DCA initiates search and seizure against Ferguson
The report had reportedly criticised the quality of corporate governance between 1999 and 2001 in Tata Finance and its subsidiaries. Subsequently, Ferguson withdrew the report and stated that a new team had been assigned to prepare a fresh report.
Ministry banking on monsoon revival to sustain tax revenues
THE Finance Ministry is banking on the revival in monsoon activity this month to sustain the growth in revenue collections in the second half of the current fiscal. "Revenue collections were buoyant in the first quarter . With the pick-up in ...
Experts to study I-T breaks for more services cos
NEARLY six months after the Budget announcement, the Finance Ministry has constituted an expert group to examine the issue of extending income-tax breaks to demerged or amalgamated companies in the services sector, including financial services ...
Mahajan holds talks with Tata, Ambani
THE Union Minister for Communications, Mr Pramod Mahajan, held a couple of high-profile meetings on Monday with Mr Ratan Tata and Mr Anil Ambani. According to informed sources, the meeting with Mr Ratan Tata was to sort out the issue of the ...
Panel formed to study auditor-company ties
The Ministry has set up this panel to lay down parameters to protect the interests of various stockholders, including retail investors. It will also examine connected matters such as the independence of auditors, restrictions on non-audit consultancy wor
k by auditors, rotation of auditors and proposal for random scrutiny of company accounts.
Don't tie us up with dress code, say BoB staff
WEAR a tie and a smile to office. This is the latest fiat issued by the management of Bank of Baroda (BoB) to its officers and award staff. As per an order issued recently by the bank's Executive Director (Human Resource Management), the ...
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