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New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of De ...Read More >
PR Ramesh, former chairman of Deloitte India, has joined VerSe Innovation, the parent company of news platforms Dailyhunt and the short-video app Josh, as an independent director, the company said in a statement on Tuesday. Key Responsibilities at VerSe At VerSe, Ramesh will also head the audit committee and will be responsible for overseeing financial reporting, internal controls, risk management, regulatory compliance, and audit functions. Strong Industry Experience He brings extensive exp ...Read More >
Mumbai, Oct 18 (PTI) Private sector lender IndusInd Bank on Saturday reported a loss of Rs 437 crore in the September quarter, as it chose to identify and provide for additional stress in the microfinance portfolio. The Hinduja group-promoted lender had reported a net profit of Rs 1,331 crore in year-ago period and Rs 604 crore in the preceding June quarter. In March, it booked a loss of Rs 2,329 crore amid a crisis over shoddy corporate governance, wrongful accounting practices and executive ...Read More >
New Delhi, Sep 30 (PTI) Man Industries on Tuesday said the SEBI bar on the company and its three senior executives from accessing the securities markets for two years carries no material impact on its current or future operations. "With a strong order book, improving margins, disciplined governance, and a robust capex pipeline, the company is well positioned to deliver sustainable growth and value for shareholders," the firm, which is a leading global manufacturer and exporter of large diameter ...Read More >
PNNBangalore (Karnataka) [India], September 27: India's most ambitious finance talent chooses Miles Education for one reason: outcomes. If you're aiming for the world's premier management accounting credential, start with clarity: Certified Management Accountant is the full form of CMA, issued by IMA (USA) and trusted by employers across industries. With 70,000+ alumni, university partnerships, and deep employer collaborations, Miles converts aspiration into offers-and your application is the fi ...Read More >
PNNBengaluru (Karnataka) [India], September 27: If you are dreaming of a future where you lead in finance, the CMA certification is your passport to a globally recognized, future-proof career in management accounting. At Miles Education, we've empowered more than 70,000 students to step into high-impact finance roles across the world. To put it simply, the CMA Full Form is Certified Management Accountant, and the CMA course full form signals more than just a degree-it represents a powerful edge ...Read More >
Excelsior Correspondent MUMBAI, Sept 12: Buoyed by a significant surge in operating profit, the Bombay Mercantile Cooperative Bank unveiled a series of new initiatives including innovative loan products and strategic deployment of surplus funds to propel its growth trajectory to new heights. At the 88th Annual General Meeting (AGM) today, Chairman Zeeshan Mehdi addressed stakeholders, highlighting the Bank's strong financial performance for the Financial Year 2024-25. The Bank's operating pro ...Read More >
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 >
Investing.com-- Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules. Super Micro shares jumped 36% to $29.30 by 18:32 ET (23:32 GMT). The server maker said it believed it will be able to complete its annual and quarterly reports, although it did not specify when it would do so. "BDO is a highly respected accounting firm with g ...Read More >
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