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| ICAI to withdraw proceedings against PW Delhi | 04-NOV-09 |
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| Accountancy regulator Institute of Chartered Accountants of India (ICAI) today agreed to withdraw disciplinary proceedings against the Delhi branch of the audit firm Price Waterhouse (PW) in the multi-crore Satyam scam. |
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| I-T Department serves fresh notice on DLF | 27-OCT-09 |
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| The Income Tax (I-T) Department has issued a fresh notice to realty major DLF even as it’s appeal against an additional tax liability imposed on it by the I-T Department is being heard. |
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| Staff crunch may create hurdles: CLB chairman | 22-OCT-09 |
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| The outgoing chairman of the Company Law Board (CLB) S Balasubramaniam on Wednesday said that lack of qualified manpower at independent quasi-judicial body could impede its functioning in the medium-term, especially considering the delay in the implementation of the proposed National Company Law Tribunal (NCLT). |
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| ICAI seeks details of RCom's books to nail auditor | 14-OCT-09 |
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| Accounting regulator ICAI today said it has asked Reliance Communications (RCom), which is under attack for alleged fudging of accounts and evasion of licence fee, to provide financial details before it can initiate action against the teleco's auditors. |
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| Accounting for Satyam | 08-OCT-09 |
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| Nine months have passed since the country’s largest financial scandal hit Satyam Computers, after its promoter Ramalinga Raju confessed to a fraud that its auditors had failed to detect. The government acted swiftly. In about 100 days, a new, government-appointed board facilitated Satyam’s acquisition by the Mumbai-headquartered Tech Mahindra through a bidding process, and thus saved Satyam from collapse. Such speed of action was missing elsewhere. |
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| ICAI finds Satyam ex-CFO, PW auditors guilty | 29-SEP-09 |
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| The Institute of Chartered Accountants of India (ICAI) has found two top officials of Satyam Computer Services and four auditors of Price Waterhouse prima facie guilty in the Rs 7,800-crore fraud case, a top ICAI official said today. |
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| Roadmap under preparation to meet IFRS deadline | 22-SEP-09 |
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| With the April 1, 2011, deadline for implementation of International Financial Reporting Standards (IFRS) getting closer, efforts are being stepped up in India to meet the deadline. |
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