Search result for 'accountant'

SpiceJet CFO Resigns: Joyakesh Podder Appointed as Head of Finance

July 16, 2024 21:00

SpiceJet's CFO Ashish Kumar resigns less than two years after appointment. Joyakesh Podder takes over as Head of Finance. Read more about the changes and the airline's financial performance.

ICAI to Set Up Section 8 Company for Mediation & Arbitration

July 12, 2024 21:19

ICAI is establishing a Section 8 company for mediation and arbitration activities, as per directives from the Law Ministry. The move aims to enhance dispute resolution capabilities in India.

IBC Transparency & Faster Resolution for Better Recovery: IBBI Chief

July 12, 2024 17:20

IBBI chief urges insolvency professionals for transparency, faster resolution of stressed assets under IBC for better recovery, emphasizing genuine innovations and improved information memoranda.

Sandeep Kumar Appointed Director (Finance) at PFC

July 11, 2024 18:46

Sandeep Kumar, former Executive Director (Finance) at PFC, has been appointed as Director (Finance) at the power finance company, effective July 11, 2024.

Greaves Finance Appoints New CEO for EV Financing

July 4, 2024 20:47

Greaves Finance appoints P B Sunil Kumar as its new ED & CEO to accelerate financing in the electric vehicle segment. Kumar will lead evfin, the company's EV finance platform.

ED Arrests 3 in Fraudulent Company Takeover

July 3, 2024 20:12

The Enforcement Directorate (ED) has arrested 3, including a CA, for allegedly defrauding a consortium of banks and regaining control of an insolvent company.

Sebi Makes Email Default for Consolidated Account Statements

July 2, 2024 15:34

Sebi mandates email as the default mode for dispatching Consolidated Account Statements (CAS) by depositories and Mutual Fund-RTAs, effective April 1, 2024.

India Aims for 'Big Four' Accounting Firms: Govt Plans Aggregation, Insurance Standards

July 1, 2024 21:03

India's government is working with ICAI to create a global 'Big Four' of accounting firms. Plans also include new accounting standards for the insurance sector and LLPs.

RBI Appoints Two New Executive Directors

July 1, 2024 19:09

The Reserve Bank of India (RBI) has appointed Arnab Kumar Chowdhury and Charulatha S Kar as executive directors, each overseeing three departments.

RBI Appoints Arnab Kumar Chowdhury as New Executive Director

July 1, 2024 17:53

The Reserve Bank of India has appointed Arnab Kumar Chowdhury as executive director, responsible for DICGC, foreign exchange and international departments.

GST: Simplified Compliance, Challenges Remain

June 30, 2024 16:45

India's GST has boosted tax revenue and simplified compliance, but fake invoices and fraudulent registration remain major concerns. Learn more about the impact of GST on Indian economy.

Sebi Raises Demat Account Limit to Rs 10 Lakh

June 28, 2024 19:21

Sebi increases the threshold for basic service demat accounts to Rs 10 lakh from Rs 2 lakh to boost small investor participation in the stock market. The new guidelines will come into effect from...

India's Current Account Surplus: CRISIL Report

June 26, 2024 16:46

CRISIL reports India's current account surplus in Q4 FY24 was aided by narrowing trade deficit, higher remittances and services trade surplus.

Punjab & Sind Bank Partners with Indian Army for Salary Accounts

June 25, 2024 16:53

Punjab & Sind Bank has partnered with the Indian Army to offer a comprehensive salary package with benefits like insurance cover and exclusive features for serving personnel, veterans, and Agniveers.

India Records Current Account Surplus in March Quarter: RBI

June 24, 2024 17:50

India recorded a current account surplus of USD 5.7 billion in the March quarter, a significant improvement from the deficit in the previous quarter. The Reserve Bank of India (RBI) attributes this...

Canara Bank X Account Compromised: Investigation Underway

June 23, 2024 17:57

Canara Bank has confirmed that its X (formerly Twitter) account has been compromised. The bank is investigating the incident and working to regain access.

