ICAI seeks info from Sebi, Reliance Infra

The Institute of Chartered Accountants of India has written to Reliance Infrastructure and the stock market regulator for more information on the consent order that allowed the company to settle a......

Salary woes: ICAI staff on indefinite strike

Employees of accounting regulator Institute of Chartered Accountants of India have gone on indefinite strike since Wednesday to protest non-payment of salary for January and accused the management......

Indian capitalism has always had a criminal side

The Satyam scandal has been wrongly called 'India's Enron', after the gigantic fraud at the US energy-trading company, which came to light in 2001 and became a metaphor for corporate crime. In......

Rs 4,000-crore hit for SBI!

State Bank of India's profits are expected to take a hit of Rs 800 crore (Rs 8 billion) for each of the next five years with the bank needing to make additional provision of around Rs 4,000 crore......