Singapore, July 20 (ANI): AM Best has downgraded the financial strength rating of New India Assurance Company Ltd -- the largest player in India's non-life insurance market -- to B-double plus (good) from A-minus (excellent) and the long-term issuer credit rating to bbb-plus from a-minus.
New Delhi [India], Mar 12 (ANI): The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has decided to take up a review of general-purpose financial statements of Yes Bank for the last two fiscals.
New Delhi [India], Feb 25 (ANI): The League of American Communications Professionals (LACP) has recognised PVR Cinemas for its annual report FY 2018-19 in the vision awards annual report competition, ranked it 17th globally and second in India.
New Delhi [India], Mar. 6 (ANI): The Centre on Tuesday stated that the National Financial Reporting Authority (NFRA), to be set up for overseeing auditing standards, will have the power to penalise audit firms for any malpractice identified.
New Delhi [India], Mar. 2 (ANI): In a major move to implement stricter supervision of auditing firms and individuals, the Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal for establishing the National Financial Reporting Authority (NFRA).
New Delhi [India], Nov. 5 (ANI): The Ministry of Corporate Affairs (MCA) on Sunday said it has struck off around 2.24 lakh companies post demonetisation, for remaining inactive for a period of two or more years.
New Delhi [India], Mar 10 (ANI): Global leader in digitally-powered business process management and services Genpact has launched its Artificial Intelligence (AI) Reporting solution that harnesses the power of AI technologies to automate financial planning and analysis (FP&A) operations
New Delhi [India], Oct 7 (ANI): The Reserve Bank of India (RBI) is expecting a rough, first cut reporting from banks vis-a-vis proforma Ind AS (Indian Accounting Standards) financial statements for the half year ending September by November 30 to ascertain the difficulties and problems faced