Creative Bharat
Karur Stampede case: The Central Bureau of Investigation (CBI) began a detailed line of questioning of actor-turned-politician Vijay on Monday (January 12). As per the latest update on news agency PTI, Vijay was questioned on alleged delays and crowd management lapses that took place during the rally in September last year. 41 people, including nine […]
MUMBAI: In a renewed push to contain fraud and improve customer safeguards, RBI has asked banks to clear the growing backlog in KYC updates and warned against the routine rejection of applications. Lapses in KYC, the central bank said, weaken defences against fraud and exclusion, particularly in rural and semi-urban areas. Alongside fraud, RBI has […]
The finance ministry has directed public sector banks and financial institutions, including insurance companies, to ensure prompt reporting of vigilance-related matters concerning whole-time directors (WTDs), citing repeated instances of delayed or incomplete disclosures, PTI reported.In an advisory issued by the Department of Financial Services (DFS) earlier this month, the ministry said adverse information about board-level […]
Credit rating agency Moody’s has flagged IndiGo’s recent flight disruptions as credit negative, saying the airline failed to adequately plan for aviation regulations that had been known well in advance. The rating agency said the large-scale cancellations and delays point to significant lapses in planning and operational oversight, even though the revised Flight Duty Time […]
Air India had operated a 164-seater Airbus A320 on eight flights before an engineer finally detected a safety lapse and the aircraft was taken out of service.The flight, operated betwen November 24 and 25 according to sources cited by ET, was not suitable for flying as its airworthiness licence had already expired. The operations posed […]
The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has identified 388 serious audit and financial reporting non-compliances since its formation in July 2002. Of these, 205 cases have been referred for disciplinary action against auditors, while 183 have been forwarded to regulators, including the Ministry of Corporate Affairs […]
The ICAI’s FRRB review of IndusInd Bank’s financial statements is likely to be completed by March 2026, according to a senior official from the Board who spoke to ETCFO on condition of anonymity. “We actually got the annual report by September end, and we expect a six-month period for the review to be completed,” the […]
InterGlobe Aviation, parent of airline IndiGo, has been fined by India’s aviation regulator for failing to use “qualified simulators” for pilot training at Category C airports, the company said on Wednesday. The Directorate General of Civil Aviation imposed a ₹20 lakh penalty in its September 26 order, which the company said it will contest. There […]
As per Mayo Clinic, brain tumours are abnormal cell growths in or around the brain, and they can be cancerous or non-cancerous – while some aren’t cancerous, brain cancers may grow quickly. That is why it is important to watch out for symptoms and see a doctor if they are persistent or worsening to get […]
A Comptroller & Auditor General (CAG) audit found that key safeguards, such as requiring builders to open escrow accounts to ensure timely payments and project completion, were omitted from successive Greater Noida Industrial Development Authority (GNIDA) scheme brochures, undermining protections for both GNIDA and homebuyers. A CAG audit has found that key safeguards, such as […]
