News for 'audit'

'At 57, Shah Rukh is just as energetic as us'

'At 57, Shah Rukh is just as energetic as us'

Rediff.com15 Sep 2023

'We shot the song Zinda Banda for about six days.' 'We were dancing relentlessly for six days to a point when we thought our knees had started making sounds!' 'He was on set, every day, dancing next to us for all those six days.'

'Successful listing is true justice to RE development in country'

'Successful listing is true justice to RE development in country'

Rediff.com24 Dec 2023

'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

Paris Olympics headquarters searched amid financial fraud probe

Paris Olympics headquarters searched amid financial fraud probe

Rediff.com20 Jun 2023

The headquarters of SOLIDEO, the public body responsible for delivering Olympic and Paralympic infrastructure, were also being searched amid a preliminary investigation dating back to 2022, following an audit by the French Anti-Corruption Agency, the PNF added.

Census to audit UPA's social welfare schemes too

Census to audit UPA's social welfare schemes too

Rediff.com10 Apr 2010

Prime Minister Manmohan Singh, while being enumerated for Census 2011 last week, said the data from this massive exercise would be a treasure house of information to help the government plan development work.

Video: Models audition for Wills Lifestyle India Fashion Week

Video: Models audition for Wills Lifestyle India Fashion Week

Rediff.com3 Mar 2011

Eminent fashion designer Rohit Bal and various other known faces of the fashion industry auditioned models to walk the ramp for the upcoming fashion extravaganza in Delhi.

MCC recommends limiting bilateral ODIs

MCC recommends limiting bilateral ODIs

Rediff.com12 Jul 2023

'In many ways, cricket is growing and, on the surface, seems financially strong. However, we are increasingly seeing a game which focuses on a powerful few, as opposed to a democratic and inclusive approach for the benefit of the whole sport.'

NGO Centre for Policy Research barred from receiving foreign funds

NGO Centre for Policy Research barred from receiving foreign funds

Rediff.com1 Mar 2023

The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.

Pilot suspensions rose 2x in 2022 for violating safety norms: DGCA

Pilot suspensions rose 2x in 2022 for violating safety norms: DGCA

Rediff.com19 Apr 2023

The Directorate General of Civil Aviation (DGCA) suspended the licences of 92 pilots in 2022 for violating safety norms, which was more than double the 2021 figure. The number of scheduled flights (domestic and international) in India increased by 32.74 per cent to 1.3 million in 2022, according to data from aviation analytics firm Cirium. A DGCA official stated that the minimum period of licence suspension in 2022 was one month and the maximum was three years.

7 Facts About Filing Income Tax Returns

7 Facts About Filing Income Tax Returns

Rediff.com25 Jul 2023

RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

FPIs' love affair with Indian markets continues; pump Rs 1.5 lakh crore in 2023

Rediff.com17 Dec 2023

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

Rediff.com17 Nov 2023

BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said. The couple were to travel to New York late on Thursday for vacation when they were stopped at the airport on the basis of a look out circular issued by the Economic Offences Wing (EoW) of the Delhi police. EoW is investigating complaints of payments being made at BharatPe to fake human resource consultancies allegedly operated by Grover and family. They have also been accused of backdating invoices to use funds.

Nitish govt headed for showdown with Guv over this issue

Nitish govt headed for showdown with Guv over this issue

Rediff.com19 Aug 2023

The Nitish Kumar government appeared to be heading for a showdown with Bihar Governor Rajendra Vishwanath Arlekar as the Raj Bhavan reversed an order of the state administration to freeze bank accounts of two officials of Babasaheb Bhimrao Ambedkar Bihar University in Muzaffarpur.

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

Rediff.com15 Jan 2024

BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.

'I won't kill anyone to get what I want'

'I won't kill anyone to get what I want'

Rediff.com14 Jun 2023

'Nobody told me upfront that you are a Marathi girl so we will not cast you.' 'I questioned myself: 'Am I not good enough?' 'Am I not good-looking to be in this industry?''

Audit firms may face action for wrong-doing

Audit firms may face action for wrong-doing

Rediff.com24 Aug 2009

The ministry of company affairs (MCA) intends to insert a clause in the Companies Act that will make audit firms also liable to prosecution as against the existing provisions that limits penal action only to chartered accountants.

