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The independent watchdog for the auditing profession is looking into alleged accounting issues at IL&FS and Infosys, following directives from the government.

Govt starts hiring process for National Financial Reporting Authority

There have been legal challenges for the NFRA, set up under the Companies Act, 2013.

24 Oct 2019 6:58 PM IST

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.

Vodafone Idea shares crumble over 27 pc in intra-day trade after SC...

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its...

24 Oct 2019 5:01 PM IST

TCIL served over 1.25 lakh international and more than 0.75 lakh Indians includinga few neighbouring countries.

TCIL has option to buy -"Thomas Cook-" brand: Offical

The collapse of Thomas Cook UK has no impact on the India travel and leisure company.

24 Oct 2019 3:57 PM IST

Revenue from operations in the second quarter stood at Rs 16,123.2 crore as against Rs 21,553.7 crore in the year-ago period.

Maruti Q2 net profit drops 39 per cent to Rs 1,391 crore

The company had posted a consolidated net profit of Rs 2,280.2 crore in the same period a year ago.

24 Oct 2019 2:24 PM IST

The Supreme Court made it clear that there would no further litigation on the issue and it would fix a time frame for calculation and payment of dues by the telecom companies.

SC allows Centre-'s plea to recover adjusted gross revenue of Rs 92k...

A three-judge bench, headed by Justice Arun Mishra, upheld the definition of adjusted gross revenue formulated by the...

24 Oct 2019 2:22 PM IST

MTNL has reported losses in nine of the past 10 years and BSNL too has been ringing in loss since 2010.

MTNL shares surge 5 pc; hit upper circuit on revival plan announcement

MTNL-'s scrip jumped 4.92 per cent to Rs 6.19 -- its upper circuit limit on the BSE.

24 Oct 2019 11:20 AM IST

The regulator has reportedly asked the stock exchanges to collate trading data of Infosys shares as well as derivative positions, while details are being sought about alleged non-disclosure of key information.

SEC investigates India-'s Infosys on whistleblower complaints

Securities and Exchange Board of India, had also requested additional information from the company concerning the...

24 Oct 2019 9:37 AM IST

R. Shankar Raman, CFO, L&T

Govts are delaying payments, causing fiscal stress, says L&T

The government should also get the stalled projects started which alone can create over 1 lakh jobs, he said.

24 Oct 2019 1:25 AM IST

The regulator has reportedly asked the stock exchanges to collate trading data of Infosys shares as well as derivative positions, while details are being sought about alleged non-disclosure of key information.

Infosys in mess over disclosure

Stock exchange BSE has sought clarifications from Infosys, for which the reply was awaited at the press time.

24 Oct 2019 1:18 AM IST

Ravi Shankar Prasad.

BSNL, MTNL to merge, get Rs 69,000 crore revival plan

BSNL has around 1.68 lakh employees and MTNL around 22,000.

24 Oct 2019 1:16 AM IST

Lemon Tree Hotels chairman and managing director Patanjali Keswani. (Photo: File)

Lemon Tree Hotels plans to have 107 hotels by 2021

Lemon Tree Hotels boasts of maintaining a room occupancy rate of around 77 per cent against a national average of nearly...

23 Oct 2019 7:35 PM IST

The consolidated total income during the July-September quarter increased to Rs 35,924.89 crore, over Rs 31,086.59 crore in the year-ago period, the filing said. (Photo: File | PTI)

L&T Q2 profit rises 13 pc to Rs 2,527 crore

The company had posted a consolidated PAT of Rs 2,230.49 crore in the year-ago period, Larsen & Toubro said in a filing...

23 Oct 2019 6:09 PM IST