News for 'audit report'

15 things we saw at LFW auditions

15 things we saw at LFW auditions

Rediff.com19 Jul 2015

Photographer Hitesh Harisinghani/Rediff.com was a fly on the wall at the model auditions for Lakme Fashion Week's Winter-Festive season. Here's what he saw!

Dreams in their eyes: Models in the making at LFW auditions

Dreams in their eyes: Models in the making at LFW auditions

Rediff.com30 Jun 2016

They have gathered up courage, dabbed on some make-up and are all set to impress the jury at the Lakme fashion Week auditions happening in Mumbai.

New audit norms irk insurance firms

New audit norms irk insurance firms

Rediff.com27 Aug 2005

ICAI to limit multiple entities by audit firms

ICAI to limit multiple entities by audit firms

Rediff.com2 Oct 2009

There are three Price Waterhouse firms and four Price Waterhouse & Co firms in PriceWaterhousCoopers' network of firms in India. Each firm is a separate partnership firm, with a maximum of 20 partners each, with head offices in the cities in which they are registered. Each of these is registered with ICAI. The Pricewater House registered in Bangalore had audited Satyam.

Trump paid just $750 income taxes in 2016-17: Report

Trump paid just $750 income taxes in 2016-17: Report

Rediff.com28 Sep 2020

Trump paid no income taxes at all in 10 of the previous 15 years largely because he reported losing much more money than he made, the report said. The US president immediately dismissed the report as 'totally fake news'.

All you need to know about VVPATs

All you need to know about VVPATs

Rediff.com26 Apr 2024

To enhance transparency and verifiability in the poll process, the Conduct of Election Rules, 1961 were amended in 2013 to introduce the use of VVPAT machines. They were first used in the by-election to the Noksen assembly seat in Nagaland.

CAG needs to CLEAN UP muddy hydropower projects

CAG needs to CLEAN UP muddy hydropower projects

Rediff.com3 Sep 2012

The CAG's audit of hydropower projects seems to be an effort for status quo that does not do justice to the formidable reputation it has attracted through some of its exemplary work

One nation, one poll: In 2015, EC pegged cost of EVMs at Rs 9,300 cr

One nation, one poll: In 2015, EC pegged cost of EVMs at Rs 9,300 cr

Rediff.com3 Sep 2023

The Election Commission had pegged the cost of procuring additional Electronic Voting Machines and paper-trail machines for holding synchronised Lok Sabha and assembly polls at nearly Rs 9,300 crore.

Aadhaar data of 815m Indians in dark web, says cyber security firm

Aadhaar data of 815m Indians in dark web, says cyber security firm

Rediff.com31 Oct 2023

In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.

The Secrecy Surrounding Electoral Bonds

The Secrecy Surrounding Electoral Bonds

Rediff.com30 Oct 2023

The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.

Govt orders special audit at four telcos

Govt orders special audit at four telcos

Rediff.com2 Apr 2009

The books of these companies had come under a cloud after it was alleged that many of them had not been paying the goverment's share of revenue by showing the revenue earned under other categories. Under a suggestion of the Telecom Regulatory Authority of India, a special audit of all the integrated telecom companies will be undertaken once in 3-5 years.

Coach Dravid ends reign with World Cup high

Coach Dravid ends reign with World Cup high

Rediff.com30 Jun 2024

Rahul Dravid's tenure as India Head Coach, which ended gloriously with the T20 World Cup triumph in Barbados on Saturday, will remain a case study on how to be stately and understated at the same time in modern-day cricket coaching.

RCom: DoT to do special audit

RCom: DoT to do special audit

Rediff.com19 Feb 2009

The Department of Telecom (DoT) has decided to do a special audit of Reliance Communications' (RCom) telecom licence companies.

'India Inc lacks fraud-detection in audit plans'

'India Inc lacks fraud-detection in audit plans'

Rediff.com25 Jun 2009

Even as India Inc talks of increasing corporate governance norms after the Satyam scam, a study by global consultancy firm Ernst & Young has said that more than half of the companies surveyed do not take into account risk of frauds in their annual audit plans.

Everything cannot be suspected, SC tells petitioners in plea against EVM

Everything cannot be suspected, SC tells petitioners in plea against EVM

Rediff.com18 Apr 2024

Underscoring the importance of voter satisfaction and trust in the electoral system, the Supreme Court on Thursday told petitioners who sought its direction to go back to using ballot papers not to suspect the efficacy of Electronic Voting Machines (EVM) and appreciate if the Election Commission does good work.

Rs 10,000 cr every 15 years: Cost of one nation one election

Rs 10,000 cr every 15 years: Cost of one nation one election

Rediff.com20 Jan 2024

According to estimates, a total of 11.80 lakh polling stations would be required to be set up across India for Lok Sabha polls this year.

Former CAG official questions Rs 1.76 lakh cr 2G loss

Former CAG official questions Rs 1.76 lakh cr 2G loss

Rediff.com23 Nov 2012

Giving another twist to the 2G spectrum allocation controversy, a former comptroller and auditor general official has questioned the CAG's estimates of presumptive loss of Rs 1.76 lakh crore. "After completing the audit of the ministry of telecom, which was under my direct charge, I prepared a draft audit report covering each and every aspect. My report did not contain any loss figure," said former director general of CAG R P Singh.

Limit set out for audit clients

Limit set out for audit clients

Rediff.com8 Feb 2005

Audit firms may face action in Satyam-like cases

Audit firms may face action in Satyam-like cases

Rediff.com25 Jul 2011

New Companies Bill to propose equal responsibility of auditors, firms.

