Last month, Infibeam Avenues had informed that its proposal had been approved by the Corporate Affairs Ministry
Infibeam Avenues, on receipt of anonymous third-party information, shared its preliminary findings to the Auditor, which has been verified and confirmed by the Auditor
Mumbai CSMT bridge collapse: Police arrest structural auditor who declared foot overbridge safe for use
The bridge linking the bustling CSMT train station collapsed Thursday evening leading to the death of six and leaving 31 injured.
Chief Financial Officer (CFO) Santosh Sharma was re-designated to another role.
PNB expects a Rs 14,500 crore loss in current financial year resulting due to frauds allegedly perpetrated by Nirav Modi and Mehul Choksi
Ineligible habitations were covered under the programme while eligible habitations were either left out or incorrectly shown as connected
Pilots of the low cost carrier who must either forego all their experience on the JetLite fleet or look for alternate employment.
Typically, a company is known as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bankruptcy risks.<br />
What is needed is a roots and branches reform of appointment of auditors - appointment through blind referencing, as it were.
Jet Airways, which registered a narrower Rs 217.6 crore loss in April-June, is betting on cost cuts and the launch of more international routes to return it to profitability by 2017
Will attempts to offload loss making subsidiary JetLite, frequent fare discount schemes and deeper operational synergies with Etihad really save Jet?
While the auditor of the firm has raised questions about its survival, the company believes it can turn things around even now.
The enactment of disclosure norms would be a significant preventive measure as enterprises are bound to be additionally careful if the reputation risk is enhanced.