Wednesday 26 June 2019

Tougher norms for audit firms on the anvil

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Wed, Jun 26, 2019 | 05:20 PM IST

Daily Newsletter

Government mulls ceiling for audit firms amid crack down on lapses

Governance lapses, negligence has loaded the banks with one of the world's worst piles of bad debt.

CBDT tightens noose around loan defaulters

Central Board of Direct Taxes, that frames policy for the I-T department, has issued an order in this context to all ...

Coca-Cola in exclusive talks with Cafe Coffee Day for acquiring stake

Promoted by VG Siddhartha, Café Coffee Day is owned by Coffee Day Global, a subsidiary of Coffee Day Enterprises. ...

Amitabh Kant gets two year extension as NITI Aayog CEO

The Appointments Committee of the Cabinet has approved an extension of Kant's tenure till June 30, 2019, the order issued by the personnel ministry said. Kant is a 1980 batch IAS officer of Kerala cadre.

Sitharaman wants you to buy a house this Budget
Govt may include bigger tax benefit, softer rates, restoring some benefits for a second house in the budget.
Mega banks could fix the liquidity crunch
First of a three-part series on what needs to be done to live up to the potential credit demand
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Market Watch 26 Jun | 05:20PM|
SENSEX NIFTY USD/INR GOLD
39592.08
157.14
11847.55
51.10
69.15
-0.20
34190.00
-366.00
MARKET NEWS
34 stocks exiting F&O segment erode major wealth in 2 months

34 stocks that will exit F&O segment from July series have eroded Rs 14,500 cr of wealth. ...

Reliance Infra surges 20% on bagging VBSL project worth Rs 7,000 crore

Last week, ratings agency India Ratings downgraded Reliance Infrastructure's long-term issuer rating to 'D - Issuer N...

Gainers Losers 26 Jun, 2019, 05:20PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Allahabad Bank 49.05 15.55 1379961 50.9 42.0
Suzlon Energy 5.92 14.07 11666382 5.96 5.06
DBL 439.70 10.13 132541 445.5 398.2
Emami 317.95 9.34 666867 325.8 286.8
Syndicate Bank 41.50 7.37 934414 42.15 38.5
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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The liquidity debate: Surplus or deficit?

There's a realisation in the RBI that its liquidity framework needs a revamp, so there comes a new panel. ET explains...

Tatas may soon join queue for drone clearance from DGCA

Several players have already applied to conduct such experiments, and more are expected as the DGCA recently extended...

Airport charges may fall as AERA ambit shrinks

Regulator to control only 13 airports after Cabinet okays amendment bill....

Ban on audit firms may not hit their entire network

Government also set to tighten curbs on auditors to minimise conflicts of interest. ...

Chinese media goes to town on Oyo layoffs, company denies it

News reports say firm sacked about 1,000 employees at its subsidiary Oyo Jiudian....

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