The fight to fix the fault in our audits

The government has a new plan to set the world of corporate audits right. Will it work?

Taxing times for the economy

Weak compliance, unresolved tax disputes and unrealistic tax targets threaten to hollow out India’s tax system

MG Motor, Kia Motor tap growing demand for UVs to expand

• Firms intensify focus on growing utility vehicle segment to consolidate their presence
• MG Motor showcased its Gloster sport-utility vehicle at the recent Auto Expo 2020

US and India to discuss 5G during Donald Trump's visit

• Last month, India’s department of telecommunications (DoT) also approved the prices for the spectrum auction scheduled to be held by April
• Ajit Pai, chairman of the US Federal Communciations Commission, will discuss 5G with his Indian counterparts, he said in a Twitter post late on Sunday.

Govt officials meet to discuss relief measures for AGR-hit telecom industry

• Sunil Mittal had last week made an appeal to the government for cut in levies and taxes to pull the sector out of what he had described as an 'unprecedented crisis'
• The crucial meeting comes at a time when the telecom companies are staring at ₹ 1.47 lakh crore in unpaid dues

G-20 finance chiefs on alert with world economic growth at risk

Countries such as Japan, and institutions including the OECD, have been pushing for nations with surpluses to spend more to help avert a deeper economic slump

Donald Trump, Melania depart for India

Donald Trump will land in Ahmedabad where prime minister Narendra Modi will receive himOn Tuesday, Modi and Trump will hold official talks and conclude five pacts in areas ranging from homeland security to trade facilitation

Mega bank consolidation: Meeting 1 April deadline appears challenging

• The merger of Oriental Bank of Commerce with Punjab National Bank and Andhra Bank with Union Bank of India will have similar issues, the official said
• Last year in August, the government announced the consolidation of ten public sector banks (PSBs) into four mega state-owned lenders

Delhi police issues traffic advisory ahead of Donald Trump's visit

• Donald Trump will reach the national capital on Monday evening for the main leg of his visit where he will stay till Tuesday night before leaving for the US
• Commuters have also been asked to check the Delhi traffic police's website and its twitter handle for updates on necessary traffic diversions

Can sporty sedans still thrive in an SUVs’ world?

Alfa Romeo’s tasty Giulia has lovely curves, a powerful engine and an updated UX inside. So why are sales plummeting? Dan Neil explores how this immortal beauty fits into the current auto landscape

Indian Bank to stop loading and dispensation of Rs2,000 notes in its ATMs

• The bank will load Rs200 notes instead of Rs2,000 in the currency cassettes
• Indian Bank customers can withdraw Rs2,000 notes from bank branches and can also deposit them at bank branches and ATMs

Donald Trump latest addition to list of heads of states to stay at ITC Maurya

• Donald Trump, who is on his maiden visit to India, will be staying at the mansion-like Grand Presidential Suite of the ITC Maurya
• The two-bedroom Grand Presidential Suite, known as 'Chanakya', has a private drawing room, a private terrace, a gym and a dining area along with a private entrance

From Namaste Trump to Taj Mahal visit, US Prez has a jam-packed schedule

• Accompanied by First Lady Melania Trump, the US President will begin the nearly 36-hour-long trip with a visit to the Sabarmati Ashram in Ahmedabad at around 12:15 pm on Monday
• This will be followed by Trump's participation at the 'Namaste Trump' event at around 1:05 pm

Airport metro line: QR code trip passes available for multiple trips from Monday

• A QR code trip pass will be marked expired or consumed, whether the validity of the pass gets expired first or the number of allowed trips is consumed
• Presently, the QR code facility was available on the Airport line only for a single trip between an origin station and a destination station

Coronavirus is China's biggest health emergency, says Xi Jinping

• Among the 40,127 hospitalised patients, 8,583 were still in severe condition and another 1,845 in critical condition.
• Officials in Wuhan ordered that all patients who have recovered and discharged from hospitals be sent to designated places for two weeks of quarantine and medical observation

Clashes break out at anti-CAA protest in Jaffrabad

• Police fired tear gas shells as members of the two groups pelted stones at each other in Maujpur
• There was heavy security deployment in the area

Pine Labs plans to deploy 1.5 lakh Android POS devices by next fiscal

• The company, which had launched Plutus Smart (its Android-based point of sale machines) about nine months ago, has already deployed over 50,000 of these POS terminals
• The company plans to considerably scale up its Android POS network in 2020-21 to 1.5 lakh machines

ITC hotel's uber-luxurious suite to host Donald Trump in Delhi

• The two-bedroom Grand Presidential Suite, known as 'Chanakya', has hosted several heads of states including former US presidents Jimmy Carter, Bill Clinton and George W Bush
• The suite also has the facility of a microbiological laboratory for food testing

Coronavirus LIVE: Fear of global outbreak as S Korea, Italy face spike in cases

• The death toll from the coronavirus outbreak in China has climbed to 2,442 as 79 more died of the deadly infection Saturday, while the overall confirmed cases almost neared to 80,000
• Global outbreak fear worries world health authorities as the deadly virus spread to 28 countries. 1,500 cases have been confirmed outside China, multiple infections in the US, Italy, Iran, UAE and 1 in Egypt

Youth unimpressed by Gujarat mega event, question scale and spend

• The Gujarat government has reportedly spent about ₹100 crore to make the ‘Namaste Trump’ event a success
• The Trump administration has quashed any possibility of a trade deal though he will meet key business leaders in Delhi

Third death from Japan cruise ship as new cases raise quarantine doubts

• Japan has been criticised in the face of mounting evidence that the quarantine imposed on the Diamond Princess did little to stop the virus spreading
• Still left on the ship are some travellers waiting for charter flights home and roughly 1,000 crew

Blume Ventures raises $41 million opportunity fund

• The fund is designed to invest in best performing portfolio companies
• From this fund, Blume has invested in Series B to D rounds of firms like Unacademy and Servify

NHAI collects ₹20 cr from 18 lakh defaulters entering FASTag lanes

• The Ministry of Road Transport and Highways had said that double toll charge would be collected from the vehicles entering FASTag lanes without the tag
• RFID based FASTag, an electronic toll collection system implemented by the NHAI, has proved to be instrumental in easing the lives of commuters on national highways within two months of its nationwide implementation

Your seat is not a sleeper berth: Aviation ministry advises etiquette for flyers

• The discussions on the issue started after a video of an American Airlines passenger punching the reclining seat of a woman sitting in front of him went viral on Twitter
• The ministry also wants flyers to wear a fresh pair of socks for your flight itinerary

Trumps to get taste of Gujarat: Khaman on menu list

• Apart from khaman, the VVIPs from the US and their delegation will be offered broccoli and corn samosa, apple pie, kaju katli and a variety of teas to choose from
• Donald Trump would leave for Agra at around 3.30 pm

Max Life’s dream comes true, gets Axis Bank an insurance exposure

• The insurer’s bancassurance arrangement with Axis Bank would have been up for review in September 2021
• Max Life cannot afford to lose Axis Bank as the lender’s network contributes 54% to its business

Ambuja Cements’ decent Q4 falls short of impressing the Street

• With the company clocking high capacity utilization, there is little room to increase volumes in the near future
• Higher cement volumes made up for the lack of pricing power and aided the company in showing a decent growth in revenues, which rose 10% year-on-year