He also criticised the government over an advertisement published in some prominent newspapers listing the steps taken for the welfare of the Maratha community.
'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'
A judicial source said the raids were part of a probe opened into suspicion of "illegal taking of interest, favoritism and concealment" in the award of several contracts.
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.
On June 19, over 100 young models registered to audition for Lakme Fashion Week's Winter/Festive 2012 instalment to be held later this year. Here, they discuss how they manage to stay in top form and what it really takes to impress a tough judging panel in a matter of seconds.
'In India, I'm able to work with the biggest stars on creating a scene, creating that emotion, without being too hung up on their persona.'
In its verdict last month, the top court directed the SBI to furnish the details to the Election Commission (EC) by March 6.
Responding to a query about corruption in the scheme's implementation, Minister of State for Rural Development Upendra Kushwaha said almost all members know about it and added that steps are being taken for improving the scheme.
'The government wants to ban surrogacy and take away women's fundamental right to do what she wants with her body.'
The hunt for the 'New Faces Going Places -- Ramp Scorchers' took place in New Delhi as aspiring models auditioned for the upcomingWills Lifestyle India Fashion Week.
The government on Thursday said it has asked state-owned telecom firm BSNL to conduct security audit of its network amid security concerns raised over equipment supplied by Chinese vendor Huawei, Parliament was informed.
Nine months have passed since the country's largest financial scandal hit Satyam Computers, after its promoter Ramalinga Raju confessed to a fraud that its auditors had failed to detect.
West Bengal Chief Minister Mamata Banerjee visited the building collapse site at Azan Molla Lane in the city's western periphery and assured local residents of stern action against illegal construction.
The former Congress president alleged that PM Modi had a "monopoly over corruption".
Reliance Industries has written to the government that it has no objection to the Comptroller and Auditor General of India auditing its gas field costs and said it is operating the field in compliance with rules.
'He underwent angioplasty. He is fine now.'
Usman Khawaja will have an opportunity to audition for Ricky Ponting's spot in the Test team after the left-hander was named captain of the Australia Chairman's XI to take on Sri Lanka in Canberra next week.
'OTT is the future.' 'We are here to create new markets in the world, cater to international audiences.'
Most IT companies today have multiple delivery centres, physically verifying documents is arduous and difficult to determine where the actual billing is done
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
While the Management Committee of KG-D6 block in August agreed to approval of capital spending plans pending for past three years, the resolution has so far not been signed.
Comptroller and Auditor General Vinod Rai on Wednesday rejected reports that there was pressure from Parliament's Public Accounts Committee chairman Murli Manohar Joshi to expedite audit work of 2G spectrum allocation and said no findings were ever shared with the PAC.
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".
A week after B Ramalinga Raju, the promoter of Satyam Computer Services, confessed to manipulating the accounts for several years, Price Waterhouse, external auditors of the Hyderabad-based software services firm, said its audit report should not be relied upon.
The chartered accountants body ICAI on Tuesday constituted a six-member special committee to look into the auditing of crisis-hit Satyam Computer, whose disgraced founder chairman Ramalinga Raju has confessed to fudging accounts.
Welcoming Sebi's initiative on establishing and certifying quality of audit, Ambani said: "We are confident that as part of its supervision, Sebi will ensure compliance with the highest standards applicable to the process and will also ensure that the selection of reviewers takes into account their merit, as also issues relating to confidentiality of commercial information.
'I received many threatening calls and letters.' 'A fatwa was issued against me.'
Airtel has introduced audition for the popular interactive TV programme 'Indian Idol' on its mobile service, where an aspirant singer has to call a number to sing a song and participate in the competition.
Some documents not yet provided, spokesperson tells DNA Money. Murli Deora's Petromin says report submitted! ADAG once again asks for tabling of report, shows 'proof' govt appointed auditors of RIL expense sheet have conflict of interest.
The Securities and Exchange Board of India is all set to begin the proposed peer audit review of the companies that form the Sensex and Nifty benchmark indices.
'I have been trying to make a movie for seven years. I got a chance only now.' 'I have taken my script to every office from Dharma to Tips to Eros.' 'I have narrated my script to every actor possible. Nobody believed me.' 'Because of OTT, people like me are finally getting a chance to make something.'
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
'Everyday I would get rejected in auditions. One day, one audition, changed my life. Anurag Basu (who directed her in Gangster) approved of it.' 'Had that not happened, where would my life have been? Where would I have ended up?'
This comes on the heels of the department of telecom appointing private auditors to look into the books of telcos after it was detected that some of the operators were diverting revenues in segments which attracted lower licence fee.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
However, in a circular issued earlier, the market regulator had asked stock brokers and trading members to complete the auditing from independent qualified chartered accountants but now the role has been extended to company secretaries or cost and management accountants.
The PSC provides for a financial audit -- checking of the contractor's accounts in order to verify the charges and credits, but not a performance audit that scrutinises efficacies of processes or technology used in the complex deep sea operations.
Union rural development minister Jairam Ramesh has said states would not be allowed to ignore the findings of the social audits notified recently by his ministry on the National Rural Employment Guarantee Scheme (NREGS).
Most Indian chief executives are optimistic about the economy and believe it would improve in the coming 12 months, said a survey by consulting and auditing firm PwC on Tuesday. The company's 27th annual global survey polled 4,702 chief executive officers (CEOs) in 105 countries and territories, including 79 in India, from October 2 to November 10, 2023. As many as 86 per cent of CEOs in India - 30 per cent higher than a year ago - are confident that the economy would improve.
An Enforcement Directorate (ED) investigation into alleged foreign exchange law violations by edtech major Byju's and its CEO and co-founder Raveendran Bjyu is in the final stages of completion following which a show cause notice could be served to them, official sources said Tuesday. The central probe agency had in April searched two business and one residential premises, including that of the registered company of Byju's -- Think & Learn Pvt. Ltd. -- under the provisions of the Foreign Exchange Management Act (FEMA).
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