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Indian government establishes Cement Industry Development Council

Indian government establishes Cement Industry Development Council
globalcement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcement.com Daily Mail and Mail on Sunday newspapers.

Puneet Dalmia , Dalmia Bharat , Industry Development Council , Department For Promotion Of Industry , Internal Trade , Cement Industry Development Council , Economic Times , பூணீட் டால்மியா , டால்மியா பாரத் , தொழில் வளர்ச்சி சபை , துறை க்கு ப்ரமோஶந் ஆஃப் தொழில் , உள் வர்த்தகம் , பொருளாதார முறை ,

RBI: Industry bodies urge RBI to put off new audit rules

Confederation of Indian Industries (CII), Assocham, and Finance Industry Development Council (FIDC) have all written to the central bank about the problems companies would face in implementing the proposed regulations for appointment of statutory auditors. ....

Vishesh Chandiok , Thornton Bharat , Confederation Of Indian Industries , Industry Development Council , Reserve Bank , Indian Industries , Finance Industry Development Council , Companies Act , Grant Thornton , Sarbanese Oxley Act , New Auditing Guidelines , Reserve Bank Of India , Statutory Auditors , தோர்ன்டன் பாரத் , கூட்டமைப்பு ஆஃப் இந்தியன் தொழில்கள் , தொழில் வளர்ச்சி சபை , இருப்பு வங்கி , இந்தியன் தொழில்கள் , நிதி தொழில் வளர்ச்சி சபை , நிறுவனங்கள் நாடகம் , மானியம் தோர்ன்டன் , இருப்பு வங்கி ஆஃப் இந்தியா , சட்டரீதியான தணிக்கையாளர்கள் ,

RBI under pressure to relax new auditor norms

RBI under pressure to relax new auditor norms
A cool-off period of one year before the appointment (of auditors) for their independence is not practical to implement, the chamber has said.
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By Express News Service
NEW DELHI: The banking and the non-banking fraternity is not in favour of the new Reserve Bank norms on hiring statutory auditors mid-way in the financial year as it could throw up enormous operational challenges. Industry bodies are up in arms against the central bank diktat, which in its current form, requires mid-term resignation of auditors already appointed for this year and replace them with new firms. ....

Industry Development Council , News Service , Express News , Reserve Bank , Finance Industry Development Council , Companies Act , New Rbi Norms , Reserve Bank Of India , Ew Auditor Norms , தொழில் வளர்ச்சி சபை , செய்தி சேவை , எக்ஸ்பிரஸ் செய்தி , இருப்பு வங்கி , நிதி தொழில் வளர்ச்சி சபை , நிறுவனங்கள் நாடகம் ,

CII protests RBI rules on auditors, says will cause 'enormous difficulties'

The Reserve Bank of India’s (RBI) rules changing auditors throw up enormous operational difficulties and are disruptive for banks and non-banks, said the Confederation of Indian Industry (CII) in a statement.
The central bank, on April 27, asked banks and non-banking financial companies (NBFC), excluding those who don’t take deposits and have below Rs 1,000-crore asset base, to immediately bring in new auditors in case the firm has completed three years of audit of a bank or NBFC. NBFCs may do the change from the second half of the year.
Banks and NBFCs having asset size of Rs 15,000 crore or more were asked to appoint joint auditors. Crucially, a retrospective applicability of the extended eligibility criteria for the auditors, including those relating to provision of audit and non-audit services. ....

Industry Development Council , Confederation Of Indian Industry , Bank Nbfcs , Securities Exchange Board Of India , Reserve Bank , Indian Industry , Finance Industry Development Council , Listing Obligations , Disclosure Requirements , Securities Exchange Board , Accounting Standards , Rbi Policy , Bank Audits , Bfc Audits , Bi Policy On Audits , தொழில் வளர்ச்சி சபை , கூட்டமைப்பு ஆஃப் இந்தியன் தொழில் , பத்திரங்கள் பரிமாற்றம் பலகை ஆஃப் இந்தியா , இருப்பு வங்கி , இந்தியன் தொழில் , நிதி தொழில் வளர்ச்சி சபை , வெளிப்படுத்தல் தேவைகள் , பத்திரங்கள் பரிமாற்றம் பலகை , கணக்குவைப்பு முறை தரநிலைகள் ,

NBFCs had objected to RBI rules on auditor change, called for expert panel

Non-banking finance companies (NBFC) had opposed the RBI move on changing auditors mid-way in the financial year, and had asked the central bank to set up an expert committee instead, with representations from NBFCs and audit firms before coming with rules on audit.
The RBI had said in its guidelines that all banks and NBFCs, except non-deposit taking ones below Rs 1,000 crore, should change their auditors. A minimum of two audit firms should conduct the audit, the RBI had said in its guidelines released on April 27.
However, NBFCs had the flexibility to change their auditors from the second half of the current fiscal. Prior approval of the RBI was needed for such change in banks, but NBFCs could do with just notifying such change. ....

Industry Development Council , Finance Industry Development Council , Companies Act , Financial Services Industry , Financial Services Latest News , Financial Services Latest Updates , தொழில் வளர்ச்சி சபை , நிதி தொழில் வளர்ச்சி சபை , நிறுவனங்கள் நாடகம் ,