RBI bars Mastercard from adding new customers in India from July 22

RBI bars Mastercard from adding new customers in India from July 22

Rediff.com14 Jul 2021

The Reserve Bank on Wednesday barred Mastercard Asia Pacific from onboarding new credit, debit and prepaid card customers with effect from July 22 as it failed to comply with data storage norms. The supervisory action will not impact existing customers of Mastercard, the Reserve Bank of India (RBI) said. Taking action against Mastercard, RBI said, "notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data".

DGCA's aim is not to kill an airline: Arun Mishra

DGCA's aim is not to kill an airline: Arun Mishra

Rediff.com6 Aug 2012

Arun Mishra takes over as Director General of Civil Aviation at a time when questions are being raised on its leniency with airlines. Being also grossly understaffed, it faces an International Civil Aviation Organisation safety audit this December. The new DG talks about these and other issues.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

Audit of Trump's $33 billion aid figure will reveal who is deceiving: Asif

Audit of Trump's $33 billion aid figure will reveal who is deceiving: Asif

Rediff.com2 Jan 2018

Pakistan's Foreign Minister Khawaja Asif in a tweet said that Trump could hire a US-based audit firm "on our expense" to verify the $33 billion aid figure and "let the world know who is lying and deceiving".

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Rediff.com12 Sep 2023

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.

Audit should not hurt pvt sector: Manmohan Singh had told CAG

Audit should not hurt pvt sector: Manmohan Singh had told CAG

Rediff.com14 Sep 2014

As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.

CIC pulls up EC for not replying to RTI query on EVMs

CIC pulls up EC for not replying to RTI query on EVMs

Rediff.com12 Apr 2024

Former Indian Administrative Service (IAS) officer M G Devasahayam, who was one of the signatories to the representation on the credibility of electronic voting machines (EVMs), voter-verifiable paper audit trail (VVPAT) and the vote-counting process, had filed an application with the poll panel under the Right to Information (RTI) Act, seeking details of the action taken on it.

Car driver booked for techie's death by drowning in Bengaluru rain

Car driver booked for techie's death by drowning in Bengaluru rain

Rediff.com22 May 2023

Karnataka Chief Minister Siddaramaiah met the family members of 23-year-old woman Bhanurekha who died after drowning in the waterlogged underpass in the KR Circle area in Bengaluru.

Adarsh: CAG auditing army's role in land allotment

Adarsh: CAG auditing army's role in land allotment

Rediff.com3 Apr 2011

Government auditor Comptroller and Auditor General has started a comprehensive audit into the role of armed forces, Coast Guard and Colaba administration in land allotment to the scam-tainted Adarsh Housing Society.

Byju's $200 million rights issue fully subscribed

Byju's $200 million rights issue fully subscribed

Rediff.com21 Feb 2024

Edtech major Byju's top official on Wednesday said the company's $200 million rights issue has been fully subscribed and asked all shareholders to participate in the "renewed mission". Think and Learn Private Limited, which operates under Byju's brand name, has floated $200 million rights issue at less than 99 per cent enterprise valuation compared to its peak valuation of $22 billion. "Our rights issue is fully subscribed and my gratitude to my shareholders remains strong.

'EVM Is Useless As The Black Glass Helps Manipulation'

'EVM Is Useless As The Black Glass Helps Manipulation'

Rediff.com29 Apr 2024

'After a month of working on the new machine, I realised that the black glass on the VVPAT lets the programmer manipulate not just the electronic system, but the paper vote too.' 'And it will not be detected even during the mock poll or the actual voting because of the black glass.'

SC seeks EC's response over release of voter turnout data

SC seeks EC's response over release of voter turnout data

Rediff.com17 May 2024

"The voter turnout data for the first two phases of the ongoing 2024 Lok Sabha elections published by ECI on April 30 has been published after 11 days of the first phase of polling... on April 19 and four days after second phase of polling... on April 26.

CAG to restart RIL audit this month: Oil secy

CAG to restart RIL audit this month: Oil secy

Rediff.com2 Apr 2013

The Comptroller and Auditor General, which had at the end of its first sitting with RIL in January suspended the audit of spending on the flagging KG-D6 block following differences with RIL over scope and extent of the scrutiny, is likely to resume it next two weeks.

'How Munjya Changed My Life!'

'How Munjya Changed My Life!'

Rediff.com25 Jun 2024

'It looks like an overnight success but nothing happens overnight.' 'There's a lot of struggle, hard work and sacrifice.'

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

LS polls: Private jets, helicopter demand to see 40% jump

LS polls: Private jets, helicopter demand to see 40% jump

Rediff.com10 Mar 2024

Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.

Biden urged to delay recognition of new Pak govt over rigging concerns

Biden urged to delay recognition of new Pak govt over rigging concerns

Rediff.com1 Mar 2024

The lawmakers expressed concerns about "pre- and post-poll rigging in Pakistan's recent parliamentary elections" and urged the US Congress to "withhold recognition of a new government in Pakistan until a thorough, transparent, and credible investigation of election interference has been conducted".

SC orders audit of Padmanabha temple by former CAG

SC orders audit of Padmanabha temple by former CAG

Rediff.com24 Apr 2014

The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

The Cute World Cup Scene Stealer

The Cute World Cup Scene Stealer

Rediff.com7 Dec 2023

"Looking at the films come to life on set was a lot of fun. The lensing, the art direction and Prakash Sir's detailed eye. It felt like something special was brewing," says Naina Bhan.

'Everybody would say I should act like my sister'

'Everybody would say I should act like my sister'

Rediff.com16 Apr 2024

'Padmini and I are very different people.' 'Our acting styles are very different. She's from a different era.'