The electricity board lost Rs 1,111.35 crore owing to irregularities.
The faculty of the Indian Institutes of Technology may be the most sought by the industry for consultancy work, but instead of getting paid for the job, they sometimes end up spending from their own pockets.
Comptroller and Auditor General found that they have been given wrong benefit of income deduction.
Cricket stars Sachin Tendulkar and Sunil Gavaskar have come under the scanner of Comptroller and Auditor General who has found that they have been given wrong benefit of income deduction as sportsmen.
The examination was scheduled to start at 1400 IST at 50 centres all over the country.
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
Finance Minister P Chidambaram on Wednesday promised to take steps to address "some of the discomforting aspects" relating to the divestment of the Centaur Hotel in Mumbai
The South Asia Tribune said, 'In the midst of the free flow of dollars before the 9/11 attacks, any one and everyone could have used these funds, including the infamous Al-Qaeda...'
RIL, Videocon A/c mistakes cause over Rs 500 cr tax loss: CAG.
Faulty laws helped oil majors IOC, HPCL and BPCL -- to avoid excise payment of Rs 713 crore (Rs 7.13 billion) to the government during April-December 2002, the Comptroller and Auditor General of India has said.
The Delhi High Court-appointed observer Justice (Retd) Mukul Mudgal said that a former Deputy Comptroller and Auditor General (CAG) will look after the tender process for the fourth cricket Test between India and South Africa starting next month.
The Shunglu committee, which went into the financial needs of the Indian Institutes of Management, is understood to have backed the drastic fee reduction mooted by Human Resources Development Minister Murli Manohar Joshi.
Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".
Virtually conceding the demands of the Left, the government has ordered a CBI probe into the privatisation of two Centaur Hotels in Mumbai in view of the anomalies pointed out by the Comptroller and Auditor General of India in the process.
Comptroller and Auditor General of India V N Kaul said on Monday that there was a need to review government accounting system for bringing in transparency
The defence minister said it could not be given to the Public Accounts Committee.
The Comptroller and Auditor General has pulled up leading public sector undertakings for glaring lapses in balance sheets, saying assets were overstated by Rs 377.43 crore (Rs 3.77 billion) in four Navratna companies including SAIL.
He also launched a strident attack on Prime Minister Narendra Modi, saying he was 'globe-trotting', afraid of facing questions over the Manipur violence.
You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.
The Comptroller and Auditor General said on Thursday that inventory assets of public sector undertakings had become a "vulnerable" area for divestment as these were not complete and not verified systematically.\n\n\n\n
Byju Raveendran, CEO and founder of the eponymous edtech giant, has told shareholders that the company will set up a board advisory committee (BAC). This was part of a discussion on July 4 with shareholders at an emergency general meeting (EGM). Raveendran also said that in the next EGM in three weeks will give details about BAC's members and composition.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
'Elections in Madhya Pradesh have so far largely avoided freebies.' 'But this time both the Congress and BJP are making such announcements.'
The court is hearing a PIL which charges that the country suffered a loss of Rs 2,000 crore because norms and procedures were not followed in procurement of arms and ammunitions.
Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.
Yashvardhan Kumar Sinha was appointed as the chief information commissioner on Saturday, according to a Rashtrapati Bhavan statement.
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
The All India Muslim Majlis-e Mushawarat, the umbrella body of Muslim organisations in the country, on Friday took serious note of Congress Vice President Rahul Gandhi's claim that an intelligence officer had told him that 'people from Pakistan were talking to the relatives of Muslims killed in the August 2013 Muzaffarnagar riots.
The veteran politician accused the BJP of breaking duly elected governments in opposition-ruled states even as it boasted about providing a stable government at the Centre.
The auditor also raised doubts over the safety procedures.
Nirupam had filed a defamation case against Rai after the former CAG in his book in 2014 made the allegation against him and repeated it in interviews to the media.
A whopping 29 per cent growth in the Centre's fiscal deficit to Rs 1,55,833 crore (Rs 1558.33 billion) or 6.8 per cent of GDP in 2001-02 has made the Comptroller and Auditor General sceptical of the long term target of two per cent by 2006.
