While more than 24 per cent of the Indian companies surveyed by consultant PricewaterhouseCoopers reported experiencing significant economic crimes over the last two years, very few of these firms felt such crimes impacted their share price.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
Professional services firm PricewaterhouseCoopers is close to arranging the first acquisition of a non-performing asset in India.\n\n\n\n
The West Indies skipper dislodged Australia's opening batsman Matthew Hayden.
Oracle India and Hewlett Packard India would jointly set up a e-governance Centre of Excellence in Gurgaon to support and provide a platform for e-governance applications in the country.
For Indian CEOs, the US, China and the UK are important markets.
According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.
Xiaomi easily broke their record from the same event last year.
However, Deloitte, the latter entity, says regulations don't mandate it to go beyond a basic examination of the books of accounts.
While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.
Under terms of the agreed deal, Ranbaxy shareholders will get 0.8 of a Sun Pharmaceutical share for each Ranbaxy share they own.
Food to be cooked in base kitchens instead of trains; private players to be involved
'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.
I-T department is investigating 20 listed companies suspected to have falsely claimed long-term capital gains tax exemption
Budapest ended its bid to host the 2024 Olympics on Wednesday, citing a lack of unity after a political movement opposing the move collected more than a quarter of a million signatures to force a referendum on the issue.
Deloitte, MCX's is learnt to have objected to PwC pointing out several irregularities in the exchange's expenditure, donations, etc, in its audit report.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
Many users did not know that their entitlement was not coming to their regular bank account but going to an account which they had not applied for.
The corporate big-wigs gathered in Davos, for the 44th World Economic Forum Annual Meeting said investors, corporate boards, business schools and accounting rules must change to de-emphasise short-term financial performance.
Amid chants of Buddhist scriptures, Nepal PM K P Sharma Oli on Monday offered prayers at an ancient temple in Kathmandu to mark the reconstruction of five heritage sites demolished by last year's deadly earthquake.
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
The single greatest empowerment to our economic growth as we continue to move towards three per cent or four per cent GDP growth will be the resources that we need to fill hi-tech jobs, advanced degrees, advanced analytics, science and research: Senator Thom Tillis.
The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.
For online fraud, approach cyber cell and file a complaint.
The economies of Australia and New Zealand benefited from A$1.1 billion ($843.59 million) in direct spending as a result of co-hosting the cricket World Cup earlier this year, according to a report released on Tuesday.
A data plan currently priced at Rs 100 should not cost more than Rs 34, if India has to make the Internet affordable for 80 per cent of its population.
About 22,300 NRIs across UAE participated in the survey which was conducted to understand the reason of buying property in India, preferred cities for investments, type of property, time frame, budget and finances planned. Indian cities are also in the top 25 real estate destinations in the Asia Pacific region for real estate investment destinations.
The company will now focus on value creation for shareholders in the defence and construction businesses.
China's biggest carmaker, which own brands like Maxus, MG, Roewe and Yuejin, plans to invest $1 billion in India manufacturing unit, reports Swaraj Baggonkar from Mumbai.
