News for 'International Financial Reporting Standards'

COVID-19: Let's prepare for a Second Wave

COVID-19: Let's prepare for a Second Wave

Rediff.com26 Apr 2020

As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob.

All fiscal deficits are not evil

All fiscal deficits are not evil

Rediff.com23 Jun 2016

There is a case for analysing the fiscal deficit, separately for expenditure and investment.

Sourav Ganguly's SIX challenges

Sourav Ganguly's SIX challenges

Rediff.com23 Oct 2019

Sourav Ganguly will have his hands full during his nine-month tenure

Modiji, 7 ideas for a new India

Modiji, 7 ideas for a new India

Rediff.com14 May 2020

'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.

Alas, Kochhar is NOT kosher

Alas, Kochhar is NOT kosher

Rediff.com11 Feb 2019

'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.

SpiceJet loses second senior executive in a row

SpiceJet loses second senior executive in a row

Rediff.com5 Mar 2014

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

'We at the RBI feel the anger, hurt and pain at banking frauds'

'We at the RBI feel the anger, hurt and pain at banking frauds'

Rediff.com19 Mar 2018

'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.

Age of killer start-ups bring Bharat & India closer

Age of killer start-ups bring Bharat & India closer

Rediff.com29 Dec 2015

India Inc was, perhaps, watching out for a repeat of the dot-com bubble burst of the early 2000s.

Here's why India may lose out on hosting Champions Trophy

Here's why India may lose out on hosting Champions Trophy

Rediff.com10 Feb 2018

India could lose out on hosting the 2021 Champions Trophy if the government doesn't allow tax exemption on the event.

Sports Shorts: Boston marathon winner to turn pro

Sports Shorts: Boston marathon winner to turn pro

Rediff.com19 Apr 2018

A summary of sports events and sports persons, who made news on Thursday

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Demonetisation: Double whammy for property developers

Demonetisation: Double whammy for property developers

Rediff.com30 Nov 2016

A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.

Defying US, European allies say they'll join China-led bank

Defying US, European allies say they'll join China-led bank

Rediff.com17 Mar 2015

The venture is seen as a rival to the World Bank.

Jet pilots threaten to stop flying from April 1

Jet pilots threaten to stop flying from April 1

Rediff.com19 Mar 2019

The pilots and other senior staff have not been getting their full salaries since December.

Here's what measures India will take if shooting is scrapped...

Here's what measures India will take if shooting is scrapped...

Rediff.com23 Dec 2017

Olympic Association is yet to get an official confirmation about shooting being scrapped from the programme of 2022 Commonwealth Games but said it will ask the organisers to reconsider its decision.

How 'briefcase' firms are robbing the govt of GST tax

How 'briefcase' firms are robbing the govt of GST tax

Rediff.com17 Jan 2019

A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.

India ranks low on inclusive growth, development: WEF

India ranks low on inclusive growth, development: WEF

Rediff.com7 Sep 2015

India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics.

Now, Russia to get a taste of Amul too!

Now, Russia to get a taste of Amul too!

Rediff.com25 Dec 2014

Amul will now export dairy products to Russia.

How IIT-Madras is helping start-ups survive

How IIT-Madras is helping start-ups survive

Rediff.com25 Jul 2018

The institute's incubation cell claims the start up mortality rate in the incubators are lowest.

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

How Anil Ambani can revive his group's fortune

How Anil Ambani can revive his group's fortune

Rediff.com2 May 2019

More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.

How the super rich stash money abroad

How the super rich stash money abroad

Rediff.com21 Nov 2017

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'

RIL pipped ONGC on transparency within two years

RIL pipped ONGC on transparency within two years

Rediff.com27 Nov 2014

A comparative analysis of the two companies' rankings on three parameters reveals why ONGC slipped in ranking

Greece defaults on IMF payment despite last-minute overtures to creditors

Greece defaults on IMF payment despite last-minute overtures to creditors

Rediff.com1 Jul 2015

11th-hour debt restructuring programme offered no concessions to creditors

After recent rejig at Wipro, all eyes on Rishad Premji

After recent rejig at Wipro, all eyes on Rishad Premji

Rediff.com30 Mar 2015

Rishad joined the company in June 2007.

Just how bad are the bad loans?

Just how bad are the bad loans?

Rediff.com10 May 2016

Not all NPAs are treated as wilful defaulters.

Has note ban boosted tax base? Answer is in the detail

Has note ban boosted tax base? Answer is in the detail

Rediff.com22 Jun 2017

On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward

Reebok fraud: SFIO lets off two top execs

Reebok fraud: SFIO lets off two top execs

Rediff.com11 Mar 2014

According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.

Clean Ganga project has a long way to go

Clean Ganga project has a long way to go

Rediff.com5 Jun 2021

'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'

In IPO papers Uber highlights competition from desi rivals in India

In IPO papers Uber highlights competition from desi rivals in India

Rediff.com13 Apr 2019

Uber's draft prospectus for the biggest IPO in the world since Alibaba's in 2014 has projected a major cash burn for Uber in trying to get a significant market share in India, reports Karan Choudhury.

India among top 10 FDI destinations in 2014

India among top 10 FDI destinations in 2014

Rediff.com25 Jun 2015

FDI inflows into India were $34 billion in 2014, up 22%.

Infy whistle-blower wants Sebi to act in Panaya, Bansal issues

Infy whistle-blower wants Sebi to act in Panaya, Bansal issues

Rediff.com10 Dec 2017

The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.

How banks can minimise losses from fraud

How banks can minimise losses from fraud

Rediff.com21 Mar 2018

25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'

GoAir joins the profit league

GoAir joins the profit league

Rediff.com11 Nov 2013

Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified

Turnaround plans spreading wings under new Air India chief

Turnaround plans spreading wings under new Air India chief

Rediff.com14 Sep 2015

Only nine of the airline's 370 daily flights were making profits.

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com5 Jul 2015

The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors

Does Indian tea have hazardous pesticides?

Does Indian tea have hazardous pesticides?

Rediff.com2 Jul 2015

The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.

BCCI must take over affairs of DDCA, make it transparent: Justice Mudgal

BCCI must take over affairs of DDCA, make it transparent: Justice Mudgal

Rediff.com11 Jul 2016

The Delhi High Court-appointed observer Justice Mukul Mudgal has given a scathing report on the Delhi and Districts Cricket Association's functioning during this year's Indian Premier League with strong observations against a few senior DDCA office-bearers.

It's mandatory recall policy or penalty for automakers soon

It's mandatory recall policy or penalty for automakers soon

Rediff.com2 Aug 2013

General Motors' Tavera recall prompts Union government to formulate a stricter policy.