Seeking more transparency in the wake of mounting workload, the information and broadcasting (I&B) ministry is planning to hire a panel of chartered accountancy firms which will scrutinise and evaluate the various financial and technical data provided by the broadcasters, FM radio companies and DTH operators. The job includes verification of net worth, cases of mergers/demergers, disinvestments, verification of gross revenue figures of DTH and FM radio operators, determination of interest on delayed payments and cases referred to the foreign investment promotion board (FIPB), among others. Sources say this will be the first instance when the I&B ministry is planning to hire such a panel to assist it
Source: Financial Express
No comments:
Post a Comment