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Archive: 26 January 2011

Posts in 26 January 2011

CA and three others held for bank fraud by police

January 26, 2011 576 Views 0 comment Print

A chartered accountant (CA) and her three accomplices were arrested by the MIDC police after they applied for loans against the same house from two banks. Anita Chaudhary, Anil Shelar, Shrisheila Sandimantri and Suresh Joshi have been booked on charg

Satyam fraud result of corporate governance failure not of accounting or auditing failure – ICAI

January 26, 2011 348 Views 0 comment Print

Speaking on the sidelines of an international taxation conference here on Monday, Chopra said, “There were promoter shareholders, executive directors and directors, and the auditors were the last rung. On the other side, there were independent direct

What do credit card numbers mean and how are they generated?

January 26, 2011 3054 Views 0 comment Print

Out of the 16 numbers on a typical credit card, the set of first 6 digits is known as the issuer identifier number (read this for details), and the last digit is known as the “check digit” which is generated in such a way as to satisfy a certain cond

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