Nfra

Infosys faces yet another class-action lawsuit in US to recover losses suffered by investors

US-based Schall Law Firm has said it will file a class-action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of "unethical practices" at the Indian IT major

Infosys row: Govt seeks details on wistleblower complaint to US market regulator against IT firm's management

Last week, it was reported that the market regulator Securities and Exchange Board of India (SEBI) might seek clarification from Infosys management on charges levelled by the whistleblower.

Infosys row: National Financial Reporting Authority to look into alleged accounting irregularities at IT-company

The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday

Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak

Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.

Auditors may soon have to compulsorily get registered with National Financial Reporting Authority

The NFRA would act as an independent regulator for the auditing profession.

Govt to improve norms for auditors, corporate professionals, says union minister P P Chaudhary

Union Minister P P Chaudhary's comments come against the backdrop of some auditing entities coming under the scanner of the Corporate Affairs Ministry following various complaints

Impact of PNB scam: Cabinet clears Fugitive Economic Offenders Bill 2018, auditing watchdog NFRA; key highlights

Here are key highlights of the Fugitive Economic Offenders Bill 2018 that the Union Cabinet approved on Thursday.

Cabinet approves Fugitive Economic Offenders Bill 2018; Arun Jaitley says Centre can't allow people to make 'mockery of law'

In a bid to tighten the noose around defaulters, the Cabinet has cleared the Fugitive Economic Offenders Bill 2018 and approved the establishment of National Financial Reporting Authority (NFRA), Finance Minister Arun Jaitley said.

Corp Affairs Ministry has memorable 2013 with law making, fraud fighting

The Ministry remained in focus during 2013 amid a host of high-profile cases of corporate misdoings, regulatory co-ordination to crackdown on fraudulent investment schemes.