News for 'audit report'

'I Was Fated To Play Jinnah'

'I Was Fated To Play Jinnah'

Rediff.com25 Nov 2024

'I have no idea why I was so many film-makers' choice for Jinnah. I assume it is because I was born and bred in Mumbai and speak English.' 'There's also my name, people tend to believe that a Muslim character can best be played by a Muslim actor.'

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

'They See Me As A Villain'

'They See Me As A Villain'

Rediff.com12 Feb 2025

'I want to break the notion that models can't act.'

Maha polls: '1,440 VVPATs matched with EVM counts'

Maha polls: '1,440 VVPATs matched with EVM counts'

Rediff.com11 Dec 2024

'These machines are standalone devices with no external connectivity, making hacking impossible. The chip in EVMs is one-time programmable, ensuring no changes can be made. Strict security and administrative protocols further prevent any tampering'

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.

CAG audit of GST reveals systemic flaws, not just glitches

CAG audit of GST reveals systemic flaws, not just glitches

Rediff.com28 Aug 2019

The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.

Banks, FinTech Need IT Experts Urgently!

Banks, FinTech Need IT Experts Urgently!

Rediff.com14 Feb 2024

Senior bankers point out that while they will eventually attract qualified professionals, onboarding them takes time.

Panel says Big 4 auditing firms are not 'multinationals'

Panel says Big 4 auditing firms are not 'multinationals'

Rediff.com12 Nov 2018

'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.

Donations by Pakistani expats vanish: Report

Donations by Pakistani expats vanish: Report

Rediff.com15 Jan 2003

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...'

Rashmi Bansal: An Ode to Overwork

Rashmi Bansal: An Ode to Overwork

Rediff.com20 Sep 2024

The death of 26-year-old Anna Sebastian Perayil -- who worked on the audit and assurance team at EY Pune, due to 'overwork' her heartbroken mother noted in a letter to EY India chairman Rajiv Memani provoked best-selling author Rashmi Bansal to pen a poem on the perils of overwork in Corporate India.

Naresh Goyal used bank loan funds for personal expenses: ED

Naresh Goyal used bank loan funds for personal expenses: ED

Rediff.com2 Sep 2023

Dubious and personal expenses of Rs 1,000 crore were made from bank-loan funds for Jet Airways founder Naresh Goyal and his family members even as the airline "diverted" money to some tax havens, the Enforcement Directorate (ED) alleged on Saturday, after arresting the businessman in a money-laundering case. Goyal (74) was taken into custody late on Friday night after the central probe agency took him to its Mumbai office from Delhi. A special court set up to deal with cases lodged under the Prevention of Money Laundering Act (PMLA) on Saturday sent him to the ED's custody for 10 days, till September 11.

'Imagine! She had to audition for Badhaai Ho'

'Imagine! She had to audition for Badhaai Ho'

Rediff.com19 Jul 2021

'To hear this was heartbreaking.' 'Imagine a stalwart like Surekhaji having to audition like a newcomer!'

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

ED raids Shilpa Shetty's husband in porn films case

ED raids Shilpa Shetty's husband in porn films case

Rediff.com29 Nov 2024

The Enforcement Directorate (ED) on Friday raided the premises of businessman Raj Kundra, the husband of actor Shilpa Shetty, and some others as part of a money laundering case linked to alleged distribution of pornographic content. Around 15 locations in Mumbai and Uttar Pradesh are being searched. The probe pertains to the role of suspects in alleged distribution of pornographic content through mobile applications and other modes.

Everyone's worried, says HC, calls for report on Delhi's earthquake readiness

Everyone's worried, says HC, calls for report on Delhi's earthquake readiness

Rediff.com16 Feb 2023

Everyone is concerned about the safety of their lives, the Delhi high court observed on Thursday while hearing a plea related to earthquake preparedness in the national capital.

Defeated MVA candidates to seek EVM-VVPAT verification

Defeated MVA candidates to seek EVM-VVPAT verification

Rediff.com27 Nov 2024

Candidates from the Maha Vikas Aghadi (MVA) opposition alliance in Maharashtra have decided to seek verification of the EVM-Voter Verifiable Paper Audit Trails (VVPATs) units in their segments, following their defeat in the recent assembly polls. The move comes after several losing candidates, including those from the Shiv Sena (UBT), alleged that the Electronic Voting Machines (EVMs) might have been tampered with. The MVA, comprising the Shiv Sena (UBT), Congress, and NCP, lost to the Mahayuti coalition, which includes the Shiv Sena, BJP, and NCP. The MVA candidates are seeking verification based on a Supreme Court ruling that allows for checking the burnt memory/microcontroller in 5% of EVMs after the announcement of results.

'Girls Will Be Girls Is About Your First Crush'

'Girls Will Be Girls Is About Your First Crush'

Rediff.com7 Dec 2024

'The flutters of excitement of a high-school romance, and then how life changes.'

'Time For Sardar Actors To Play Leads'

'Time For Sardar Actors To Play Leads'

Rediff.com24 Jul 2024

'My mom used to tell me that I should accept films where they would not make fun of me or my religion.' 'It's a conscious decision to stay away from such films.'