Young Taxpayers Prefer New Tax Regime

Young Taxpayers Prefer New Tax Regime

Rediff.com31 Aug 2023

'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'

Karzai ready to accept runoff after election audit

Karzai ready to accept runoff after election audit

Rediff.com20 Oct 2009

The New York Times quoted the officials as saying that Karzai was moving toward accepting the findings of an international audit that stripped him of nearly a third of his votes in the first round, leaving him below the 50 percent threshold that would have allowed him to avoid a runoff and declare victory over his main rival, Abdullah Abdullah.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Hard choice for MSME med device makers: Get licence by Oct 1 or shut shop

Hard choice for MSME med device makers: Get licence by Oct 1 or shut shop

Rediff.com27 Sep 2022

The transition of Class A and Class B medical device makers to the licensing regime by October 1 seems to be an uphill task with several small and medium manufacturers saying they are still awaiting the audit from the government authorities. If the licenses don't come through, either due to lack of audits or MSME units not clearing the audits, then a few thousand small-scale medical device units will face the issue of business continuity in three weeks. Class A medical devices are those with low to moderate risk to the patient or user (surgical dressings for example), while Class B medical devices refer to devices with moderate risks that require special controls (catheters for example).

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Will gift my parents their dream car, says Vrinda after big pay-day

Will gift my parents their dream car, says Vrinda after big pay-day

Rediff.com10 Dec 2023

It was a red-letter day for Vrinda Dinesh having hit the WPL pay-dirt with a whopping Rs 1.30 crore deal.

ICAI says KPMG can't audit; auditors disagree

ICAI says KPMG can't audit; auditors disagree

Rediff.com15 Jan 2009

The chartered accountants regulator ICAI on Thursday said KMPG cannot audit Satyam's books, but the global auditor said it does not require to register with the regulator to restate the IT company's accounts.

Reckless audits: KPMG faces $1-bn law-suit

Reckless audits: KPMG faces $1-bn law-suit

Rediff.com3 Apr 2009

The lawsuits allege that KPMG LLP assisted in and certified 'materially misstated financial statements', and that KPMG's international parent failed in its watchdog role and is responsible for "the severely reckless and grossly negligent acts of its agent", the report pointed out. New Century had been US's second-biggest sub prime mortgage lender that mainly served people with poor credit histories but had to file for bankruptcy in April 2007.

The Only Thing Aparshakti Wants To Change In His Life

The Only Thing Aparshakti Wants To Change In His Life

Rediff.com3 May 2023

'Much as I feel on top of the world after being a part of a special series like Jubilee, I would say my biggest achievement so far has been spreading happiness around.'

EC must have power to derecognise parties, says freebies case plea in SC

EC must have power to derecognise parties, says freebies case plea in SC

Rediff.com27 Nov 2023

The Election Commission (EC) must have the power to deregister a political party in case of a violation of the mandatory conditions for registration and for breach of laws, the Supreme Court was told by a petitioner on Monday.

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

'I am not the best looking man'

'I am not the best looking man'

Rediff.com10 Oct 2023

'For me, star is nothing, yaar.' 'It's really about the love you are receive from the people.' 'While I was in TV, I was getting that kind of love.' 'Now I've started doing films, I'm getting the same kind of love.'

Govt draws plan to open audit sector

Govt draws plan to open audit sector

Rediff.com30 May 2005

I was made to sign on 2G audit report: R P Singh

I was made to sign on 2G audit report: R P Singh

Rediff.com24 Nov 2012

Former CAG official R P Singh, who has created a storm with his statements on the 2G spectrum allocation audit, on Saturday claimed that his superiors gave him "written order" following which he signed on the final report giving a presumptive loss figure of Rs 1.76 lakh crore.

Ameesha: I had auditioned for Lagaan

Ameesha: I had auditioned for Lagaan

Rediff.com14 Mar 2015

Aamir's heroines send the superstar their love.

23 held after violence during voting in Karnataka village

23 held after violence during voting in Karnataka village

Rediff.com10 May 2023

The villagers stopped a section officer's vehicle which was carrying reserved EVMs for the assembly elections and damaged two control and ballot units each and three VVPATs (Voter Verifiable Paper Audit Trail), the EC said in a statement.

Delhi govt may go for CAG audit of private power companies

Delhi govt may go for CAG audit of private power companies

Rediff.com31 Dec 2013

Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.

Advocates can't audit, only CAs can: SC

Advocates can't audit, only CAs can: SC

Rediff.com13 May 2008

The decision would affect the lawyers specialising in Sales Tax laws and former Sales Tax officers who work as sales tax practitioners. A bench comprising Justice H K Sema and Justice Markenday Katju while dismissing the petitions filed by the Sales Tax Practitioners Association of Maharashtra and the Bar Council of Maharashtra upholding the Bombay High Court's judgement that held only chartered or cost accountants would be eligible to certify sales tax returns.

Audit DG raps DoT on plan to bail out new telcos

Audit DG raps DoT on plan to bail out new telcos

Rediff.com21 Sep 2010

In its communication to DoT, the DGA said the department had granted new unified access service licences to certain companies without proper verification of their eligibility and other credentials.

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.

'I couldn't fit in that Bigg Boss world'

'I couldn't fit in that Bigg Boss world'

Rediff.com7 Dec 2023

'I don't think I was prepared for a platform like Bigg Boss.'