Abhilash Lal and Pradeep Goenka Step Down as Independent Directors of Ganesha Ecosphere
Abhilash Lal and Pradeep Kumar Goenka ceased to be the Directors of Ganesha Ecosphere Limited w.e.f. September 4, 2024, upon completion of their second term of office as Independent Directors.
ICAI Raises Concerns Over NFRA’s Draft Norms on Auditing Standards, Citing Risks to Smaller Firms
The ICAI has raised concerns over the National Financial Reporting Authority’s (NFRA) draft norms aimed at overhauling Standard on Auditing 600, according to a report by ET.
Yes Bank Removes Country Head Financial Markets Amit Sureka
Amit Sureka, Country Head Financial Markets, ceases to be the part of senior management of Yes Bank Limited and has been relieved from the services of the bank on Tuesday, August 27, 2024.
NFRA Advances Auditing Reforms with ISA 600 Adoption; ICAI Revises Quality Management Standards
After months of deliberation, the National Financial Reporting Authority (NFRA) announced on Monday its decision to adopt the International Standard on Auditing 600 (ISA 600) for all listed companies, with the exception of public sector companies, state-run banks, and their branches.
PI Industries Appoints Sanjay Agarwal as CFO
The Board of Directors of PI Industries Limited has appointed Sanjay Agarwal as Group Chief Financial Officer (CFO) (KMP) of the company w.e.f. August 26, 2024.
Infosys Veteran Rajesh Kini Named The CFO Of Perfios
On Wednesday, Rajesh Kini, who has 25 years of experience in financial leadership posts, was appointed as Chief Financial Officer (CFO) of a B2B SaaS Fintech firm, Perfios.
Dr. Dharmendra Bhandari Concludes Decade-Long Tenure as Independent Director of LIC Housing
Dr. Dharmendra Bhandari has completed two consecutive terms of five years each as an Independent Director on the Board of LIC Housing Finance Limited on August 18, 2024.
CFO Khiroda Jena Resigns from Kolte-Patil Developers
Khiroda Jena, Chief Financial Officer (CFO) and Senior Management Personnel (SMP) of Kolte-Patil Developers Limited, has resigned on August 17, 2024, to pursue professional opportunities outside the organisation.
ICAI to set up a Section 8 company for mediation and arbitration
On Friday, Ranjeet Kumar Agarwal, President of the Institute of Chartered Accountants of India (ICAI), announced a plan to establish a Section 8 company dedicated to mediation and arbitration activities.
ICAI Focusing on top 4 affiliates’ relationships with global Businesses
The Big Four affiliate firms, key players in auditing, are embroiled in a protracted legal battle with the Institute of Chartered Accountants of India (ICAI) over their ties to global entities, resource sharing, control, and referral fees.