ED grills Azharuddin for hours in money laundering case

ED grills Azharuddin for hours in money laundering case

Rediff.com8 Oct 2024

The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

'Ananya Gives It Her 100%'

'Ananya Gives It Her 100%'

Rediff.com10 Sep 2024

'In anything in life, privilege helps.' 'Privilege means access. Access means connections.' 'Does it help? Of course, it does. In whatever you do.'

RBI Flags Concern Over Illegal Accounts

RBI Flags Concern Over Illegal Accounts

Rediff.com10 Jul 2024

'We found certain banks having lakhs of such accounts with apparently no valid reason.'

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina

Rediff.com4 Jun 2024

Godfrey Phillips executive director Samir Modi has lodged an FIR in New Delhi's Sarita Vihar police station, alleging that her mother Bina Modi and Lalit Bhasin, one of the company's board members, orchestrated an assault on him during the board meeting. It further exacerbated the ongoing feud among the late KK Modi's family members over the distribution of the Rs 12,000 crore inheritance. Bina is also the director of Godfrey Phillips.

'I Am Not Bad On The Eyes'

'I Am Not Bad On The Eyes'

Rediff.com27 Nov 2024

'People think that because there are so many OTT platforms, roles should just fall into your lap. That's not true at all.'

DGCA conducting special safety audit of IndiGo

DGCA conducting special safety audit of IndiGo

Rediff.com17 Apr 2019

IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 Neo planes, have been facing problems with these engines, manufactured by the US firm, since their induction three years ago.

Changes to banking laws have a consumer tilt

Changes to banking laws have a consumer tilt

Rediff.com12 Aug 2024

Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector banks (PSBs), offer consistency in reporting by banks to the Reserve Bank of India (RBI), and provide for an increase in the tenure of directors in cooperative banks.

Maha polls: Will Mumbai voters show up for a record turnout?

Maha polls: Will Mumbai voters show up for a record turnout?

Rediff.com20 Nov 2024

Mumbai, home to 1 crore voters and 420 candidates vying for 36 assembly seats, is gearing up for the Maharashtra Assembly elections on November 20. The Brihanmumbai Municipal Corporation (BMC) has completed all preparations for smooth conduct of the polls, ensuring a robust security arrangement and dedicated facilities for senior citizens and differently-abled voters. The BMC has also urged citizens to exercise their franchise, emphasizing the importance of active participation in strengthening democracy.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

Unacademy hands pink slips to 250 more employees

Unacademy hands pink slips to 250 more employees

Rediff.com3 Jul 2024

Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago. Of those, 100 are from core functions such as marketing, business, and product, while the rest are from sales.

RBI bans auditors Haribhakti and Co for 2 years

RBI bans auditors Haribhakti and Co for 2 years

Rediff.com12 Oct 2021

The Reserve Bank of India on Tuesday banned chartered accountant firm Haribhakti & Co LLP from undertaking any type of audit assignments for regulated entities for a period of two years starting April 1, 2022.

'I Don't Know How 2025 Will Turn Out'

'I Don't Know How 2025 Will Turn Out'

Rediff.com19 Dec 2024

When I go to act in a film, I don't think of the journey.'

Gig workers Bill: Unease among startups

Gig workers Bill: Unease among startups

Rediff.com15 Jul 2024

A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.

CAG refuses to share Rafale audit details, cites breach of Parliament

CAG refuses to share Rafale audit details, cites breach of Parliament

Rediff.com15 Jan 2019

The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament, the CAG said.

'Shine On, Gudda, The LEGEND'

'Shine On, Gudda, The LEGEND'

Rediff.com2 Nov 2024

Nikita Sahay, a former captain in the Indian Army who has worked with Rohit Bal, shares fond memories of the legendary designer who passed away into the ages on November 1, 2024.

Cong asks CAG to recuse from Rafale audit, cites conflict of interest

Cong asks CAG to recuse from Rafale audit, cites conflict of interest

Rediff.com10 Feb 2019

The opposition party also said that it would be improper on the part of Mehrishi to present the report in Parliament.

Irreparable loss, says E&Y on young CA's death

Irreparable loss, says E&Y on young CA's death

Rediff.com19 Sep 2024

EY said it would continue to improve and provide a healthy workplace in its offices throughout the country.

DGCA audit raises concern over Air India's ageing fleet

DGCA audit raises concern over Air India's ageing fleet

Rediff.com26 Oct 2015

The DGCA probe detected serious issues related to safety oversight.

'If God wills, I Will Become A Star'

'If God wills, I Will Become A Star'

Rediff.com5 Jul 2024

'People are saying that a new star is in the making.' 'It's been 10 years since I came to Bombay, and things are finally happening.'

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

Rediff.com21 Nov 2024

The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.

331 suspected shell firms and forensic audit for only 12!

331 suspected shell firms and forensic audit for only 12!

Rediff.com8 Dec 2017

Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.