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Finance minister seeks antitrust whip on global firms abusing dominance

Finance

23 August, 2019

Finance minister seeks antitrust whip on global firms abusing dominance

Finance Minister Nirmala Sitharaman on Friday asked the country’s anti-trust regulator to take action against global companies...

NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea

Finance

09 August, 2019

NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea

An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services...

State Bank of India seeks bids for Videocon's overseas oil, gas assets

Infrastructure

05 August, 2019

State Bank of India seeks bids for Videocon's overseas oil, gas assets

The State Bank of India has invited bids for overseas oil and gas assets of Videocon Industries Ltd, a newspaper ......

Dewan Housing auditors raise red flags around quarterly results

Finance

23 July, 2019

Dewan Housing auditors raise red flags around quarterly results

India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late...

Govt wants antitrust review of Big Four audit firms

Finance

22 July, 2019

Govt wants antitrust review of Big Four audit firms

The Indian government wants the country’s antitrust body to assess whether the so-called “Big Four” auditing...

SEBI proposes tighter disclosure for auditors of listed companies

Finance

19 July, 2019

SEBI proposes tighter disclosure for auditors of listed companies

The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies,...

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

Finance

16 July, 2019

Will the budget proposal to raise taxes on the rich hit foreign investment inflows?

The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million...

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

Finance

13 June, 2019

Govt alleges 22 audit violations by Deloitte, KPMG arm in IL&FS fraud case

India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating...

SAIF Partners-backed Manpasand Beverages' chairman offers to quit

Consumer

06 June, 2019

SAIF Partners-backed Manpasand Beverages' chairman offers to quit

The chairman and managing director of Manpasand Beverages Ltd has offered to step down in the wake of an alleged ......

Deloitte's Jayant Saran on why good-quality data is critical for stressed asset cases

Finance

15 February, 2019

Deloitte's Jayant Saran on why good-quality data is critical for stressed asset cases

Prospective bidders for companies undergoing bankruptcy often complain about the lack of enough good-quality data to assess the assets on ......

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