The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
When push comes to shove, neither independent directors nor statutory auditors seem able to prevent the most egregious failures of corporate governance, even outright fraud. Consider the cases where promoters have diverted funds – mainly borrowed from banks – to private entities controlled by them. Over invoicing of imports on an industrial scale. These violations of the law are not to be confused with poor commercial judgment that can lead firms into losses. It is almost as if the auditor’s report has no value or sanctity. It would almost be intellectually more honest for the top management to self certify its accounts. Tell the world and all important stakeholders, We are people of substance, take a long term view of our role in this company, please take us at face value. 2. A small vignette from my articleship days. We were auditing the books of the Central Bank of India, Janpath Branch. One of the ledgers I checked was a personal loan taken by one Ms Kiran Bedi to buy a TV set. She was repaying it in monthly instalments of Rs 200 …
When push comes to shove, neither independent directors nor statutory auditors seem able to prevent the most egregious failures of corporate governance, even outright fraud. Consider the cases where promoters have diverted funds – mainly borrowed from banks – to private entities controlled by them. Over invoicing of imports on an industrial scale. These violations of the law are not to be confused with poor commercial judgment that can lead firms into losses. It is almost as if the auditor’s report has no value or sanctity. It would almost be intellectually more honest for the top management to self certify its accounts. Tell the world and all important stakeholders, We are people of substance, take a long term view of our role in this company, please take us at face value. 2. A small vignette from my articleship days. We were auditing the books of the Central Bank of India, Janpath Branch. One of the ledgers I checked was a personal loan taken by one Ms Kiran Bedi to buy a TV set. She was repaying it in monthly instalments of Rs 200 …