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New Delhi, Aug 28 (PTI) Audit committees at companies should ensure the independence of auditors, NFRA Chairperson Nitin Gupta said on Thursday, as he stressed the importance of good corporate governance practices. He also listed out various fundamental principles for sound financial reporting, including the key role of external auditors. The National Financial Reporting Authority (NFRA) has been taking steps to boost sound financial reporting practices and is also taking action against auditi ...Read More >
New Delhi, Jul 17 (PTI) The government has appointed Nitin Gupta, former Chairman of CBDT, as the Chairperson of the National Financial Reporting Authority (NFRA). Besides, Smita Jhingran, P Daniel and Sushil Kumar Jaiswal have been appointed as Full Time Members of the regulator, according to a source. The post of the NFRA Chairperson has been lying vacant after the three-year tenure of Ajay Bhushan Prasad Pandey ended on March 31. In April, the government gave the Competition Commission of I ...Read More >
Mumbai: Zee Entertainment Enterprises Ltd failed to secure shareholder approval for its proposal to issue fully convertible warrants to promoter group entities on a preferential basis at an extraordinary general meeting (EGM) on Thursday. The rejection of the resolution highlights growing shareholder concerns over corporate governance and promoter influence, market watchers said. While 60% participating shareholders voted in favour of the resolution at the EGM, it fell short of the 75% thresho ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, M ...Read More >
Bhopal (Madhya Pradesh): Chartered Accountancy (CA) has emerged as one of the favourite career choices of students from Madhya Pradesh. Around 22,000 students in the state are at various stages of completing the CA course - Foundation, Intermediate and Final. The state has around 12,500 qualified chartered accountants. Around 800 students from the state qualify the CA examination every year. The pass percentage has grown from 5% in 2010 to 14% -15% now. According to chairman of the Bhopal bran ...Read More >
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