As India’s apex audit regulator, NFRA widens its inspection net, it aims to complete reviews by December-end, a source close to the development informed ETCFO. But will deeper scrutiny improve audit quality? Can tighter checks on independence and revenue recognition…
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Jana Small Finance Bank’s application to become a universal bank has been returned by the Reserve Bank of India due to non-fulfilment of criteria. While the exact reasons are yet to be clarified, the bank plans to rectify issues and…
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On October 17, 2025, the Bengaluru-based bench of the National Company Law Tribunal (NCLT) declined to grant any interim relief on the second plea filed by the insolvency-bound edtech firm Byju’s to stay the extraordinary general meeting (EGM) scheduled for…
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A CBI investigation into Yes Bank and Reliance Group transactions has uncovered a complex scheme of fund diversions. Shell companies were allegedly used to channel money, causing significant losses to the bank. The probe, involving the Enforcement Directorate, focuses on…
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Indian automakers are poised for double-digit profit growth in the September quarter, driven by strong demand for two-wheelers and tractors. While passenger vehicle segment growth remains soft due to supply issues, tax cuts and festive demand are expected to boost…
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Indian business confidence saw a dip in July-September. This followed three quarters of improvement. A US tariff and global uncertainties impacted sentiment. However, firms still expect production and exports to rise in the coming months. The overall economic outlook remains…
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