Canara Bank X Account Hacked: Customers Advised Not to Use

June 23, 2024 16:32

Canara Bank's official X account has been hacked. The bank is investigating and working to regain access. Customers are advised not to use the account until restored.

ESAF Bank's Dabba Savings Account Wins Cannes Lion for Financial Inclusion

June 23, 2024 14:20

ESAF Small Finance Bank's Dabba Savings Account campaign wins a Cannes Lion for promoting financial inclusion among women in India.

Bank of England Holds Rates at 16-Year High Despite Inflation Fall

June 20, 2024 19:33

The Bank of England kept interest rates at 5.25% despite inflation reaching the target of 2%, with concerns over potential price rises. The decision comes ahead of the UK election.

Rajesh Kumar Dwivedi takes charge as Director (Finance), BHEL

June 20, 2024 12:36

Rajesh Kumar Dwivedi has assumed the role of Director (Finance) at BHEL, bringing over 32 years of experience in the power sector. He previously served as General Manager ''Head - Corporate Finance...

Veranda Learning targets Rs 600 cr revenue through institutional partnerships

June 18, 2024 18:02

Veranda Learning Solutions aims to train over 3 lakh students in the next 5 years through institutional partnerships, targeting Rs 600 crore in revenue.

HPCL Top Post: No Suitable Candidate Found, Govt Headhunter Rejects All

June 16, 2024 10:53

The PESB has rejected all candidates for the HPCL CMD post, marking the third instance in recent years where the board has failed to find a suitable candidate for a state oil firm.

UK Economy Stalls Ahead of Election

June 12, 2024 16:31

The UK economy saw no growth in April, impacting Prime Minister Sunak's election campaign. The flat reading follows a strong first quarter and comes ahead of inflation and interest rate...

FIU Fines Axis Bank Rs 1.66 Cr for NSG Fraud Account

June 12, 2024 15:09

The Financial Intelligence Unit (FIU) has fined Axis Bank Rs 1.66 crore for failing to detect a fraudulent account opened in the name of the NSG, a counter-terrorist force. The FIU found the bank...

Govt re-initiates process to find new IOC chairman, retirement age kept at 60 years

June 5, 2024 17:04

The Indian government seeks a new chairman for IOC, with applications open to qualified engineers, accountants, and managers. Candidates must meet the age eligibility criteria and have experience...

RBI Allows Rupee Accounts Outside India: Internationalization Plan

May 30, 2024 21:34

The Reserve Bank of India (RBI) will permit the opening of rupee accounts outside India as part of its strategic action plan to internationalise the domestic currency.

Sebi Requires Annual Impact Report from Social Enterprises on SSE

May 27, 2024 17:04

Sebi mandates social enterprises registered on the Social Stock Exchange (SSE) to submit an annual impact report by October-end, covering social impact generated.

ICAI Startup Sphere: $200 Million Funding Event in Bengaluru

May 23, 2024 21:17

ICAI's Startup Sphere 2024 aims to raise over $200 million for startups in Bengaluru. The event, held June 27-29, will connect entrepreneurs and investors.

EPFO Adds 14.41 Lakh Members in March 2024

May 20, 2024 19:16

EPFO recorded a net addition of 14.41 lakh members in March 2024, with a significant number of new members in the 18-25 age group. The data also highlights an increase in female membership,...

NFRA Fines Auditors Rs 2.5 Cr in Reliance Commercial Fin Case

May 20, 2024 17:34

The National Financial Reporting Authority (NFRA) has imposed a Rs 2.5 crore penalty on two auditors for professional misconduct and auditing lapses in the Reliance Commercial Finance case for...

ICAI Punishes PwC Affiliates for Professional Misconduct

May 17, 2024 21:24

The Institute of Chartered Accountants of India (ICAI) has penalized five affiliates of Price Waterhouse for professional misconduct, including sharing resources and using the PwC brand. Learn more.

