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Thursday, December 18, 2025
TopicAudit firms

Topic: audit firms

After IL&FS crisis, India considering ceiling on audit firms to break Big Four monopoly

The proposed crackdown by India’s corporate affairs ministry mirrors similar action being planned in the UK.

Turmoil in India’s audit sector as ‘lapses’ lead to crackdown on Big 4

With more cases of fraud and financial mismanagement coming to the fore over the last few years, audit firms have increasingly come under scrutiny.

On Camera

Why the VB-GRAMG Bill strikes at the heart of MGNREGA

MGNREGA’s core strength was: if you needed work, you got work. VB-GRAMG’s funding model means work will only be available if a state has the budget and the Centre has approved the allocation.

Steady growth rooted in ‘Dravidian model’. How Tamil Nadu more than doubled its GSDP in 10 yrs

RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.