The ministry of corporate affairs is working on a proposal according to which audited annual accounts of companies would be scrutinised on a regular basis. Currently, the government directs special audits only in cases where irregularities come to li ..
Harish Salve, the counsel of Reliance Industries, will continue arguments in the second day of successive hearing of gas dispute between Ambani brothers in the Bombay High Court today.On Thursday, Harish Salve argued that the Memorandum of Understand ..
The Supreme Court today reserved its order on the plea of Sterlite Industries that it should be allowed to pursue their aluminium and refinery projects in Orissa as they have complied with the conditions set by the court some months ago.A bench heade ..
The Reserve bank is likely to finalise guidelines on mobile banking within two weeks to enable banks to roll-out cellphone-based payment services to their customers. "We are presently examining the comments received in response to the draft guidelin ..
IFCI Ltd has taken real estate major Emaar MGF to the Delhi High Court for not refunding it Rs 50 crore that it had given to the latter in a pre-IPO placement.Stating this, an IFCI executive said the company had no option but to take legal recourse t ..
Rolta India Ltd, an information technology firm which specialises in geospatial information systems and high-end engineering, has finalised a deal to acquire a US-based company that specialises in business intelligenceThe move is seen as the company' ..
Pending reforms in the banking sector, held up due to opposition from the Left parties, got a leg up on Thursday with the Union Cabinet's decision to issue an executive order to effect the merger of State Bank of Saurashtra (SBS) with its parent Stat ..
THE Union Cabinet today gave its approval for signing of the Agreement on the establishment of the South Asia Regional Standards Organisation (SARSO) during the forthcoming 15th SAARC Summit to be held in Colombo, Sri Lanka on 2nd - 3rd August 2008. ..
Broadcast regulator TRAI today said government regulating ratings on TV viewership is not advisable and suggested that a broadcaster or an advertiser should have stakes in rating agencies and vice versa to ensure neutrality of TRPs."Any form of gover ..
Recent developments in the Ranbaxy deal have heightened debate over the issue of conducting due diligence of operations of listed companies and whether an adverse development could lead to an open offer under the Sebi (Substantial Acquisition of Shar ..