News for 'Global Compliance'

How RBI's tough rules impact audit companies

How RBI's tough rules impact audit companies

Rediff.com2 Jun 2021

The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.

Why aren't Indian cars as safe as foreign ones?

Why aren't Indian cars as safe as foreign ones?

Rediff.com15 Nov 2020

India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.

Has Online Education CHANGED Your Kids?

Has Online Education CHANGED Your Kids?

Rediff.com18 Apr 2022

An astrologer told Ramesh Menon that he was increasingly having worried parents asking him about the future of their children who were showing serious behavioural changes like lack of tolerance towards others, shunning social interaction, and even violent behaviour. They were worried because they had never ever seen such traits in their children before the pandemic.

E-com firms want govt to 'tweak' existing export policies

E-com firms want govt to 'tweak' existing export policies

Rediff.com9 Mar 2021

E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.

'China has no regard for boundaries'

'China has no regard for boundaries'

Rediff.com4 Jan 2022

'Putting tanks on the Ladakh border is not enough to combat China, what is needed to ensure resilience against any cyber-attacks or attacks in outer space or China flexing its economic muscle, as it did with Australia.'

Explained: What the Brazil-Covaxin row is about

Explained: What the Brazil-Covaxin row is about

Rediff.com9 Jul 2021

Three entities are at the centre of this controversy: The Brazilian government, Bharat Biotech and a Singapore-based company called Madison Biotech.

NSE Rot Goes Deeper

NSE Rot Goes Deeper

Rediff.com11 Mar 2022

The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.

India to join top global league with proposed black money law

India to join top global league with proposed black money law

Rediff.com1 Mar 2015

Filing with inadequate disclosure of assets will be liable for prosecution

All you want to know about social bourses

All you want to know about social bourses

Rediff.com22 Jul 2019

A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.

Plastic ban: Airlines switch to eco-friendly cutlery, bottles

Plastic ban: Airlines switch to eco-friendly cutlery, bottles

Rediff.com27 Jun 2018

The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.

Israeli firm wants to build guns for India

Israeli firm wants to build guns for India

Rediff.com18 Dec 2020

Will the low cost Israeli Athos gun scuttle India's ATAGS gun?

Door Looks SHUT For Corporate Run Banks

Door Looks SHUT For Corporate Run Banks

Rediff.com29 Sep 2021

It may be a 'no-go' for banking licences to large industrial houses.

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Fearing FATF heat, Pak to upgrade group of banned outfits to 'high risk'

Rediff.com9 Mar 2019

The proscribed organisations will be examined under heightened security checks at all layers of legal, administrative, investigative and financial regimes, the Dawn newspaper reported.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

Why Russia cannot compete at 2022 World Cup under own flag

Why Russia cannot compete at 2022 World Cup under own flag

Rediff.com10 Dec 2019

The World Anti-Doping Agency banned Russia from the world's top sporting events for four years, a period that includes the next summer and winter Olympics and the 2022 World Cup in Qatar, for tampering with doping-related laboratory data. The sanctions against Russia, the host of last year's soccer World Cup, also bar it from hosting major sporting events for a four-year period or applying to host new events in that period.

Big leap for Sun Pharma, Sunshine for Ranbaxy

Big leap for Sun Pharma, Sunshine for Ranbaxy

Rediff.com8 Apr 2014

Ranbaxy's troubled plants in India could see a turnaround as Sun Pharma has experience in doing so.

Why have 3,400 brokers shut shop?

Why have 3,400 brokers shut shop?

Rediff.com27 Nov 2018

'The years after the financial crisis of 2008 were tough for brokers as volumes dwindled and retail investors stayed away.'

'Reversal of IPO frenzy is taking longer than in the past'

'Reversal of IPO frenzy is taking longer than in the past'

Rediff.com9 Apr 2021

'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'

As Fatca comes closer, 5 million folios risk closure

As Fatca comes closer, 5 million folios risk closure

Rediff.com21 Jul 2016

Fatca aims to track all US residents with non-US accounts and US citizens, too.

Why Facebook and Google are under I-T scanner

Why Facebook and Google are under I-T scanner

Rediff.com17 Jul 2019

Taxmen have come across instances where global firms - charged a withholding tax of 6 per cent - are underreporting the exact income they earned from an Indian user.

Lockdown a bitter pill for Brand Cadbury

Lockdown a bitter pill for Brand Cadbury

Rediff.com30 Apr 2020

Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.

Reliance enters elite oil majors' club

Reliance enters elite oil majors' club

Rediff.com20 Nov 2019

The market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark, surpassing British energy major BP Plc.

Covaxin output scaled up to 500 million jabs a year: Bharat Biotech

Covaxin output scaled up to 500 million jabs a year: Bharat Biotech

Rediff.com17 May 2021

This apart, to further increase capacities, Bharat Biotech has partnered with Indian Immunologicals (IIL) to manufacture the drug substance for Covaxin. The technology transfer process is underway and IIL has the 'capabilities and expertise' to manufacture the inactivated viral vaccines at commercial scale.

