News for 'audit'

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

First Act Review: Haunting

First Act Review: Haunting

Rediff.com15 Dec 2023

The lives of the kids Deepa Bhatia portrays in the series are bleak, with small periods of sunshine when they get picked for an ad or serial, punctuating the longer periods of struggle, observes Deepa Gahlot.

'Life is all about ups and downs'

'Life is all about ups and downs'

Rediff.com4 Mar 2024

'When one is low, all you can do is buckle up and get up and prepare for the next challenge.'

SC dismisses plea tallying VVPAT slips with EVMs

SC dismisses plea tallying VVPAT slips with EVMs

Rediff.com29 Apr 2024

A bench of justices B R Gavai and Sandeep Mehta told the petitioner's counsel that a coordinate bench of the apex court had last week delivered its verdict on the issue.

CAG seeks auditing of regulators like RBI

CAG seeks auditing of regulators like RBI

Rediff.com2 Jul 2016

National auditor says a significant part of NPAs was due to fraud and may never be recovered

'Sometimes Sanjay Sir Would Be On Fire'

'Sometimes Sanjay Sir Would Be On Fire'

Rediff.com3 May 2024

'Before every scene, Sanjay Leela Bhansali would play two or three songs over and over again, especially when Sharmin and I would shoot, because it invoked his emotion. One of the songs was from The Last Samurai. Everything is in rhythm for him. If he doesn't have that rhythm in place, then something is off.'

Rescue ops continue 21 hrs after Mumbai billboard collapse

Rescue ops continue 21 hrs after Mumbai billboard collapse

Rediff.com14 May 2024

More than 21 hours after a huge billboard collapsed in Mumbai's Ghatkopar area due to gusty winds and unseasonal rains, killing at least 14 persons and injuring 75 others, the search and rescue operation is still on, civic officials said on Tuesday.

ICAI tightens auditing norms

ICAI tightens auditing norms

Rediff.com10 Mar 2009

It has issued two revised accounting standards -- SA 500 and SA 720. The SA 500 lays down norms for obtaining and evaluating audit evidence, on which the final audit findings are based. Under this, a CA will have to go beyond verifying the balance sheet. The second standard -- SA 720 -- requires the auditor to read other information to identify any material inconsistencies vis-a-vis the audited financial statements.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

RBI bars IIFL Finance from disbursing gold loans

RBI bars IIFL Finance from disbursing gold loans

Rediff.com4 Mar 2024

The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.

ICAI revises internal audit guidelines

ICAI revises internal audit guidelines

Rediff.com22 Dec 2009

The current revision, approved by the ICAI council last week, addresses issues such as effects of laws and regulations in conducting internal audit, responsibility of management for compliance with laws and regulations, responsibility of internal auditor and internal audit procedures.

SC verdict on VVPAT verification of votes on Friday

SC verdict on VVPAT verification of votes on Friday

Rediff.com25 Apr 2024

The Supreme Court is scheduled to pronounce its verdict on Friday on a batch of pleas seeking complete cross-verification of votes cast using electronic voting machines (EVMs) with voter verifiable paper audit trail, or VVPAT.

9 killed in Mumbai hoarding collapse, 70 injured

9 killed in Mumbai hoarding collapse, 70 injured

Rediff.com13 May 2024

Eight people were killed and over 60 injured on Monday when a huge iron hoarding collapsed on a petrol pump in Ghatkopar area of Mumbai amid rain and gusty wind, while several others are feared trapped, officials said.

Payout to top NBFC execs on RBI radar

Payout to top NBFC execs on RBI radar

Rediff.com5 Jul 2024

Payouts to key management personnel in non-banking financial companies (NBFCs) are under the banking regulator's scrutiny. Top industry officials said this is a follow-through on the Reserve Bank of India's (RBI's) circular of April 29, 2022, which asked NBFCs in the "middle" and "upper" layer of its four-tiered scale-based regulatory (SBR) framework to put in place a board-approved compensation policy.

9 memorable moments from the LFW auditions

9 memorable moments from the LFW auditions

Rediff.com30 Jun 2016

A sneak-peek into all the backstage action.

Behind-the-scenes at the Lakme Fashion Week model auditions

Behind-the-scenes at the Lakme Fashion Week model auditions

Rediff.com30 Jun 2018

Take a look at how the models battled it out.

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Rediff.com27 May 2024

Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.