Harsh Baweja Appointed Director Finance of REC Ltd

May 14, 2024 15:08

Harsh Baweja, a chartered accountant with 33 years of experience, has been appointed Director Finance of REC Ltd. His focus will be on securing low-cost borrowing, driving growth, and leading...

Bank of England Hints at Rate Cut in June | Inflation Update

May 9, 2024 19:22

The Bank of England keeps rates steady but signals a potential cut in June as inflation falls below target. The decision comes as UK economy struggles with high borrowing costs.

Bank of England Hints at Rate Cut as Inflation Falls

May 9, 2024 17:18

The Bank of England hinted at a possible interest rate cut, despite keeping rates unchanged, as inflation is expected to fall below target in the coming months.

CMAs Cooperative Digest: First Edition Released

May 7, 2024 17:44

The first edition of the quarterly journal 'CMAs Cooperative Digest' was released by Cooperation Secretary Ashish Kumar Bhutani, highlighting the collaboration between ICMAI and NCCT for...

IOB to Sell 92 NPA Accounts Worth Rs 13,472 cr

May 5, 2024 20:11

Indian Overseas Bank (IOB) will sell 92 non-performing loans with an aggregate outstanding of Rs 13,471.68 crore through an e-auction on May 28. The bank invites expressions of interest (EoI) from...

ICAI Proposes Tax Incentives for Green Energy Projects

April 29, 2024 20:50

The Institute of Chartered Accountants of India (ICAI) has proposed tax incentives for entities engaged in green projects, skill development, and education of girl child.

ICAI Orders Against EY Affiliates for Professional Misconduct

April 28, 2024 23:09

The Institute of Chartered Accountants of India (ICAI) has ordered against three EY affiliates and a retired partner for professional misconduct, including using global network branding and failing...

ICAI Orders Against EY Affiliates for 'Professional Misconduct'

April 28, 2024 19:01

The Institute of Chartered Accountants of India (ICAI) has passed an order against three EY affiliates and a retired partner for 'professional misconduct'. The order, dated April 25, is against S R...

Trump Stock Plunge: Short Sellers Profit

April 26, 2024 22:13

Short sellers are profiting from the decline of Trump Media & Technology stock, betting on its financial struggles and volatile trading. But risks remain high.

Reverse Migration to India Begins: FM Sitharaman

April 22, 2024 21:43

India is witnessing reverse migration as people with global footprints return to start businesses, says Finance Minister Nirmala Sitharaman. She emphasizes the benefits of formalization for...

Sebi Fines LEEL Electricals Rs 14 Cr for Accounts Manipulation

April 18, 2024 20:12

Sebi has slapped fines totaling Rs 14.2 crore on LEEL Electricals' promoter and six former officials for manipulating the company's accounts. The individuals have also been barred from the...

Sikkim Budget: Rs 6,073 Crore Vote on Account for April-September

March 1, 2024 22:51

Sikkim Chief Minister Prem Singh Tamang presented the vote on account for Rs 6,073.25 crore, covering revenue and capital expenditure for April to September. The discussion and voting will take...

NHPC Appoints Rajendra Prasad Goyal as CMD

March 1, 2024 17:26

Rajendra Prasad Goyal has assumed the additional charge of Chairman and Managing Director of NHPC, India's largest hydropower development organization.

Manipur Vote-on-Account: Rs 34,040 cr Expenditure

February 28, 2024 22:36

Manipur Chief Minister N Biren Singh presented a vote-on-account for the financial year 2024-25 with a total expenditure estimated at Rs 34,040 crore. The vote-on-account is intended to better...

UP Pensioners' Issues to be Resolved: Finance Minister

February 28, 2024 17:49

Uttar Pradesh Finance Minister Suresh Kumar Khanna assures timely and error-free pension payments for all pensioners, highlighting the new Pension Directorate building and its purpose.

CAG-ICAI Initiative: Certified Accountants for Local Bodies

February 28, 2024 14:38

CAG Girish Chandra Murmu announces an initiative with ICAI to create a pool of certified accountants for local bodies, aiming to improve financial management in rural areas and assist small...

