Regulations governing auditors in India are ‘draconian’, veteran chartered accountant Y H Malegam said here on Friday. His statement came against the backdrop of the government cracking the whip against prominent audit firms with overseas affiliations.
Government to allow Aadhaar-based KYC for retail investors
The government will allow Aadhaar-based KYC for domestic retail investors, and necessary amendments to the rules under the Prevention of Money Laundering Act will be issued.
OYO Hotels announces launch of brand townhouse at Puducherry
OYO Hotels & Homes announced the launch of brand Townhouse in Puducherry. OYO Townhouse is a combination of a hotel, home, merchandise store and cafe and is targeted at millennial travellers aspiring premium economy accommodations, said a press release.
Will it revive economy?
A series of measures was announced by the Finance Ministry that includes rollback of enhanced super-rich tax on foreign and domestic equity investors, exemption of start-ups from ‘angel tax’, a package to address distress in the auto sector and upfront infusion of Rs 70,000 crore to public sector banks, in efforts to boost economic growth from a five-year low.
Vijay Antony sports three different looks for ‘Khaki’
Directed by Senthil Kumar of Vaimai-fame, the movie has Sathyaraj, Srikanth, Eswari Rao, John Vijay and Ravi Maria in key roles. Now, the makers have announced that Indhuja, who is also part of Vijay’s Bigil, is Antony’s pair.
UrbanClap partners with Bayer
The deal is said to enable Urbanclap to facilitate sourcing of chemicals from Bayer’s certified pest control products for its registered partners for effective and safe pest management solutions for consumers in the residential segment.
Motorola introduces ultra-wide action camera
It claims to be the first ultra-wide action camera. A press release said it will be available on Flipkart from 30 August at Rs 13,999. Other features includes shooting video in landscape format while holding the phone vertically.
‘Oththa Seruppu Size 7’ gets Parthiban into two record books
Actor-filmmaker Parthiban’s Oththa Seruppu Size 7 has entered Asia Book of Records and India Book of Records for a single person writing, directing, acting and producing a film.
Xiaomi launches Mi A3
Starting at Rs 12,999, it features the Qualcomm Snapdragon 665 chipset, a AMOLED display, a massive 4030mAh battery, and an in-screen fingerprint scanner. Like every MiA series smart phone, Mi A3 is powered by Google’s Android One project.
HDFC & MasterCard launch ‘Millennia’
HDFC Bank Ltd and MasterCard launched Millennia, cards to cater the lifestyles and aspirations of millennials. The cards come loaded with benefits and rewards.