The National Financial Reporting Authority (NFRA) has barred auditors of M/s Brightcom Group for up to ten years and imposed heavy monetary penalties on them, citing professional misconduct in auditing the company between FY20 and FY22.
According to a report from Morgan Stanley, the 2024 elections could yield different market outcomes based on the results. If the current government secures a clear majority, the market may gain 0 to 5 percent in the three months following the election
Private sector banking stocks have been underperforming for a year now. HDFC Bank is down 1 percent, Kotak Mahindra Bank is down 7 percent, ICICI Bank is up 4 percent, while Nifty 50 is up 6.8 percent in the year gone by