Diabytes
IFRS News
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Toshiba Corp said it plans to invest 360 bn yen ($3.2 bn) to build a new semiconductor facility in Japan, showing it wants to grow its chip business even as it eyes the sale of other units such as appliances and healthcare.
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US-based law firm Lundin Law, which specialises in securities litigations is investigating claims against Dr Reddy's Laboratories for possible violations of federal security laws, which the drug maker has denied.
The move is expected to significantly enhance the quality and transparency in financial reporting by Indian firms.
The government Friday said that companies with a networth of Rs 500 crore or more will have to mandatorily follow the new accounting norms that are converged with global standards from April 1, 2016.
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