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PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
- PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
- Broadcom taps Alphabet executive Amie Thuener as next CFOUS chip designer Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Ki...
- Rahul Mullick quits PricewaterhouseCoopersRahul Mullick, an executive director in the advisory division of PricewaterhouseCoopers (PwC) India, has put in his papers.
- UK plans GBP83 billion spending cuts to bring down deficitUK outlined massive cuts across all govt departments and spending, designed to reduce UK's massive deficit, the largest in Europe over four...
- India Inc ups hiring amid revival signsIndia Inc's hiring activities are picking up once again as economic conditions are looking up considerably, experts say. Future job prospec...
- BSNL drops plan to bid for Tunisia licenseBSNL has dropped its plans to bid for telecom licence in Tunisia as PSU finds the returns not enough to enter that market through bidding o...
- PwC, E&Y among 8 shortlisted consultants by BSNLBSNL shortlisted eight consultants, including Ernst & Young, McKinsey, KPMG and PriceWaterHouseCoopers, for its plans of mergers and acquis...
- CAs could be barred for lifetime, if found guilty: ICAIApex chartered accountants institute ICAI has so far barred CAs from practising for a maximum of five years in 41 cases, but may ban those ...
- ICAI for severe punishment for Satyam CAs and auditorsThe apex body of Chartered Accountants said any member of the body found guilty in the Satyam financial wrong doings would be severely puni...
- PricewaterhouseCoopers acquires ECSPricewaterhouseCoopers (PwC) has concluded a transaction to acquire all shares of ECS Ltd from its erstwhile owners, Eicher Goodearth.
- IT industry insulated from economic downturn: NasscomIT industry is insulated from the financial crisis that has hit many economies globally, and companies here have not stopped hiring profess...
- 750 jobs to be cut at Lehman BrothersAdministrators at Lehman Brothers' British operations on Tuesday announced 750 job cuts at the bankrupt investment bank.
- Societe Generale boss admits faults in control systemsThe head of French bank Societe Generale, who faced pressure to resign over a massive rogue trader scandal, admitted in an interview publis...
- AMCHAM appoints Atul Singh as ChairmanAmerican Chamber of Commerce (AMCHAM) in India on Friday appointed Atul Singh, the President and Chief Executive Officer (CEO) of Coca-Cola...
- ITC achieves carbon and water positive statusDiversified conglomerate ITC Limited has achieved the milestones of a carbon positive, water positive and close to zero solid waste dischar...
- Audit mergers aren’t made in heavenMergers, in general, are painful. And when they happen between accountancy and tax firms, they can even be unproductive.
- Hit the express route to reach Rajkot in 7 hoursRajkot to Mumbai in seven hours flat? After expressways connecting Ahmedabad-Vadodara, Vadodara-Surat and Surat-Mumbai, now you may zoom th...
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