Recent Insights
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Raghunathan Takes CFO Role at MM Forgings After Four-Year Gap
MM Forgings appoints S Raghunathan as CFO after four-year vacancy following predecessor's 2022 superannuation, raising audit oversight questions.
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Government Tightens Audit Rules: Three Changes Audit Committees Cannot Ignore
MCA proposes tighter audit rules with ₹1 crore penalties. Audit committees face compliance gaps in independence criteria, quality reviews, and enforcement timel
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Tax Assessing Officer Targets Divi’s Transfer Pricing After Three-Year Review
Divi's Laboratories faces ₹571 crore draft tax assessment targeting transfer pricing. Audit committees must strengthen oversight of tax contingencies and disput
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GOCL’s ₹2,261 Crore Land Sale Leaves ₹1,446 Crore Gap Unexplained
GOCL Corporation's ₹2,261 crore land sale delivers only ₹815 crore in proceeds. The unexplained ₹1,446 crore gap raises board oversight questions.
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SBI’s Rs 6,338 Crore Tax Demand Lands During Earnings Season
SBI's Rs 6,338 crore income tax demand raises audit committee disclosure questions as banks prepare quarterly earnings announcements.