Search Results for: Audi
Brokers under SEBI’s scanner for moving investors’ money abroad
April 6th, 2015
At least five stock brokers have come under regulatory scanner for siphoning off securities and funds worth over Rs 500 crore from investor accounts for personal gains to foreign locations, including Switzerland and Singapore, as also for private ventures ...
AICPA Makes Suggestions on How Business Income Tax Can be Simplified
April 6th, 2015
In a letter submitted on Tuesday to the Senate Finance Committee Tax Reform Working Group on Business Income Tax, the American Institute of CPAs (AICPA) made the following four recommendations about how to simplify business income tax. 1. Cash method of ...
UAE signs up as founding member of Asian Infrastructure Investment Bank
April 6th, 2015
The UAE has joined the China-led US$50 billion Asian Infrastructure Investment Bank (AIIB) as a founding member, the government announced on Sunday. The Abu Dhabi Fund for Development, which has Dh8bn in capital, will represent the UAE government on ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
Price Deflation, Asset Prices, and Threats to Growth
April 3rd, 2015
When I read media discussions about deflation,” three separate meanings are often used more-or-less interchangeably. One meaning is the way that economists use the term, in which “deflation” means “inflation happening at a negative rate.” Inflation means that the ...
Financial Institutions Benefit from Video-Driven Analytics and Insight with March Networks Searchlight4
April 2nd, 2015
March Networks®, a leader in intelligent IP video surveillance for financial institutions worldwide, is pleased to introduce March Networks Searchlight™4 for Banking. The new, video-based business intelligence solution provides banks and credit unions with exceptional insights into customer service, ...
Citigroup Report Chides Law Firms for Silence on Hackings
March 31st, 2015
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...
Petrobras Investors Claim PwC Ignored Red Flags of Fraud
March 31st, 2015
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned a “blind eye” to the fraud and ...
Should Individual Tax Returns Be Public Information?
March 30th, 2015
My guess is that if you asked Americans if their income taxes should be public information, the answers would mostly run the spectrum from “absolutely not” to “hell, no.” But the idea that tax returns should be confidential and ...
Oil price ‘could fall to $30’ say trading experts
March 27th, 2015
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies in the Middle East appeared to ease. Against this backdrop, ...