'There are so many issues that the CVC is examining both with reference to the PNB and RBI,' K V Chowdary said.
38 auditors resigned in 2022-23, compared with 46 the previous year.
We will now get CAG to do the audit for the last 3-4 years, says the secretary.
'Padmini and I are very different people.' 'Our acting styles are very different. She's from a different era.'
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.
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.
Bharti Airtel on Thursday said it has always followed highest accounting standards.
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.
'In the history of India this kind of scores and ranks has never happened in exams.'
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
The Aam Aadmi Party on Monday alleged that graffiti threatening Chief Minister Arvind Kejriwal were scribbled inside the metro trains in Delhi, as it accused the Bharatiya Janata Party of being behind this incident.
The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India's largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute's planes in the past six months. The DGCA announced it would conduct an audit of the academy's maintenance practices and also proficiency checks of the institute's flight instructors before allowing it to resume operations.
Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.
Sebi has asked exchanges to appoint independent auditors to conduct forensic audit of these firms for verification, including their credentials/financials.
The Maidaan actor shares her diet, fitness and fashion fundas with Rediff.com.
Reliance Industries has accused CAG of exceeding its brief in the audit of spending on eastern offshore KG-D6 block saying hindsight is being used to question operational decisions taken 8 years back.
The Congress, on the other hand, earned Rs 171 crore from electoral bonds which was down from Rs 236 crore in FY 2021-22.
CAG audit is likely to be completed in six months.
The Comptroller and Auditor General of India, the apex audit body, has decided to audit the accounts of five telcos-- Bharti Airtel, Reliance, Tata, Vodafone and the state-run BSNL-- for 2009-10.
If the data breach is found to be genuine, and if the company is found guilty on the grounds of dereliction of duty, or misleading the general public and the RBI about the data breach, actions taken against it will be severe, the person quoted above said.
'I have trained Ravish Kumar, Virender Sehwag, Harbhajan Singh, Irfan Pathan...' 'But if I approach somebody for work, I never get it.'
The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between ISRO and a private firm cannot be concluded as its "findings".
The review plea filed on May 10 said, "There are mistakes and errors apparent on the face of the impugned order..., and as such there are sufficient reasons which require review of the impugned order/judgment..."
Auditing firms in the country could soon run out of business if they do not get themselves verified according to the guidelines mentioned in the Eighth Directive issued by the European Union (EU). EU will recognise balance-sheets of companies audited by firms that fit their specified standards.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
'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.'
Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. "Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.
A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations.
In its closure report submitted before a special CBI court New Delhi, the agency is understood to have said it did not find enough evidence to prosecute the accused.
Singh has questioned the reliability of the EVMs on more than one occasion following the Congress' defeat in the recent assembly polls in Madhya Pradesh, Rajasthan and Chhattisgarh.
The 100-foot-tall illegal billboard fell at a petrol pump in Ghatkopar during dust storms and unseasonal rains that lashed Mumbai on Monday.
The IT-BT minister claimed that the then BJP government did not merely charge a '40 per cent commission', as his party had claimed during the assembly election, but had collected a commission of more than 400 per cent.
'It's such a mishmash of wonderful things, so many different cultures, subsections of society and weird histories.'
"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.
Janhvi and Khushi Kapoor were the latest guests on Karan Johar's Koffee With Karan, and the sisters opened up about their careers, relationship rumours, and losing mom Sridevi at a young age.
Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external examination of allegations made by a US short-seller but the company said the allegations had no effect on financial statements and the reasons cited for quitting were not convincing to warrant such a move. In a 163-page filing with stock exchanges relating to Deloitte Haskins & Sells LLP's resignation, Adani Ports and Special Economic Zone (APSEZ) said that in meetings with its leadership, Deloitte indicated concern over a lack of a wider audit role as auditors of other listed Adani companies. However, the firm conveyed to the auditor that it was not within its remit to recommend such appointments as other entities are "completely independent".
The committee will consist of retired Supreme Court judges S I Imam and Rohini Marasinghe, and Irangani Perera, retired High Court judge.
'We audition for 99 projects, and get rejected 98 times!'
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