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'Exceptional infra makes Qatar premier luxury tourism, wedding destination'

Exceptional infra makes Qatar premier luxury tourism, wedding destination ....

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Coffee Day Enterprises: NFRA slaps Rs 1.10 crore fine on three entities in Coffee Day Enterprises subsidiary matter

The National Financial Reporting Authority (NFRA) has fined three entities, including two individual auditors, a total of Rs 1.10 crore for auditing lapses in Tanglin Developments Ltd (TDL), a subsidiary of Coffee Day Enterprises Ltd. The auditing firm, Sundaresha & Associates, and the two auditors, C Ramesh and Chaitanya G Deshpande, have been barred from taking up auditing work for different periods. ....

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nfra: NFRA fines auditors ₹1.1-cr for lapses in Coffee Day unit case

NFRA said its investigations revealed the "auditors failed to exercise professional judgement and scepticism during the audit of TDL where borrowings of ₹2,027.46 crore was used in fraudulent diversion of funds to MACEL worth ₹2,073.23 crore through its group entities, given without any business rationale or agreement and the money ultimately moved to promoters entity MACEL". ....

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FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Shares Up 0.2%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA – Get Free Report)’s share price shot up 0.2% during trading on Friday . The company traded as high as $50.47 and last traded at $50.36. 40,368 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 77,676 shares. The stock […] ....

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Mint Explainer: How does NFRA seek to uphold auditor independence?

NFRA s oversight encompasses statutory auditors of listed entities, banks, insurers, power utilities, sizable unlisted public companies, and any other organizations referred by the government. ....

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