ONGC's subsidy burden being cut

Last Updated: Monday, December 8, 2014, 19:12

The government plans to sell 5 percent stake in ONGC worth about $2.5 billion as part of its divestment programme.

CAG wants $357.16 mn of RIL's KG-D6 cost disallowed

Last Updated: Friday, November 28, 2014, 16:56

The CAG found irregular payment of USD 427.48 million to contractors, of which it sought disallowance of at least USD 77.36 million cost.

Fiscal deficit at 90% of Budget Estimates in end Oct

Last Updated: Friday, November 28, 2014, 16:10

Net tax receipts in the first seven months (April-October) of the current fiscal stood at over Rs 3.68 lakh crore, or 37.7 per cent of the BE

Apply value criteria universally to all 42 coal blocks: Panel

Last Updated: Friday, November 28, 2014, 15:32

It was decided at the recent meeting of the panel to seek experts from the office of the CAG on the issue.

CAG audit will tell where the money went: Kejriwal on power tariff hike

Last Updated: Saturday, February 1, 2014, 12:06

Reacting to the hike in power rates, Delhi Chief Minister Arvind Kejriwal on Saturday said the Comptroller and Auditor General`s report on discoms would ascertain the lack of funds as stated by power distribution companies.

CAG scrutinising accounts of Delhi discoms

Last Updated: Friday, January 31, 2014, 17:41

The Comptroller and Auditor General (CAG) has started scrutinising accounts of the three private power distribution companies amid their confrontation with the Delhi Government over a number of issues.

After discoms, Arvind Kejriwal orders CAG audit of BRT operator

Last Updated: Tuesday, January 28, 2014, 22:05

The Delhi government on Tuesday ordered an audit into finances of Delhi Integrated Multi-Modal Transit System (DIMTS), which operates infrastructure projects including the controversial Bus Rapid Transit (BRT) corridor in the city.

Apex transporters' body demands transparent toll policy

Last Updated: Tuesday, January 28, 2014, 15:12

Terming the toll policy of the government "non-transparent", apex transporters' body AIMTC Tuesday demanded that road contracts on build, operate and transfer structure be brought under the purview of CAG.

Chhattisgarh AG finds irregularities worth crores in Naxal-hit Bastar area

Last Updated: Tuesday, January 28, 2014, 15:02

Various alleged administrative and financial irregularities worth crores have been pointed out in execution of development works in worst Naxal-hit Bastar district of Chhattisgarh by state Accountant General.

NCR residents demand CAG audit into DND flyway accounts

Last Updated: Tuesday, January 28, 2014, 00:53

Members of Confederation of NCR Residents Welfare Association (CONRWA) demanded CAG audit into the finances of Delhi Noida Direct Flyway, alleging that DND management was manipulating the accounts.

Telecom stocks tumble on CAG audit scare, down up to 4.4%

Last Updated: Monday, January 6, 2014, 18:57

Shares of Tata Teleservices Maharashtra plunged 4.4 percent, while Idea Cellular fell by 1.88 percent on the BSE.

No place for CAG interfering into private cos books: Ficci

Last Updated: Monday, January 6, 2014, 18:08

In a significant ruling, the Delhi High Court on Monday held that the Comptroller and Auditor General of India (CAG) can audit the accounts of private telecom operators under the relevant provisions of the law.