The Securities Exchange Board of India (SEBI) stated recently that system audits of mutual funds in India must be conducted by CISA/CISM-certified (or equivalent) auditors. ISACA, a global association of 86,000 IT and business professionals and a provider of IT knowledge and certifications, believes that this is a crucial step undertaken by SEBI, considering the importance of systems audit in the technology-driven asset management activity.
After trading in the range of 15,100-16,000 during the period between the middle of July and September 7, 2009, the BSE Sensex has finally crossed and closed above the upper band. Not only has the Sensex doubled from its multi-year lows (on March 9), even price to earnings (P/E) has jumped almost 100 per cent from 10.9 times in March to 19.44 times now. The Sensex has outperformed the world markets with only Hang Seng coming close to it with 74 per cent return. The markets in Europe, US and Japan are almost half way through the Sensex rise.
NEW DELHI (Reuters) - India's July-September quarter GDP growth, for which data is due at 0530 GMT, is expected to be robust, Finance Secretary Ashok Chawla said on Tuesday.
The Skoda Yeti might be called a mission of finding a niche within a niche, which is more or less accomplished when you see it on the road. It is not a traditional SUV, where the price-to-size ratio is paramount; it is not even a crossover vehicle. Let me try define the Yeti to the best of my abilities. This could well be a compact SUV with the appeal of an off-roader and the convenience of a sedan. It s a car that s comfortable off-road, and a 4x4 that s even more comfortable on it. The interiors are exactly what you would ...
MUMBAI (Reuters) - State-run lender Canara Bank plans to raise 20 billion rupees via qualified institutional placement (QIP), the Financial Chronicle newspaper said citing an unnamed senior company executive.
MUMBAI (Reuters) - Indian personal care products maker Godrej Consumer Products Ltd said on Friday it has acquired Naturesse Consumer Care Products Ltd and Essence Consumer Care Products Ltd.