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Abhirup Roy

India government wants antitrust review of Big Four accountants - source

22 Jul 2019

NEW DELHI/MUMBAI The Indian government wants the country's antitrust body to assess whether the so-called "Big Four" auditing firms and their affiliates are hurting competition in any manner, a senior government official told reporters.

India govt wants antitrust review of Big Four accountants-source

22 Jul 2019

NEW DELHI/MUMBAI, July 22 The Indian government wants the country's antitrust body to assess whether the so-called "Big Four" auditing firms and their affiliates are hurting competition in any manner, a senior government official told reporters.

Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit

20 Jul 2019

MUMBAI/NEW DELHI Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies despite its deteriorating finances, according to a special audit.

Rating agencies knew of stress at India's IL&FS, but gave good ratings - audit

20 Jul 2019

* IL&FS audit by Grant Thornton shows lapses by rating agencies

SEBI proposes tighter disclosure for auditors

18 Jul 2019

MUMBAI The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies, after a number of firms abruptly resigned from audit assignments without citing sufficient reasons, leaving investors in the dark.

India regulator proposes tighter disclosure for auditors

18 Jul 2019

MUMBAI, July 18 India's capital markets regulator proposed on Thursday ramping up disclosure for auditors of listed companies, after a number of firms abruptly resigned from audit assignments without citing sufficient reasons, leaving investors in the dark.

Explainer: Will India's tax on the rich hit foreign investment inflows?

15 Jul 2019

NEW DELHI/MUMBAI The Indian government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million rupees ($292,269) has rattled many foreign portfolio investors(FPIs).

Foreign investors' lobby group asks India to reconsider high taxes

12 Jul 2019

MUMBAI/NEW DELHI Foreign investors are urging India to reconsider its decision to increase taxes on certain groups of wealthy portfolio investors, arguing the move will hit the competitiveness of Indian capital markets.

Foreign investors' lobby group asks India to reconsider high taxes

12 Jul 2019

MUMBAI/NEW DELHI, July 12 Foreign investors are urging India to reconsider its decision to increase taxes on the super-rich, including a higher levy on certain groups of portfolio investors, arguing the move will hit the competitiveness of Indian capital markets.

Row between founders hits shares in IndiGo parent

10 Jul 2019

BENGALURU/MUMBAI An escalating dispute between IndiGo's co-founders sparked falls in its parent firm's shares on Wednesday as investors fretted about the potential impact on India's largest airline.

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