NFRA imposes ₹10 crore penalty on BSR & Associates, debars two partners
New Delhi: Audit regulator National Financial Reporting Authority (NFRA) on Monday imposed a hefty penalty of ₹10 crore, one of the highest in the history of the regulator, on BSR & Associates LLP, an independent audit firm which has a contractual relationship with KPMG, for alleged lapses in the audit of Coffee Day Enterprises Ltd…