Enron

Will The NFRA Eclipse The ICAI?

10 years ago the Enron scam prompted the Sarbanes Oxley Act with measures to improve governance standards in corporate America and so was born the Public Company Accounting Oversight Board. PCAOB oversees the audits of public companies, has 2363 accounting firms registered with it, a staff of 766 and a budget of 245 million dollars.

ICICI Bank dips 4% on Dabhol power plant loan default alarm

The alarm had been raised after the power plant was rendered idle due to dwindling fuel supplies which indicates severity of a situation that threatens to turn huge funds given to gas-fired generation projects into bad debt.

Former Enron CEO's sentence cut by 10 years

The long-running battle between federal prosecutors and Skilling formally came to an end when US District Judge Sim Lake signed off on a negotiated sentence agreement

Former Enron CEO Skilling may be freed from prison earlier

Jeffrey Skilling, the former Enron Corp chief executive serving a 24-year prison term over the energy company's spectacular collapse, may get a chance to leave prison early.

Letter from the Editor: A whole new foundation for business

A whole new foundation for business

Where was SEC as trouble festered at Chinese companies?

Alarmed by widening accounting debacles at US-listed Chinese companies, American regulators are scrambling to stem the damage from gaps in laws adopted to protect investors after the Enron scandal a decade ago.