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Mallya default singes top auditing companies

Some of world’s top auditing firms, including Price Waterhouse, Grant Thornton, Deloitte LLP and Walker Chandiok & Co, are under scrutiny with a slew of regulators seeking answers on their valuation, auditing and due diligence of UB Group companies over…

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Why cotton is withering

What?s wrong with cotton prices ? that?s the top-of-mind question in the cotton market today. The current year?s cotton crop is very small, exports from India are robust and the carry-forward stock is expected to be very tight. Then why…

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Raw sugar exports rise to 2 million tonnes

Rising international prices for raw sugar and a recent budget announcement by the Maharashtra government is seen pushing up exports of the commodity to 2 million tonnes this year. In its budget announcement on Friday, the Maharashtra government proposed that…

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