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'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......

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......

Govt examines accounting standards for India Inc

The governmentsaid on Wednesday the process of converging Indian accounting standards with global standard, IFRS, will continue that would help Indian Inc in tapping international markets with......

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......
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