Microsoft to miss sales forecast due to COVID-19 outbreak

San Francisco, Feb 27 : After Apple, Microsoft has revised its revenue guidelines for its January-March quarter owing to Coronavirus (COVID-19) outbreak, saying the supply-chain has been slowed down which will impact its Windows and Surface businesses. In a statement, the company said although it sees strong Windows demand in line with its expectations, “the […]

SpiceJet to start 11 new domestic flight services from March

New Delhi, Feb 26 : Budget carrier SpiceJet on Wednesday said that it will commence 11 new flight services from March 29. The airline will introduce non-stop flights on the Mumbai-Leh, Leh-Srinagar and Srinagar-Mumbai routes for the first time on its network. “The airline will also enhance its operations with additional frequencies on Mumbai-Rajkot, Delhi-Dharamshala […]

Whistle-blowers’ complaints ought to be considered by auditors

New Delhi, Feb 26 : The Ministry of Corporate Affairs (MCA) has mandated auditors to consider whistle-blower complaints against companies in their audit process. An official statement said that the Central government has notified the Companies (Auditor’s Report) Order, 2020 (CARO, 2020) in line with its objective of strengthening the corporate governance framework under the […]