MobiKwik Pocket UPI: Make UPI Payments Without Linking Bank Account

February 27, 2024 21:12

MobiKwik introduces ''Pocket UPI'', allowing users to make UPI payments without linking their bank account, enhancing budgeting and finance management.

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 17:32

India's corporate affairs ministry has ordered an expedited inspection of BYJU'S financials, seeking a report on the embattled edtech firm's books. This follows recent shareholder action to remove...

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 17:23

India's corporate affairs ministry has expedited the inspection of BYJU'S financials, seeking a report from its regional office. The move follows recent controversies at the edtech firm, including...

BYJU'S Inspection Expedited: Govt Seeks Report

February 26, 2024 14:01

India's corporate affairs ministry has asked its officers to expedite the inspection of BYJU'S books, following concerns about the edtech firm's finances and governance.

Paytm Advisory Panel Discusses Terms of Reference

February 26, 2024 12:41

Paytm's advisory committee, led by former Sebi chairman M Damodaran, is engaging with the company on its terms of reference. The panel was set up after the RBI's action on Paytm's payments bank...

ICAI to Review Paytm Issue, Byju's Scrutiny Progressing

February 25, 2024 17:57

ICAI's financial reporting review board may consider Paytm Payments Bank Ltd issues, while the review of Byju's is progressing well. The board is empowered to review financial statements of listed...

ICAI to Open 11 Centres of Excellence in India

February 24, 2024 19:32

The Institute of Chartered Accountants of India (ICAI) plans to open 11 Centres of Excellence across India in the next two years, with the Kolkata chapter launching by December 2024.

Sebi Attaches DHFL Promoters' Accounts for Disclosure Violations

February 22, 2024 15:52

Sebi has ordered the attachment of bank and demat accounts of Dheeraj and Kapil Wadhawan, former DHFL promoters, to recover dues exceeding Rs 22 lakh due to disclosure violations.

X Disagrees with India's Block on Farmer Protest Accounts

February 22, 2024 09:42

X opposes India's order to block accounts linked to farmers' protests, citing freedom of expression. The company calls for transparency in government actions.

AI to Free Up Time for Chartered Accountants: ICAI Prez

February 21, 2024 17:54

ICAI President highlights the role of AI in assisting chartered accountants, freeing up time for analytical work and increasing demand for the profession.

UK, Canada CAs May Practice in India: ICAI Prez

February 21, 2024 16:32

The Institute of Chartered Accountants of India (ICAI) has proposed allowing chartered accountants from the UK and Canada to practice in India on a reciprocal basis. This is part of India's ongoing...

UK, Canada CAs May Practice in India: ICAI

February 21, 2024 13:14

The Institute of Chartered Accountants of India (ICAI) proposes allowing chartered accountants from the UK and Canada to practice in India on a reciprocal basis, as part of ongoing FTA negotiations.

ICAI to Boost Tax to GDP Ratio, Green Finance: President Agarwal

February 21, 2024 12:31

The Institute of Chartered Accountants of India (ICAI) will suggest ways to increase the tax to GDP ratio and promote green finance. President Ranjeet Kumar Agarwal outlines the ICAI's vision.

India Opposes E-comm Duty Moratorium at WTO Meeting

February 20, 2024 21:31

India opposes extending the moratorium on customs duties for e-commerce at the WTO meeting in Abu Dhabi, arguing it harms developing countries. Learn more about the potential impact and India's...

Farmers' Protest: Govt Blocks 177 Social Media Accounts

February 20, 2024 21:17

The Indian government has temporarily blocked 177 social media accounts and web links related to the farmers' protest, citing law and order concerns.

NBCC Wins Rs 332 Crore Order for Rani Lakshmi Bai University

February 20, 2024 16:53

NBCC secures a Rs 332 crore contract to develop infrastructure for Rani Lakshmi Bai Central Agriculture University across multiple campuses in Jhansi, Datia, Newari, and Morena/Khajuraho.

