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Showing posts with label April 23. Show all posts
Showing posts with label April 23. Show all posts

Monday, April 24, 2017

KPMG Dismisses Head of Audit Practice, 5 Others for Conduct

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KPMG LLP, the audit, tax and advisory firm, today said that it had determined that six individuals in its Audit practice, including the head of the Audit Practice, four other partners and one employee, had violated the firm’s Code of Conduct and they are leaving the firm. The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.

April 23, 2017 at 11:41PM

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Tata Cleantech Capital eyes Rs 5,500 cr asset book by FY19

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Tata Cleantech Capital eyes Rs 5,500 cr asset book by FY19 TCCL, a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore.

April 23, 2017 at 11:51PM

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Ikea to double local sourcing by 2020,open store in NaviMumbai

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Ikea to double local sourcing by 2020,open store in NaviMumbai “Maharashtra will be one of the key markets for us, and we have plans to open 5-6 stores across the state, going forward,” Patrik Antoni, deputy country manager for Ikea India, told PTI here at the headquarters of the world#39;s largest furniture retailer.

April 23, 2017 at 11:51PM

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Overbooking flights: Govt pushes for transparent mechanism

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Overbooking flights: Govt pushes for transparent mechanism Overbooking of a flight has been a long-standing practice in the airline industry as seats are considered as a “time sensitive and perishable” product once the flight takes off.

April 23, 2017 at 11:51PM

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Financial institutions feeling fintech heat, says PwC study

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Financial institutions feeling fintech heat, says PwC study According to PwC#39;s Global FinTech Report, 67 per cent believe their business is at risk from financial technology (fintech) firms and as many as 95 per cent of incumbents seek to explore fintech partnerships to boost innovations.

April 23, 2017 at 11:51PM

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FPI net inflow at Rs 18,890 crore in April so far

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FPI net inflow at Rs 18,890 crore in April so far According to the depository data, FPIs infused a net sum of Rs 1,132 crore in equities during April 3-21 and another Rs 17,758 crore in the debt segment, translating into a combined inflow of Rs 18,890 crore (US 2.91 billion).

April 23, 2017 at 11:51PM

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JSW Steel plans to increase capacity to 45 mt by 2030: Seshagiri Rao

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JSW Steel plans to increase capacity to 45 mt by 2030: Seshagiri Rao “Today we have 18 mt installed capacity which is 15 per cent of the national steel manufacturing capacity of 128 mt. If the country builds 300 mt capacity by 2030, we would like to plan accordingly to maintain our 15 per cent share, which will be 40-45 mt,” JSW Steel joint managing director group CFO Seshagiri Rao told PTI.

April 23, 2017 at 11:51PM

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New center has emerged in France: Expert

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Jonathan Fenby, managing director of European political research at TS Lombard Research Group, talks about the future of French candidates Marine Le Pen and Emmanuel Macron.

April 23, 2017 at 11:52PM

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Here’s what it was like to drive the Ford Focus RS with The Stig from ‘Top Gear’ (F)

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Ford Focus RS Drive

Wannabe racers can rejoice. Ford brought its 350-horsepower “hot hatch” Focus RS from Europe to the US. The RS went on sale last year, and for about $36,000, you’ll be hard-pressed to find a more trackworthy ride that can also serve as a daily driver and errand-runner.

I headed up to the Monticello Motor Club, about a two hour drive from where I live in New Jersey, to check out the RS in its preferred environment: on a race track.

And who did I find up in the lovely Catskills on a glorious afternoon? Why, none other than Ben Collins, who was once the “Stig” on the hit BBC car show “Top Gear.” He was out of his anonymous white full-face helmet and racing suit and kitted out in blue Ford Performance threads. He was on hand to truly put the RS through its paces, with merciless hot laps on half the MMC’s course.

I got my crack at the car afterwards. Was it any good?

Read on:

The Monticello Motor Club is located about two hours north of New York City. It’s nestled among quiet country roads.

The speed limit is 40 mph outside. It’s rather more than that on the track.

If you don’t look hard, you might miss it.

See the rest of the story at Business Insider

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April 23, 2017 at 11:55PM

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Air India to hire 80 co-pilots for wide-body Boeing planes

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Air India to hire 80 co-pilots for wide-body Boeing planes The process to induct these first officers or co-pilots is in the final stage and they are expected to join Air India by next month, an airline source said here.

April 23, 2017 at 11:51PM

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Sunday, April 23, 2017

Sebi lines up reforms for deeper markets, to check black money

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Sebi lines up reforms for deeper markets, to check black money NULL

April 23, 2017 at 11:33PM

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Govt may send teams abroad to study PF investments in ETFs

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Govt may send teams abroad to study PF investments in ETFs The EPFO cumulatively invested Rs 21,559 crore in Exchange Traded Funds (ETFs) up to March 31, 2017, with 10.6 per cent return on it to Rs 23,845 crore, he said.

April 23, 2017 at 11:33PM

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US accuses TCS, Infosys of violating H-1B visa norms

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US accuses TCS, Infosys of violating H-1B visa norms At a White House briefing last week, an official in the Trump administration said a small number of giant outsourcing firms flood the system with applications which naturally ups their chances of success in the lottery draw.

April 23, 2017 at 11:33PM

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Niti Aayog presents 300 specific action points to rev up economy

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Niti Aayog presents 300 specific action points to rev up economy Speaking on the occasion, Niti Aayog CEO Amitabh Kant apprised the gathering of the work done by the think tank for transforming the economy and cooperation with states in the sectors of education, health, infrastructure etc.

April 23, 2017 at 11:33PM

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