News for 'Auditor General'

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.

Is Telangana Headed For Bankruptcy?

Is Telangana Headed For Bankruptcy?

Rediff.com11 Jul 2025

Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.

Microcap Investing: Play Small, Think Long

Microcap Investing: Play Small, Think Long

Rediff.com6 Sep 2025

'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'

DGCA flags 100 safety lapses at AI, including 7 critical breaches

DGCA flags 100 safety lapses at AI, including 7 critical breaches

Rediff.com30 Jul 2025

Of these, as many as seven are Level-1 violations, which are considered critical safety risks and require immediate corrective action by the air operator, they said.

SARC & Associates appointed as auditors of PM CARES Fund

SARC & Associates appointed as auditors of PM CARES Fund

Rediff.com13 Jun 2020

The firm, headed by Sunil Kumar Gupta, was appointed auditors of the PM's National Relief Fund in 2019, reports Archis Mohan

Find innovative methods to check frauds: PM to auditors

Find innovative methods to check frauds: PM to auditors

Rediff.com21 Nov 2019

Stressing the need to make evidence-based policy formulation an integral part of governance, the prime minister said auditors must resort to technical tools to iron out any chances of fraud in organisations and give a new identity to new India.

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Rediff.com11 Jun 2025

As the election nears, political positions on prohibition are shifting.

Atishi claims AAP MLAs barred from entering Delhi assembly

Atishi claims AAP MLAs barred from entering Delhi assembly

Rediff.com27 Feb 2025

With 'dafli' beats in the background, AAP leaders held placards with photos of Ambedkar and raised slogans against the ruling party -- "BJP sun le, Jai Bhim, Jai Bhim" ... "BJP ki tanashahi nahin chalegi (BJP's dictatorship won't work)".

'Judges Don't Descend From Mars Or The Moon'

'Judges Don't Descend From Mars Or The Moon'

Rediff.com21 Aug 2025

'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

Explained: Waqf And The New Waqf Bill

Explained: Waqf And The New Waqf Bill

Rediff.com4 Apr 2025

Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.

SC to examine PIL on Arunachal CM awarding contracts to kin

SC to examine PIL on Arunachal CM awarding contracts to kin

Rediff.com19 Mar 2025

The Supreme Court has agreed to examine a PIL alleging that Arunachal Pradesh Chief Minister Pema Khandu awarded government contracts to his family members. The court has asked the state government to provide details of the beneficiaries and inform if due process was followed. The bench also sought responses from union ministries of home affairs, finance and the Comptroller and Auditor General of India on the issue within five weeks.

ICAI red-flags auditor selection process at PSU banks

ICAI red-flags auditor selection process at PSU banks

Rediff.com5 Apr 2015

The current process for selecting auditors could compromise their "independence".

Gensol promoters likely to come under SFIO glare

Gensol promoters likely to come under SFIO glare

Rediff.com28 Apr 2025

The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.

Can Zohran Mamdani Be New York Mayor?

Can Zohran Mamdani Be New York Mayor?

Rediff.com25 Jun 2025

Zohram Kwame Mamdani would be the city's first Muslim and Indian American mayor if elected New York mayor this November.

Sanjay Raut calls Gadkari 'future leader of country'

Sanjay Raut calls Gadkari 'future leader of country'

Rediff.com29 Aug 2023

Raut was responding to a reporter's question about opposition parties' claim that Gadkari was targeted through the Comptroller and Auditor General (CAG) report on alleged irregularities in the work done by the National Highway Authority of India (NHAI).

Mira Nair's son Zohran wins Democratic primary for NYC mayor

Mira Nair's son Zohran wins Democratic primary for NYC mayor

Rediff.com25 Jun 2025

Indian-origin lawmaker Zohran Kwame Mamdani stunned in the Democratic primary race for New York City mayor, upsetting former governor Andrew Cuomo.

Trump, Melania Vote In Florida

Trump, Melania Vote In Florida

Rediff.com5 Nov 2024

Here are glimpse of Voting day in the USA.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

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).

Govt auditor pulls up Haryana for 'undue favours' to Robert Vadra

Govt auditor pulls up Haryana for 'undue favours' to Robert Vadra

Rediff.com26 Mar 2015

"Undue favours" to builders, including Robert Vadra's Skylight Hospitality, by the Haryana government during the Congress regime has come under attack from the Comptroller and Auditor General.

AAP, BJP Slug Fest Over Delhi Health Model

AAP, BJP Slug Fest Over Delhi Health Model

Rediff.com31 Oct 2024

AAP projects its affordable 'health model' as a success story. The BJP calls it a hoax.

Yamuna to pollution: Challenges await for new Delhi govt

Yamuna to pollution: Challenges await for new Delhi govt

Rediff.com20 Feb 2025

While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

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.

Reliance General Insurance gets Rs 922 crore GST notices from DGGI

Reliance General Insurance gets Rs 922 crore GST notices from DGGI

Rediff.com9 Oct 2023

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.

'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.'

7 Secrets That Can Make You A Crorepati

7 Secrets That Can Make You A Crorepati

Rediff.com7 Apr 2025

Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan

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.

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.

Now Modi govt gets it from CAG for Rs 16,707 cr scam

Now Modi govt gets it from CAG for Rs 16,707 cr scam

Rediff.com30 Mar 2012

The Comptroller and Auditor General's reports on the scams under the watch of the UPA government at the Centre are being celebrated by the BJP, but when the auditor indicts the government of its blue-eyed boy in Gujarat, the party is strangely silent. K Shah reports from Gandhinagar

Lodha quits as Birla Global auditor

Lodha quits as Birla Global auditor

Rediff.com3 Nov 2004

Chartered accountancy firm Lodha & Co has resigned as a statutory auditor for Birla Global Finance.

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

Govt's brazenness in decision making appalling: CAG

Govt's brazenness in decision making appalling: CAG

Rediff.com7 Nov 2012

Comptroller and Auditor General Vinod Rai, whose reports on irregularities in coal block allocations and 2G telecom spectrum had created a major political storm, deprecated the "brazenness" with which the decisions were being taken, calling it "appalling".

Did the CAG overstep the mark?

Did the CAG overstep the mark?

Rediff.com13 May 2013

The Comptroller and Auditor General reports saw senior politicians, powerful ministers and top bureaucrats end up in jail. Thanks to those reports, public scams such as 2G, Coalgate and the Commonwealth Games became part of the popular discourse.

Shunglu panel suggests changes in CAG, CVC

Shunglu panel suggests changes in CAG, CVC

Rediff.com30 Oct 2011

Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested changes in the functioning and structure of top audit and vigilance bodies like the Comptroller and Auditor General making it a three-member body.

Order CAG audit in Maharashtra Sadan construction: BJP

Order CAG audit in Maharashtra Sadan construction: BJP

Rediff.com24 Jul 2012

Bharatiya Janata Party leader Kirit Somaiya on Tuesday demanded a special Comptroller and Auditor General audit into the alleged irregularities related to the construction of Maharashtra Sadan building along with an inquiry into certain 'benami' companies, which he claimed, had been floated by two state ministers.