Paytm Shifts Nodal Account to Axis Bank: Continuity of Transactions

February 16, 2024 20:34

Paytm shifts its nodal account to Axis Bank, ensuring continuity of Paytm QR, Soundbox, and card machine operations after the RBI's March 15 deadline. Read more.

Paytm Shifts Nodal Account to Axis Bank: Continuity of Transactions

February 16, 2024 20:03

Paytm moves its nodal account to Axis Bank, ensuring smooth operation of Paytm QR, Soundbox, and card machines after the RBI deadline.

BSE Warns Investors of Fake Social Media Accounts

February 15, 2024 18:09

BSE issues caution against fraudulent social media handles impersonating the exchange on platforms like LinkedIn, Twitter, YouTube, Facebook, and Instagram. Investors are advised to verify...

Muskmelon Seed Import License: India Invites Applications

February 14, 2024 19:29

The Indian government has invited applications for import licenses for 1,200 tonnes of muskmelon seeds, with a deadline of February 22. The import limit for watermelon seeds is set at 33,800 tonnes.

Muskmelon Seed Import License: India Opens Applications

February 14, 2024 19:18

India invites applications for import licenses for 1,200 tonnes of muskmelon seeds. The deadline to apply is February 22, 2024. Only actual users can apply.

IRCTC Appoints Sanjay Kumar Jain as CMD

February 14, 2024 18:32

Sanjay Kumar Jain, former PCCM of Northern Railway, has been appointed as Chairman and Managing Director of IRCTC. Jain, an IRTS officer and CA, will hold the position until 2026.

Muskmelon Seed Import License: India Opens Applications

February 14, 2024 18:27

India invites fresh applications for import licenses of muskmelon seeds, capped at 1,200 tonnes. Deadline for applications is February 22.

ICAI Elects New President & Vice President - Ranjeet Kumar Agarwal & Charanjot Singh Nanda

February 12, 2024 18:30

The Institute of Chartered Accountants of India (ICAI) has elected Ranjeet Kumar Agarwal as President and Charanjot Singh Nanda as Vice President for the 2024-25 term. Learn more about their...

Paytm Forms Advisory Panel Amid Regulatory Scrutiny

February 9, 2024 19:50

Paytm sets up a group advisory committee headed by former Sebi Chairman M Damodaran to address compliance and regulatory issues after its payments bank faced action for non-compliance with RBI norms.

Virtual Accounts Misuse: Parliamentary Panel Demands Action

February 8, 2024 22:49

A Parliamentary panel has expressed concern over the misuse of virtual accounts for cyber frauds and urged ministries to develop mechanisms to prevent such activities.

Odisha Interim Budget: Rs 1.18 Lakh Crore Vote-on-Account

February 8, 2024 20:42

Odisha Finance Minister presents an interim budget of Rs 1.18 lakh crore for the first four months of the 2024-25 fiscal, highlighting key allocations for agriculture, healthcare, and infrastructure.

Rajasthan Interim Budget: Diya Kumari Presents Vote on Account

February 8, 2024 11:17

Rajasthan Deputy CM Diya Kumari presented the interim budget, a vote on account, in the assembly today. The full budget will be presented in July.

FAA to Hold Boeing Accountable for Safety Violations

February 6, 2024 16:54

The FAA's new chief says the agency will increase oversight and hold Boeing accountable for any safety violations following a recent incident with a Boeing 737 Max 9.

Sitharaman Slams Claims of Centre Withholding Funds, Calls it 'Politically-Vitiated Narrative'

February 5, 2024 14:26

Finance Minister Nirmala Sitharaman refutes allegations that the Centre is withholding funds from non-BJP governed states, calling it a politically motivated narrative. She emphasizes that the...

