India's richest man's endorsement of Congress candidate Milind Deora is a significant development in the current political climate, say political observers.
NEWS18/04/2019 9:18 PM IST
NEW DELHI―On Thursday morning, Milind Deora, the Congress candidate from Mumbai South constituency, tweeted a short video clip with a cross-section of people endorsing...
The audit income of Deloitte, EY, PwC, and KPMG could be hit due to the new capping and mandatory joint audit norms. They are auditing more than a dozen non-bank lenders and will have to give up many clients to comply with the mandate of the regulator.
Mannu AroraETCFOMay 03,...
Updated: 15 Feb 2022, 12:00 AM IST Jayshree P. Upadhyay
In the notes to account, the auditor for Sintex-BAPL highlighted an inter-corporate deposit given to Sintex Industries
Source : SIFY Author : Finance Desk Last Updated: Tue, Feb 18th, 2020, 15:27:53 hrs
India's most trusted, rich, and successful banker - Uday Kotak is alleged to have made gains of Rs 23,000 crores. The allegation has been made by financial analyst Hemindra Hazari, a SEBI registered analyst and columnist.
For...
The second such case at SBI puts the auditors' role under scanner; SBI becomes the 10th bank to falter in reporting non-perfoming assets based on RBI guidelines
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED:
Dec 13, 2019 03:30:20 PM IST UPDATED: Dec 13, 2019 06:04:59 PM IST
The role of auditors on...
KATYA NAIDUMAY 29, 2019, 19:43 IST
IndusInd Bank’s provision for losses from IL&FS may be too little too late, according to an analyst.The provision for bad loans in the latest quarter should have come at least eight months ago, says Hemindra Hazari.
To start with, Mumbai-based IndusInd’s profits fell by 62%...
"It would have been a shocker if RBI would have approved the merger. I am surprised RBI did not announce its decision earlier as the entity was in the news for the wrong reasons,” asserts research analyst Hemindra Hazari.
Altico Capital's default could put more pressure on Yes Bank's balance sheet and lead to greater scrutiny
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED: Sep 24, 2019 12:00:00 PM IST UPDATED: Sep 24, 2019 12:05:17 PM IST
Bad news surrounding yes Bank doesn’t seem to stop. In September, the default of...
Rohini Mohan and Debarshi Dasgupta PUBLISHED MAR 5, 2022, 11:43 PM SGT
