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Penalty amount that can be imposed by ICAI on individual auditors should be increased to a maximum of Rs 1 crore.

Nirav Modi scam: ICAI sends notices to statutory auditors of PNB...

ICAI has sent notices to all statutory auditors of Punjab National Bank's Brady House branch.

15 April 2018 10:31 AM GMT

Market regulator Sebi has approved most of the recommendations of corporate governance panel. The key changes accepted by Sebi are

SEBI proposes tighter rules for auditors, valuers

SEBI has sought feedback and comments on the draft regulations over the next 30 days.

14 July 2018 9:35 AM GMT

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Auditors to DHFL raise red flags around quarterly results

The auditors said DHFL had failed to provide them with sufficient explanation or information about these matters.

23 July 2019 8:25 AM GMT

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business

Enforcement actions have generated 'lot of soul searching' at cos:...

In recent times, the ministry has initiated stringent action against various entities, including auditors, in the IL&FS...

12 Aug 2019 12:10 PM GMT

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi mulls new whistleblower mechanism for auditors, other...

The proposed move assumes significance in the wake of several auditors in the recent past decided to exit from their...

15 Sep 2019 10:17 AM GMT

Former chief executive of Wirecard, Markus Braun, arrested on suspicion of market manipulation. (AFP Photo)

Wirecard scandal: Former CEO Markus Braun arrested over missing...

German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its accounts...

23 Jun 2020 9:36 AM GMT

The main reasons for resignation is suggested to be corporate governance and lack of sufficient information regarding the business of the company.

Over 30 auditors exit from companies in 2018, says report

Experts suggest that there could be more resignations in the near future.

5 Jun 2018 8:47 AM GMT

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

MCA seeks clarifications from Jet Airways on deferring results...

The auditors are believed to have issues regarding the airline being a going concern.

21 Aug 2018 11:42 AM GMT

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Corporate Affairs Ministry seeks details from crisis-hit Jet Airways

Markets regulator Sebi is also looking into the airline delaying June quarter results.

26 Aug 2018 9:46 AM GMT