Job Market Strong Despite Layoffs: Tech, Finance & Media Hit

February 3, 2024 18:09

Despite tech, finance & media layoffs, the US job market remains strong with a low unemployment rate and consistent hiring across most industries. Learn why.

udaan Announces Senior-Level Changes, CFO Resigns

January 22, 2024 16:16

udaan, an e-B2B platform, announces senior-level changes, with Group CFO Aditya Pande resigning and Kiran Thadimarri taking on additional responsibilities. Vishnu Menon also assumes a new role in...

Insolvency Professionals' Crucial Role in Pre & Post Resolution: Report

January 17, 2024 22:05

A new report highlights the vital role of insolvency professionals in pre & post-resolution stages, emphasizing early stress detection and intervention for corporate success.

CCI Extends Deadline for Turnover Norms Comments

January 16, 2024 22:14

The Competition Commission of India (CCI) has extended the deadline for submitting comments on the proposed draft regulations for determination of 'turnover' of enterprises till January 25. The...

MCA Seeks Feedback on Companies & LLP Rules

January 16, 2024 21:17

The Ministry of Corporate Affairs (MCA) is seeking public comments on rules under the Companies Act, 2013 and Limited Liability Partnership Act, 2008.

Sebi Mandates Voluntary Trading Account Blocking for Clients

January 12, 2024 21:01

Sebi is implementing a framework by April 1st allowing brokers to offer clients the ability to voluntarily block their trading accounts to prevent suspicious activities.

NFRA Fines Auditor Rs 50 Lakh for Quess Corp Case

January 4, 2024 21:30

The National Financial Reporting Authority (NFRA) has penalized an auditor Rs 50 lakh for professional misconduct in the Quess Corp Ltd case for FY19 to FY21.

Women's Economic Participation: Birla Calls for 'Double Engine' Growth

January 4, 2024 20:39

Kumar Mangalam Birla advocates for greater women's participation in India's economy, calling for 'double engine' growth. He emphasizes the untapped potential of women in boosting India's economic...

UPI Charges for Large Merchants in 3 Years: NPCI CEO

January 4, 2024 18:29

NPCI CEO Dilip Asbe expects large merchants to start paying charges for UPI payments within the next three years, as the system evolves to accommodate new innovations and user growth.

Sebi Attaches Bank, Demat Accounts in GDR Manipulation Case

January 3, 2024 22:17

Sebi has ordered the attachment of bank and demat accounts of Arun Panchariya to recover over Rs 26 crore due in a GDR manipulation case involving Hiran Orgochem.

Goldman Sees India's Current Account Deficit Falling to 1% in FY24

January 2, 2024 16:13

Goldman Sachs projects India's current account deficit to fall to 1% of GDP in FY24, driven by strong inflows and a weaker dollar. The brokerage expects robust capital flows and a balance of...

Ashok Vaswani Takes Charge as Kotak Mahindra Bank CEO

January 1, 2024 15:09

Veteran banker Ashok Vaswani has taken over as the Managing Director and CEO of Kotak Mahindra Bank, replacing Dipak Gupta. The appointment was approved by the Reserve Bank of India in October 2023.

Haryana OTS Scheme: Pre-GST Tax Settlement - 2023

December 31, 2023 20:44

Haryana launches One Time Settlement (OTS) Scheme for pre-GST tax liabilities. Traders can settle outstanding taxes till June 30, 2017, with exemptions and installment options.

Indian Overseas Bank Launches Online Savings Account Portability

December 31, 2023 16:07

Indian Overseas Bank introduces online savings account portability, simplifying account transfers for customers relocating for career or education. Customers can easily transfer their accounts...

Govt Pilot Program: Coop Members Open Accounts in Coop Banks

December 29, 2023 20:18

India's government will pilot a program in two districts where cooperative members must open bank accounts only at cooperative banks. Amit Shah also highlights the strengthening of the cooperative...

Amit Shah Urges Co-op Bank Accounts in Gujarat

December 29, 2023 18:11

Union Minister Amit Shah calls for cooperative entities in Gujarat to open accounts in co-op banks, citing a successful pilot project. He also announced plans for new PACS and a National...

