IndusInd Bank reported a Rs 2,329 crore net loss in Q4 due to accounting fraud, leading to a 71% drop in FY25 profit. The bank is investigating employee involvement and has reported the matter to ...

Cupid, GMM Pfaudler, H.G. Infra Engineering, Mankind Pharma, Oil India, Protean eGov Technologies, TeamLease Services, ...

Beleaguered IndusInd Bank on Wednesday reported a net loss of Rs 2,328.9 crore on a consolidated basis for the fourth quarter ended March 31, 2025, mainly on account of higher provisioning and lower ...

IndusInd Bank on Wednesday disclosed a suspected case of internal fraud in its microfinance unit, with ₹172.58 crore wrongly ...

IndusInd Bank reported a net loss of Rs 2,328.9 crore in the March quarter, due to higher provisioning and lower income. The ...

UPPCL also clarified that expenses are recorded online via ERP with no manual override, and the balance sheet is prepared as ...

Accountants can turn the audit playbook into an AI assurance framework that policymakers have been groping for.

2. Concerns about strict investigations into "buy-to-export" practices in China in May prompted customers to request ...

The administrators from Alvarez & Marsal claim EY auditors missed a series of “red flags” before NMC collapsed following the ...

When artificial intelligence (AI) starts spitting out financial figures for a company, who’s on the hook if something goes wrong?

Grace Cartin, Partner at Deloitte in Belfast, outlines what businesses need to know about changes to the UK accounting standard FRS 102.