The Committee of Experts (COE), constituted by the Ministry of Corporate Affairs, has given a clean chit to the Big Four audit firms in the case of surrogate practice in India.

The central probe agency's zonal office in Bengaluru has also written to Karnataka Police seeking all FIRs filed by it against the firm on the alleged chit fund scheme being run by it in order to study the case comprehensively.

Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The Sensex and Nifty closed higher in line with the global peers on cues that the global economy was on growth track amid escalation of tariff war between US and China. While the Sensex rose 260 points higher to 35,547, the Nifty rose 61 points to 10,772 level.

The Sensex and Nifty closed higher in line with the global peers on cues that the global economy was on growth track amid escalation of tariff war between US and China. While the Sensex rose 260 points higher to 35,547, the Nifty rose 61 points to 10,772 level. Top gainers on the Sensex were Reliance Industries, IndusInd Bank, and Vedanta. Small cap and midcap indices on the BSE rose 0.27% and 0.23%, respectively.  The revival was led by banking stocks with BSE Bankex rising 1.04% or 306...

Small cap and midcap indices on the BSE rose 0.27% and 0.23%, respectively. The revival was led by banking stocks with the BSE Bankex rising 1.04% or 306 points to 29,709 level. Bank Nifty too rose 292 points to 26,557 level.

Files collected by the agency pertained to the FDI proposal made by the airline and clearances granted by the FIPB (abolished later) to AirAsia so that it can launch its operations in India, an official said.

The Ministry of Commerce has roped in the ED, RBI, CCI and Income Tax department to examine the allegations raised by RSS affiliate Swadeshi Jagran Manch (SJM) against the Walmart-Flipkart deal.

While the CBI has filed an FIR against AirAsia India for alleged violation of FIPB norms, the aviation regulator Director General of Civil Aviation (DGCA) had given a clean chit to the low-cost carrier in February 2017.

In a statement, the domestic carrier said that allegations regarding indirect foreign control in violation for norms were fully investigated by the Director General of Civil Aviation (DGCA).

The agency took over the case on the basis of a chargesheet filed by the Income Tax Department against Burman as part of its probe in the leaked HSBC list of the Indians. The trial in the case is yet to start.