Sebi Eases Guidelines for Stock Broker Client Account Settlement

December 28, 2023 19:36

Sebi has eased guidelines for settling client accounts, allowing stock brokers to settle running accounts on the first Friday or Saturday of the quarter or month. The new framework aims to...

LIC Appoints SS Krishnan as Chief Risk Officer

December 27, 2023 21:24

Life Insurance Corporation of India (LIC) has appointed S Sunder Krishnan as its new Chief Risk Officer, replacing Pratap Chandra Paikray. Krishnan brings extensive experience from Reliance Nippon...

India's Current Account Deficit Falls to 1% of GDP in Q2

December 26, 2023 17:52

India's current account deficit narrowed to 1% of GDP in the July-September quarter, driven by lower merchandise trade deficit and growth in services exports.

China Offers Consular Support to Vivo Employees in India

December 25, 2023 20:19

China vows to protect the rights of Vivo employees arrested in India and calls for a fair business environment. The arrests are part of India's money laundering probe against the Chinese smartphone...

CCI Seeks Feedback on Turnover Calculation for Penalty

December 24, 2023 20:48

The Competition Commission of India (CCI) seeks stakeholder comments on proposed regulations to determine enterprise turnover for penalty calculation. The proposed regulations exclude indirect...

20% of Jan Dhan Accounts Inoperative: MoS Finance

December 19, 2023 18:45

About 20% of the 51.11 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Bhagwat K Karad said in Rajya Sabha. The inoperative accounts hold a...

Jubilant FoodWorks Appoints Suman Hegde as CFO

December 19, 2023 14:34

Jubilant FoodWorks, master franchisee of Domino's Pizza and Dunkin' Donuts, appoints Suman Hegde as Executive Vice President and Chief Financial Officer, effective March 1, 2024.

PMJDY Empowers Unbanked: 51 Crore Accounts Opened

December 18, 2023 21:22

Pradhan Mantri Jan Dhan Yojana (PMJDY) has empowered over 51 crore unbanked citizens with financial inclusion and access to banking facilities. Learn about the scheme's impact and key achievements.

ICAI Launches Training for Panchayat & Municipal Accountants

December 16, 2023 19:53

The Institute of Chartered Accountants of India (ICAI) launches a nationwide training program to strengthen financial governance in panchayats and municipalities. The initiative includes an MoU...

Hero MotoCorp Appoints New CFO Vivek Anand

December 14, 2023 22:18

Hero MotoCorp has appointed Vivek Anand as its new CFO, effective March 1, 2024. Anand brings over 25 years of experience in various industries.

No GST Dues Pending, States Yet to Submit Reports: Sitharaman

December 12, 2023 16:52

Finance Minister Nirmala Sitharaman clarifies that no GST dues are pending from the Centre, stating that some states haven't submitted the AG's report for release of funds.

ED Files Charge Sheet Against Vivo-India in Money Laundering Case

December 7, 2023 18:50

The Enforcement Directorate has filed a charge sheet against Chinese smartphone maker vivo-India for money laundering, alleging illegal transfer of Rs 62,476 crore to China. The case involves...

Cross-border Insolvency: Country-Specific Issues - IBBI

December 6, 2023 20:40

IBBI's Sudhaker Shukla highlights the importance of considering country-specific issues in cross-border insolvency frameworks, emphasizing learning from best practices and adapting them to the...

UCO Bank Surprise Credits: CBI Probes Thousands of Accounts

December 6, 2023 18:23

CBI investigates Rs 820 crore surprise credits in UCO Bank accounts, focusing on thousands of recipient accounts opened around transfer dates.

Magenta Mobility Appoints New CFO - Aravind Kumar S R

December 6, 2023 11:24

Magenta Mobility has appointed Aravind Kumar S R as its Chief Financial Officer, bringing extensive experience in finance and leadership to the electric mobility firm.

