NFRA slaps 10-year ban, imposes Rs 5 lakh fine on auditor for lapses

The National Financial Reporting Authority on Thursday slapped a penalty of Rs 5 lakh and a 10-year ban on an auditor for alleged professional misconduct in the audit of Bartronics India Ltd for 2013-15. Bartronics India Ltd (BIL) is listed on BSE and NSE. In its order, NFRA said that it had… Continue reading NFRA slaps 10-year ban, imposes Rs 5 lakh fine on auditor for lapses

Sensex’s yield gap with 10-year US bonds near 0, least since 2008

The Indian equity markets have been treading lower for the past few weeks, after touching a lifetime high on July 20. The BSE Sensex has closed in the red in seven of the past nine-trading sessions and following Wednesday’s sharp decline, the benchmark index is now down 2.6 per from its record high of… Continue reading Sensex’s yield gap with 10-year US bonds near 0, least since 2008