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India Inc all set to adopt global accounting but few concerns remain

Transition to new accounting standard triggers concern over fair valuation, wider definition of control Interglobe Aviation, the owner of IndiGo, in its draft red-herring prospectus for its......

'India Inc can overcome hurdles in adopting new accounting standard'

Image: Azim Premji, chairman, Wipro seen with Anand Mahindra, chairman, Mahindra Group during an event in Mumbai. Photograph: PTI National Advisory Committee on Accounting Standards (NACAS), a......

Bugatti Veyron is world's fastest car at 268 m/hr

The Bugatti Veyron has been declared the world's fastest car at 268 m per hour. The 0-62 mph sprint still takes about 2.5 seconds but 0-124 mph comes up in just 7.3 seconds and 186 mph passes in......

How the audit profession can heal itself

The present crisis of confidence in the audit profession among users and stakeholders, arising from recent market events, has to be addressed in a fair manner. The profession, regulators and all......

Why India Inc is fuming ahead of elections

The general elections could take a toll on the bottom lines of a host of Indian companies that have accessed overseas debt. The Institute of Chartered Accountants of India has deferred a decision......
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