Veteran accountant comments against backdrop of gov’s whip to audit firms

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. Continue Reading

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. Continue Reading

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. Continue Reading

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. Continue Reading

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. Continue Reading

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. Continue Reading

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. Continue Reading

India appeals against WTO, challenges dispute panel on solar case with US

Though India has won this case against the US as most of the ruling is in favour of India, New Delhi has challenged certain issues of law and legal interpretation covered in the panel’s report or ruling. Continue Reading

Heavy Industries & Public Enterprises Minister raises issue on auto job crisis

Union Heavy Industries and Public Enterprises Minister Arvind Sawant on Thursday exhorted healthy public sector undertakings (PSUs) to hand-hold those state-run firms which are ‘on ventilator’ or facing hard times in order to salvage them. Continue Reading

Minister Dharmendra Pradhan aims for higher crude oil production

The Union Petroleum and Natural Gas Minister, Dharmendra Pradhan, on Thursday held discussions with the officials of Oil and Natural Gas Corporation (ONGC) to increase the production of crude oil from its Mehsana asset, near Ahmedabad. Continue Reading