Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Auditing »
Open DEMAT Account in 24 hrs
 NFRA issues Draft Procedure for Submission of Audit Files
 Auditors barred from putting a value on companies they are auditing
 Standard on Internal Audit (SIA) 18, Related Parties
 Standard on Internal Audit (SIA) 17, Consideration of Laws and Regulations in an Internal Audit
 Standard on Internal Audit (SIA) 16, Using the Work of an Expert
 Standard on Internal Audit (SIA) 14, Internal Audit in an Information Technology Environment
 Standard on Internal Audit (SIA) 13, Enterprise Risk Management
 Standard on Internal Audit (SIA) 12, Internal Control Evaluation
 Standard on Internal Audit (SIA) 11, Consideration of Fraud in an Internal Audit
  Standard on Internal Audit (SIA) 9, Communication with Management
  Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement

Audit firm complains against RCom; stock down
February, 09th 2011

Jaipur based audit firm Parakh & Co has approached the telecom ministry second time complaing against RCom. In its latest complaint, the firm has sought 'urgent intervention' from the telecom department to 'restrain RCom from adopting coercive tactics against it, and also withdraw proceedings against the firm at various forums.'

In addition to that, a development that can lead to huge financial implications for existing as well as new operators, has also kept the stock under pressure.

Ttelecom regulator TRAI has recommended fixing the price for 6.2 Mhz of pan-India start-up 2G spectrum at Rs 10,972.45 crores, more than six times the present cost of Rs 1,658 crore. In its recommendations to the Department of Telecom, Trai has also said that every Mhz of additional spectrum (on an all-India basis) beyond the contracted limit of 6.2 Mhz would cost a massive Rs 4,571.87 crores.

The stock was at Rs 108.35, down 1.90 per cent on the NSE. The scrip touched a low of Rs 105.15 and high of Rs 109.80 in trade so far.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting