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Govt puts some of country's top audit firms on its watch list

The audit regulator seeks info on audit processes, number of clients, non-audit work done for them and fees.

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Dec 14, 2019, 10.42 AM IST

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Rightsizing Railway Board: Transfer orders of 50 officers to zones issued

The transferred officers are from across railway cadres - 10 each f...

High Court clarifies allegations in contentious para of Chidambaram's bail order

Justice Suresh Kait said it is nowhere mentioned in paragrap...

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  • Uniforms of Rajya Sabha marshals were restyled from traditional Indian attire comprising turbans to dark navy blue and olive green military-style outfits with caps. Naidu mentioned in the House that the Secretariat of Rajya Sahba had come out with a new dress code for marshals.

    Air Costa is the second Indian airline, after Jet Airways, to undergo court-monitored debt resolution process under the Insolvency and Bankruptcy Code. Aviation regulator Director General of Civil Aviation had in June 2017 suspended the flying licence of the airline, making it officially wind up operations.

    The industrial-looking Cybertruck is covered in the same steel alloy Musk plans to use for his SpaceX Starship rocket and will be able to go from 0 to 100 kilometers (62 miles) per hour in about three seconds, the Tesla chief executive claimed in his presentation.

    In the special hearing on a holiday, the apex court issued notices to the Centre and Maharashtra government on the petition filed by the Shiv Sena-NCP-Congress combine against the governor's decision to swear in Fadnavis as the chief minister. The court also issued notice to Fadnavis and Deputy Chief Minister Ajit Pawar.

    Zomato is currently delivering 1.3 mn orders a day from 150,000 restaurants across India at more than 10 orders per restaurant per day. Swiggy has expanded its services to 500 cities in India, matching rival Zomato's reach. Swiggy, which has added 60,000 new restaurants in the past six months, said in October it would expand to 600 cities by December 2019.

    The Internet Service Providers Association of India (ISPAI) said the Department of Telecommunications (DoT) has unnecessarily imposed the order on internet service providers, many of which are run by entrepreneurs in smaller cities and towns.

    Delhi Police will initiate strict legal action against mischief mongers or those found indulging in any activity which may adversely affect the peace and public order.

    The SAT, in its order which set aside the ban on audit firm Price Waterhouse (PwC), had noted that SEBI does not have the power to bar auditors. Earlier, the SEBI had challenged SAT's decision to quash a two-year ban that was imposed on PwC in connection with the Rs 7,800 crore Satyam fraud.

    In its urban transportation business, the company bagged an order of Rs 853 crore for the construction of elevated viaduct along with 10 stations of the Delhi Metro Phase IV project, from Delhi Metro Rail Corporation (DMRC).

    The Sebi had barred the company and 12 of its promoter group entities from dealing in equity derivatives.

    Under the SC ruling, NCLT can grant an extension for debtors facing liquidation

    At a press conference, BJP leader and Law Minister Ravi Shankar Prasad alleged that the Congress' ruling family amassed properties worth more than Rs 2,000 crore through investment of just Rs 50 lakh in AJL and dubbed it as the "family model of development".

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