't Be An Easy Term For The BJP

Rediff.com8 Feb 2025

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.

Girish Chandra Murmu assumes office as CAG

Girish Chandra Murmu assumes office as CAG

Rediff.com8 Aug 2020

Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.

Air India's Flight Safety Chief suspended for a month

Air India's Flight Safety Chief suspended for a month

Rediff.com21 Sep 2023

On July 25 and 26, the regulator's team carried out the surveillance of Air India in the areas of internal audit, accident prevention work and availability of required technical manpower.

Actively considering making CAG multi-member body: Govt

Actively considering making CAG multi-member body: Govt

Rediff.com11 Nov 2012

Battered by various Comptroller and Auditor General reports on alleged scams, government says it is "actively" considering a proposal to make the official auditor a multi-member body.

NGO Centre for Policy Research barred from receiving foreign funds

NGO Centre for Policy Research barred from receiving foreign funds

Rediff.com1 Mar 2023

The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.

Air India-Indian Airlines merger under CAG lens

Air India-Indian Airlines merger under CAG lens

Rediff.com28 Jun 2011

The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.

PNB scam: What role did the auditors play?

PNB scam: What role did the auditors play?

Rediff.com19 Feb 2018

While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm

Aadhaar data of 815m Indians in dark web, says cyber security firm

Aadhaar data of 815m Indians in dark web, says cyber security firm

Rediff.com31 Oct 2023

In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.

Now, CAG blasts ministry for Air India mess

Now, CAG blasts ministry for Air India mess

Rediff.com11 Jul 2011

The civil aviation ministry initiated and then made a mess of the merger of the erstwhile Indian Airlines with Air India, according to a Comptroller and Auditor General report.

Data will dictate history, says Modi

Data will dictate history, says Modi

Rediff.com16 Nov 2021

Prime Minister Narendra Modi on Tuesday said data is information and it will dictate history in the future as he exhorted for strong and scientific audits to make systems strong and transparent. Speaking at the Audit Diwas event of the Comptroller and Auditor General of India (CAG), he said in the past information was transmitted in form of stories.

HC relief for Yediyurappa in 2015 land denotification case

HC relief for Yediyurappa in 2015 land denotification case

Rediff.com7 Jun 2023

The case was registered against the veteran Bharatiya Janata Party leader by Lokayukta police in 2015 based on the report of the Comptroller and Auditor General of India.

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

Govt ignored warning on signal system fault, says Congress's Digvijaya

Govt ignored warning on signal system fault, says Congress's Digvijaya

Rediff.com6 Jun 2023

Congress leader Digvijaya Singh on Tuesday claimed a senior railway official had flagged a fault in the signal interlocking system in February and warned of the train accident risk but the problem was not rectified which led to the Balasore train crash.

Former J-K governor G C Murmu appointed new CAG

Former J-K governor G C Murmu appointed new CAG

Rediff.com7 Aug 2020

Earlier in the day, President Ram Nath Kovind accepted Murmu's resignation as the Lt Governor of Jammu and Kashmir.

India elected to IAAC

India elected to IAAC

Rediff.com3 Nov 2007

India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to improving the accountability of the UN Secretariat to the member states.

Why did the govt buy 111 planes for Air India, asks CAG

Why did the govt buy 111 planes for Air India, asks CAG

Rediff.com31 Jan 2011

The Comptroller and Auditor General (CAG) is understood to have questioned the government's reasoning to order 111 planes for Air India for almost Rs 50,000 crore (Rs 500 billion) in 2006.

The chinks in India's armour

The chinks in India's armour

Rediff.com12 Aug 2009

The CAG's 2008 audit report points out several irregularities in defence deals, ranging from procurement of arms to cost incurred for wasteful research and development.

CAG explains India's biggest scam to JPC

CAG explains India's biggest scam to JPC

Rediff.com30 May 2011

Comptroller and Auditor General Vinod Rai on Monday appeared before the Joint Parliamentary Committee, which is probing the 2G spectrum scam, to explain how the government auditor quantified the losses in the spectrum allocation at Rs 1.76 lakh crore. Rai was asked to brief the Committee, chaired by Congress leader P C Chacko, on the allocation and pricing of telecom licences and spectrum during 1998 to 2009.

Sacked Vineeth gets Sports Ministry backing

Sacked Vineeth gets Sports Ministry backing

Rediff.com20 May 2017

India national team and Bengaluru FC footballer, CK Vineeth was given the pink slip by Kerala Accountant General for lack of attendance

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

PNB fraud: How bank auditors failed to detect the scam

PNB fraud: How bank auditors failed to detect the scam

Rediff.com20 Feb 2018

The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions

The story of Air India's slow death

The story of Air India's slow death

Rediff.com15 Sep 2011

In popular perception, the villain of the piece is former civil aviation minister Praful Patel.

BJP seeks probe into Air India's aircraft buy

BJP seeks probe into Air India's aircraft buy

Rediff.com1 Jul 2009

Demanding an inquiry into the purchase of 111 new aircraft by national carrier Air India, the Bharatiya Janata Party (BJP) has said the proposal was the root cause of the airline's financial woes.

Lack of Delhi-based crew for Dreamliners cost Air India Rs 17 cr

Lack of Delhi-based crew for Dreamliners cost Air India Rs 17 cr

Rediff.com4 Aug 2014

It said Air India "accepted" that though the number of flights from Delhi "increased substantially.

What ails India's arms procurement policy

What ails India's arms procurement policy

Rediff.com15 Nov 2006

The defence ministry's new procurement policy is causing delays.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

US lenders say Byju's obligated to repay full $1.2 bn Term Loan B

Rediff.com15 Sep 2024

US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.

Air-India hid losses in 2009-10, says CAG

Air-India hid losses in 2009-10, says CAG

Rediff.com9 Feb 2011

According to an interim report of the government audit body, the loss should have been Rs 8,589.1 crore (Rs 85.89 billion), instead of Rs 5,551 crore (Rs 55.51 billion) as has been shown in the account books, sources said.

Not much spent on 'India Shining': BJP

Not much spent on 'India Shining': BJP

Rediff.com7 May 2005

The Bhartiya Janata Party on Saturday disputed the expenditure amount for the 'India Shining' media campaign.

CAG wants adequate powers

CAG wants adequate powers

Rediff.com15 Mar 2013

Defending the proactive approach of the CAG, Rai emphasised that the job of the public auditor was also to ensure that executive and the government are held financially accountable to legislature.

120 personalities write to President against legalising same sex marriage

120 personalities write to President against legalising same sex marriage

Rediff.com28 Apr 2023

More than 120 eminent citizens, including retired high court judges and former bureaucrats, have written to President Droupadi Murmu opposing what they called "highly objectionable attempts" to legalise same-sex marriages.

Safety Isn't A High Priority In India

Safety Isn't A High Priority In India

Rediff.com16 Jun 2023

Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

Can Sharmila Help Congress Win AP?

Can Sharmila Help Congress Win AP?

Rediff.com3 Feb 2024

If she cannot recast the party, bring together the factions opposed to her, and present herself as her brother's true challenger, there will be little left for her in politics, notes Aditi Phadnis.

DRDO Biggest Hindrance To Atmanirbharta In Defence

DRDO Biggest Hindrance To Atmanirbharta In Defence

Rediff.com26 Mar 2024

DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).