Who Will Be The Next SBI Chief?

Who Will Be The Next SBI Chief?

Rediff.com14 May 2024

'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'

Adverse action on audit firms may put IT cos in a spot

Adverse action on audit firms may put IT cos in a spot

Rediff.com18 Jun 2019

Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.

'I Want To Do A K-Drama'

'I Want To Do A K-Drama'

Rediff.com14 Aug 2024

'If you ask me where I want my career to go, I have been saying this for a long time: I want to do a K-drama. I want to be in Korea doing a love story, full of romance.'

Modi gears up for NDA 3.0, holds meet for 100-day agenda

Modi gears up for NDA 3.0, holds meet for 100-day agenda

Rediff.com2 Jun 2024

Government sources said Modi will also chair meetings to review the aftermath of the Cyclone Remal, especially in the north east region hit by natural disasters.

Changes likely in tax audit report for charitable trusts

Changes likely in tax audit report for charitable trusts

Rediff.com29 May 2019

The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.

Centre notifies rules under anti-paper leak law

Centre notifies rules under anti-paper leak law

Rediff.com24 Jun 2024

The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others.

Why Auditors Quitting Big Clients Is Complicated

Why Auditors Quitting Big Clients Is Complicated

Rediff.com18 Sep 2023

Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.

Let The Election Games Begin!

Let The Election Games Begin!

Rediff.com19 Apr 2024

Polling and police officers travel in a boat with election materials to reach to a remote polling station ahead of the first phase of India's general election in the Majuli district, Assam, April 18, 2024.

Why Rahul should be batting down the order

Why Rahul should be batting down the order

Rediff.com30 Mar 2024

In the ongoing IPL, LSG suffered a 20-run defeat to RR in their opening game of this year's IPL. KL Rahul-led LSG is currently languishing in the tenth spot with no points and a net run rate of -1.000 after its loss in the previous game.

'EVMs are 100% safe, 100% sure'

'EVMs are 100% safe, 100% sure'

Rediff.com26 Apr 2024

'There are many smaller parties, which in the age of ballot paper, might not have come into existence'

'I want to be Lady Shah Rukh Khan'

'I want to be Lady Shah Rukh Khan'

Rediff.com24 Apr 2024

'Laapataa Ladies opened a lot of doors for me.' 'I have gotten so much love from audiences and seniors in the industry that it's overwhelming.' 'I get calls from superstars. I'm holding my heart and it's like, "Oh my God, they are calling me? I am their fan and they love my work!"'

PriceWaterhouse Bangalore audited Satyam

PriceWaterhouse Bangalore audited Satyam

Rediff.com1 Jul 2009

PriceWaterhouse on Wednesday said its Bangalore unit audited the accounts of scam-hit Satyam Computer and was now cooperating with a probe by regulator SEBI, thus quashing reports that it was distancing itself from the multi-crore accounting fraud.

'I don't like people messing with me'

'I don't like people messing with me'

Rediff.com20 Feb 2024

'Television actors are people who play with fire.'

Need to get out of 'cult worship' that Nehru era was 'great years': Jaishankar

Need to get out of 'cult worship' that Nehru era was 'great years': Jaishankar

Rediff.com20 Mar 2024

External Affairs Minister S Jaishankar on Wednesday took a critical view of some of the key decisions made by the Jawaharlal Nehru government, and said one needs to get out of this "cult worship" that the period from 1946 onwards was "great years" and the country did "splendidly".

Forensic audit of firm's books

Forensic audit of firm's books

Rediff.com4 Dec 2012

Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.

Case of EVM misfiring extra vote for BJP resolved, says EC

Case of EVM misfiring extra vote for BJP resolved, says EC

Rediff.com18 Apr 2024

The Election Commission (EC) on Thursday said it has resolved the issue of some Electronic Voting Machines (EVM) showing an extra vote during a mock poll in the north Kerala district of Kasargod.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

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.

Govt strengthening audit norms

Govt strengthening audit norms

Rediff.com18 May 2005

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

Electoral bonds make 82% of parties' unknown income: ADR

Electoral bonds make 82% of parties' unknown income: ADR

Rediff.com7 Mar 2024

About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.

Law To Govern AI Coming Soon!

Law To Govern AI Coming Soon!

Rediff.com29 Apr 2024

'The focus of the legislation will be to minimise user harm and increase the accountability of platforms, while also promoting innovation.'