Govt warns Twitter of strict action if it fails to curb hate messages

Govt warns Twitter of strict action if it fails to curb hate messages

Rediff.com12 Nov 2018

During the meeting, it was impressed upon Twitter representatives that they should improve their system of response to investigation-related legal requests.

61% of economic crimes committed by employees, says survey

61% of economic crimes committed by employees, says survey

Rediff.com16 Apr 2016

The top three industries in India susceptible to economic crimes are financial services, manufacturing and professional services

Why e-travel aggregators are jittery about Goa Tourist Act

Why e-travel aggregators are jittery about Goa Tourist Act

Rediff.com13 Mar 2019

An industry source said the Act would create high-entry barriers for new service providers and limit customer choice

India pulls out of women's World Team Squash Championship

India pulls out of women's World Team Squash Championship

Rediff.com3 Aug 2020

India pulled out of the Women's World Team Squash Championship scheduled to be held in Kuala Lumpur, Malaysia from December 15 to 20 due to "lack of preparation time" and "uncertainties" about travelling amid the COVID-19 pandemic.

India, US agree to build 6 nuclear power plants in India

India, US agree to build 6 nuclear power plants in India

Rediff.com14 Mar 2019

India and the US signed a historic agreement to cooperate in civil nuclear energy sector in October 2008.

War within IOA: IOC, FIH reject Mittal's charge of irregularity against Batra

War within IOA: IOC, FIH reject Mittal's charge of irregularity against Batra

Rediff.com12 Jun 2020

The International Olympic Committee (IOC), on Friday, cleared Narinder Batra of indulging in any wrongdoing during his election as the IOA president, rejecting the complaint of irregularity filed by the Indian body's vice-President Sudhanshu Mittal.

MG puts its bets on smaller cars for Indian market

MG puts its bets on smaller cars for Indian market

Rediff.com7 Sep 2021

The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.

How banking system changed post Nirav Modi scam

How banking system changed post Nirav Modi scam

Rediff.com26 Nov 2020

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'

Why e-tailers find it tough to mention 'country of origin' on goods

Why e-tailers find it tough to mention 'country of origin' on goods

Rediff.com28 Jul 2020

Experts say it is difficult to determine country of origin where most products are manufactured and sold, as part of a complex global value chain.

Terror financing watchdog decides to keep Pak in 'Grey' list

Terror financing watchdog decides to keep Pak in 'Grey' list

Rediff.com22 Jun 2019

The FATF continuing Pakistan in the 'Grey' list means its downgrading by IMF, World Bank, ADB, EU and also a reduction in risk rating by Moody's, S&P and Fitch.

Taxpayers told to verify ITRs for AYs 2015-16 to 2019-20 by Sep 30

Taxpayers told to verify ITRs for AYs 2015-16 to 2019-20 by Sep 30

Rediff.com13 Jul 2020

A taxpayer filing ITR electronically without digital signature has to verify it using either Aadhaar OTP, or logging into e-filing account through net banking, or by Electronic Verification Code or by sending a duly signed physical copy of ITR-V through post to CPC Bengaluru within 120 days of uploading the ITR.

Pak admits Dawood Ibrahim living in Karachi

Pak admits Dawood Ibrahim living in Karachi

Rediff.com23 Aug 2020

Dawood Ibrahim is wanted in India to face the law of the land for carrying out serial blasts in Mumbai in 1993 in which scores of people were killed and injured.

Tatas' tea plantation arm: Labour issues prompt audit

Tatas' tea plantation arm: Labour issues prompt audit

Rediff.com25 Jan 2013

Company says no dispute with labour union but would address any shortcoming if brought to its notice.

HDFC Bank's S Jagdishan: 'Not a P&L person'

HDFC Bank's S Jagdishan: 'Not a P&L person'

Rediff.com8 Jul 2021

'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.

Pak puts more curbs on Hafiz Saeed, Masood Azhar, Dawood Ibrahim

Pak puts more curbs on Hafiz Saeed, Masood Azhar, Dawood Ibrahim

Rediff.com22 Aug 2020

Seeking to wriggle out of the FATF's grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts, a media report said.

Indian drug makers face heat of US regulator's crackdown

Indian drug makers face heat of US regulator's crackdown

Rediff.com23 Jun 2013

Data also show that several other leading domestic pharma companies have recalled their products from the US

Indian cos wrestle with Europe's new data protection norms

Indian cos wrestle with Europe's new data protection norms

Rediff.com8 Mar 2018

Indian firms, which experts say stand to gain from the European Union's upcoming General Data Protection Regulation (GDPR), are struggling to understand the policies.