The Institute of Chartered Accountants of India (ICAI) has ramped up disciplinary actions against its members, with over 200 hearings conducted in recent months. Penalties have included membership cancellations. Over 1,000 chartered accountants have been found guilty of misconduct since…
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Indian companies rarely report bribery cases, despite anti-corruption policies. Public sector companies disclose more incidents due to higher scrutiny. This is because they handle public funds and large contracts. Private companies prefer internal handling of such issues. Unlike the US…
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Aditya Birla Fashion and Retail reported a GST demand of Rs 2.45 crore, comprising tax, interest, and penalty amounts. The company stated that this demand will not affect its financials or operations and considers it maintainable. They are currently assessing…
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Incidentally, the rupee has been sliding without any break. To compound matters, gold reserves are also falling. This made the RBI take a bold decision. It took Arjuna’s shot on the US dollar to save the falling rupee. The RBI…
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Mastek, in an exchange filing, announced the resignation of its Global CFO, Arun Agarwal, who will assist during the transition as the company begins its search for a successor.
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Focused on solving real-world challenges, the fund will invest in startups across cutting-edge sectors like AI, GenAI, ERP SaaS, healthcare, financial inclusion, manufacturing, supply chain, and delivery.
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