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24.01 / 00:43
Booking Experts Diversity reports Investigations Scandals Regulator tells auditors to scrutinize loans that are used to divert company funds
Subscribe to enjoy similar stories. New Delhi: The National Financial Reporting Authority (NFRA) has told auditors to thoroughly scrutinize business loans given by companies to private entities linked to their controlling shareholders to catch attempts to divert company funds. The regulator's warning has gone out to both auditors and the audit committees of businesses led by independent directors.
24.01 / 00:43
markets Provident Aware Assurant performer reports orienteering Centre may consider privatising a state-run general insurer in FY26
Subscribe to enjoy similar stories. The Centre may drop its plan to merge three general insurers and instead pick one of them for privatization this fiscal year, two people aware of the development said. The other two may be provided additional capital to strengthen their balance sheets, the people cited above said on the condition of anonymity.
24.01 / 00:35
markets UPS Provident Art Booking CEO reports Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Entrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor. Since then he's learned many lessons he's now passing to his kids.
24.01 / 00:33
security Analysis Research Trade Experts Doge show Small IT flaunts strong numbers, spark for even better show
Coforge and Persistent Systems soared 11.5% and 10.3%, respectively, on Thursday. KPIT Technologies and Mphasis gained over 3% each, while LTI Mindtree and L&T Technologies rose 2.4% and 1.06%, respectively. Cyient moved up 2%.
24.01 / 00:33
markets Digital Citizens Platform Cybercrime RAI reports FinMin wants banks to complete I4C integration by January to check frauds
Indian Cybercrime Coordination Centre (I4C) to tackle the growing problem of financial frauds.
24.01 / 00:33
markets FIVE Action security Analysis Trade Experts Brokers feel the pinch of regulatory actions, market slowdown in Q3
stock broking firms took a beating in the December quarter, bringing the winning run in recent years to a screeching halt in the wake of the regulatory tightening to curb excessive speculation in futures and options, and weakness in the secondary market. Revenues and profits of five leading broking firms in the third quarter showed stress in the sector as firms scramble to recalibrate their growth strategies in a challenging business environment. Angel One, the third-largest broker by client base, posted a 17% quarter-on-quarter (QoQ) decline in revenues for the December quarter. Its net profit plunged 34%, falling from ₹423 crore in September to ₹281 crore in December.
24.01 / 00:33
markets COST UPS Provident Digital Experts budget 2025 Budget 2025: Fintechs pitch for dedicated Rs 1,000 crore fund
India Budget: Grappling with increased cost of capital and scarcity of funding, fintech companies have approached the finance ministry seeking a dedicated fintech fund to the tune of ₹1,000 crore, two people present in the meeting told ET.
24.01 / 00:33
security Analysis Research Trade Experts show rights RBI injects over Rs 1.5 lakh crore via VRR auctions, buybacks
overnight variable rate repo (VRR) auction in addition to a pre-announced buyback as liquidity deficit persisted in the banking system. On Thursday, RBI injected more than ₹1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of ₹9,666 crore. The RBI will conduct a similar VRR auction on Friday for ₹2 lakh crore, along with a 14- day auction for ₹1.75 lakh crore, maturing on February 7.
24.01 / 00:33
markets Provident Digital security Strategy PAM information Bankers, check! RBI seeks information on impact of new LCR rules
Reserve Bank of India (RBI) has asked commercial banks to provide information on the impact of the proposed liquidity coverage (LCR) norms following pushback from banks over the move to make the norms more stringent, said people with knowledge of the matter.
24.01 / 00:07
Digital security Election Trade President Bitcoin guidelines Trump's Crypto Executive Order Creates Policy Working Group
President Donald Trump signed an executive order promoting digital assets and other financial technologies Thursday.
23.01 / 23:55
UPS reports Department International TD money laundering head Mazariegos departs, Sanjuas promoted
Toronto-Dominion Bank is promoting one of its top United States anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her head up financial crime risk management for the entire bank.
23.01 / 23:55
markets security economy trends Trade President reports Posthaste: Bank of Canada expected to cut interest rates as tariff threat looms
The Bank of Canada is heading into decision day next week with the country consumed by the threat of a trade battle with the United States.
23.01 / 23:55
Target FIVE Manufacturing Food Trade 2020 reports Kraft Heinz slams Trudeau for floating ketchup as trade target
Kraft Heinz Co. said it’s “deeply disappointed” in Justin Trudeau after the prime minister threw a metaphorical tomato at the food manufacturer while discussing trade relations with the United States.
23.01 / 22:41
markets UPS FIVE Research pandemic Universities Return-to-office policies are 'creeping up,' researcher says. Many workers would rather quit
Many workers hate the prospect of returning to the office five days a week — so much so that they'd quit their jobs if told to come in full-time.
23.01 / 22:35
Citi Provident CEO Death Trade UnitedHealth cover UnitedHealth promotes leader of retirement business to replace slain CEO Thompson
UnitedHealth Group will promote one of its top insurance executives to replace Brian Thompson, the slain CEO of its UnitedHealthcare arm
23.01 / 21:49
markets Platform President War Inside social Donald Trump's threats to Putin on the Ukraine war seem to be hollow, as the U.S. hardly has any Russian imports to levy tariffs on
US President Donald Trump has actually threatened to impose high tariffs and additional sanctions on Russia if President Vladimir Putin does not eventually agree to end the ongoing war in Ukraine, reported Business Insider.
23.01 / 21:49
markets Digital Strategy PAM electronic Investigations Why is NASA sending rockets straight into the Northern Lights? Here's the reason the space agency is citing
NASA is launching rockets into auroras to investigate the factors that contribute to their distinct movements. Alaska's Fairbanks In an effort to learn more about polar auroras, also referred to as the Northern Lights, NASA plans to launch rockets into the night sky over Alaska this week.

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