Online Gaming Ethics Code Signed in India - Safer, Accountable Sector

December 5, 2023 21:27

India's online gaming industry has adopted a voluntary code of ethics focused on user protection, transparency, and responsible gaming practices. Learn more.

NFRA Has Retrospective Jurisdiction Over Auditors: NCLAT

December 3, 2023 15:59

NCLAT upholds penalty imposed by NFRA on DHFL auditors, ruling that it has retrospective jurisdiction over misconduct. The decision impacts auditors' responsibilities and investor confidence.

Sebi Chief: Escrow Accounts for Urban Infra Funding

November 29, 2023 20:54

Sebi's Madhabi Puri Buch suggests municipalities use escrow accounts to attract investment in urban infrastructure projects, emphasizing credit ratings and digital mechanisms for credit enhancement.

IDBI Bank Asset Valuer Bids Invited Again - DIPAM

November 29, 2023 19:42

The Indian government has issued a fresh RFP for appointing an asset valuer for IDBI Bank, after canceling the previous bid process due to lack of bidders. The deadline for submitting bids is...

IDBI Bank Asset Valuer Bids Invited: DIPAM RFP

November 29, 2023 17:45

Indian government issues fresh RFP for appointing asset valuer for IDBI Bank. Last date for bids is January 5. DIPAM had previously cancelled bids due to low interest.

Gen AI Impact on Jobs: White Collar vs. Blue Collar - Report

November 27, 2023 20:35

Report highlights the potential impact of generative AI on jobs, suggesting it could pose a greater threat to white-collar roles like accounting and administrative tasks than blue-collar jobs.

Kerala CM Accuses Sitharaman of Misleading Public

November 27, 2023 15:42

Kerala CM Pinarayi Vijayan accuses Union Finance Minister Nirmala Sitharaman of misleading the public on the Centre's alleged neglect of the state.

Kerala Fund Dispute: Sitharaman Rejects Neglect Claims, Highlights Disbursements

November 25, 2023 17:02

Union Finance Minister Nirmala Sitharaman refutes Kerala's accusations of fund neglect, asserting timely disbursement and highlighting state's failure to meet criteria. Learn about the ongoing...

RBI Supersedes Abhyudaya Co-op Bank Board for Poor Governance

November 24, 2023 23:24

The Reserve Bank of India has superseded the board of Abhyudaya Cooperative Bank due to concerns over poor governance, appointing an administrator to manage the lender. The bank will continue...

RBI Supersedes Abhyudaya Coop Bank Board: Poor Governance

November 24, 2023 21:40

The Reserve Bank of India has superseded the board of Abhyudaya Cooperative Bank for one year due to poor governance standards. An administrator has been appointed to manage the bank's affairs.

RBI Supersedes Abhyudaya Coop Bank Board: Poor Governance

November 24, 2023 18:42

The Reserve Bank of India (RBI) has superseded the board of Abhyudaya Cooperative Bank for a year due to poor governance standards. An administrator has been appointed to manage the bank's affairs.

RBI Supersedes Abhyudaya Coop Bank Board: Poor Governance

November 24, 2023 18:38

The Reserve Bank of India (RBI) has superseded the board of Abhyudaya Cooperative Bank for one year due to poor governance standards. An administrator has been appointed to manage the bank's affairs.

Assocham Hosts B2B Meetings with UAE Delegation

November 5, 2023 18:03

Assocham organizes B2B meetings in Chandigarh on Nov 7-8 with a UAE delegation, focusing on business opportunities in SAIF Zone and global expansion for Indian companies.

India Cements Appoints V M Mohan as Additional Director

November 2, 2023 18:10

The Board of The India Cements Ltd has appointed V M Mohan as its additional Non-executive Non-Independent Director. Mohan, a chartered accountant with over 4 decades of experience, previously...

WhatsApp Bans 71.1 Lakh Indian Accounts in September

November 2, 2023 16:43

WhatsApp banned over 7.1 million Indian accounts in September, including 2.5 million proactive bans, according to the platform's monthly report. Learn about the types of actions taken and the...

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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