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

EU imposes sanctions on dozens in Belarus over support for Russia

The EU also extended an export ban to firearms and the aviation and space industries. The European Union on Thursday imposed sanctions on several Belarus police, justice and prison officials over a crackdown on anti-government activists, and on media personnel and a company accused of supporting Russia’s war on Ukraine. Travel bans in… Continue reading EU imposes sanctions on dozens in Belarus over support for Russia

Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt

Market regulator Sebi has imposed penalties totalling Rs 13 lakh on two former executives of Wockhardt for flouting insider trading norms.  The regulator has slapped a fine of Rs 12 lakh on Yatendra Kumar and Rs 1 lakh on Shashi Kant Tiwari. The order came after Sebi conducted an investigation into the… Continue reading Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt