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4 mins read

Deloitte sought independent external probe into Hindenburg allegations; Adani firm says reasons for resignation not convincing

Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external …

PTI   


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2 mins read

Adani Port replacing Deloitte with another reputed auditor to comfort investors, says Jefferies

Jefferies which tracks Adani Ports has found a silver lining even in this development as it feels t…

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2 mins read

Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says

Shah Dhandharia audited the accounts of Adani Total Gas and Adani Enterprises. It only had 11 emplo…

Ryan Hogg   


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2 mins read

IL&FS replaces auditor SRBC & Co amid allegations of professional misconduct by NFRA

“M/s SRBC and Co. LLP will be ineligible to continue as auditors of the Company for the financia…

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2 mins read

RBI has barred one of the country's top auditors from looking at the books of any company regulated by the central bank

India’s central bank, the Reserve Bank of India (RBI), banned Haribhakti & Co LLP, an audit fir…

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1 min read

More trouble for MIAL as SBI likely to appoint forensic auditor

New Delhi, Aug 23 (IANS) More trouble is brewing for GVK Infrastructure and Power, including Mumbai…

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2 mins read

Sebi bans auditor for one year in Coral Hub case

New Delhi, Dec 16 () Regulator Sebi has imposed a one-year ban on K P Joshi & Co from auditing …

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2 mins read

Anil Ambani’s Reliance Capital gets a clean chit from the Board on audit violations

Almost two months after PriceWaterhouseCoopers (PwC) quit as the auditor of Reliance Capital, t…

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2 mins read

The auditor to Anil Ambani firm Reliance Capital says it wasn't allowed to do its job

Top accounting firm PriceWaterhouseCoopers (PwC) resigned as Reliance Capital and Reliance Home F…

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2 mins read

CAG: No record available for Rs 44,000 cr spending by ministries

The CAG report also mentioned that details of other ministries – power, panchayati raj, rural devel…

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3 mins read

Bill to provide up to four nominees to a bank account introduced in Lok Sabha

Another proposed change relates to redefining 'substantial interest' for directorships, which could…

PTI   


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3 mins read

SEBI proposes to ease disclosure requirement for listed firms

The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…

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1 min read

Shareholders approve Byju's FY22 audited financials

Edtech major Byju's shareholders have approved the company's audited financials for the fiscal year…

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3 mins read

Bansal Wire IPO: Should you subscribe to it? Know all about it here

With 86% of its production sold within India, North India continues to remain Bansal Wire's primary…

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3 mins read

Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh

The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…

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2 mins read

No stay on investigation against Ashneer Grover and wife in BharatPe fraud case

The judge issued notice on the petition by Grover and his wife seeking to quash the FIR registered …

PTI   


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2 mins read

SEBI issues demand notices to 4 entities in Fortis Healthcare fund diversion case

Capital markets regulator SEBI sent notices last week to four entities asking them to pay Rs 4.56 c…

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2 mins read

Adani cut its UK audit bill in half by dumping a Big 4 firm for a much smaller rival, filings show as scrutiny of its safeguards deepens

Corporate filings show Adani's UK-listed group dropped its audit bill from $309,000 to $172,000 by …

Ryan Hogg   


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6 mins read

Hindenburg ignores Indian legal processes: Adani Group on the firm's allegations

The Adani Group, referring to allegations made by Hindenburg Research, on Sunday said that there ar…

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2 mins read

Cox & Kings reports alleged fraud in account of UK-based arm Prometheon

"The newly appointed Statutory Auditors, in the course of the performance of his duties as auditor,…

PTI