PwC China faces 6-mth business ban, large fine over Evergrande audit, sources sayChinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China...
22 Aug, 2024, 03.41 PM IST
PwC loses major client Bank of China amid regulatory probePwC has lost its biggest mainland China client, Bank of China, to EY. This change follows a regulatory probe into PwC's work with China Eve...
20 Aug, 2024, 10.07 AM IST
PwC to slash China partners' pay after being hit by client exodusPwC has asked its China-based partners to take up to a 50% pay cut amid a regulatory probe and client departures, prompting cost cuts and l...
18 Jul, 2024, 01.31 PM IST
PwC weighs halving of China financial services audit staffPwC plans to cut up to half its financial services auditing staff in China amid regulatory scrutiny and client departures. The firm, which ...
17 Jul, 2024, 11.02 AM IST
Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...
10 Jul, 2024, 01.33 PM IST
PwC names new China head amid regulatory scrutinyPwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effe...
03 Jul, 2024, 04.17 PM IST
PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
30 May, 2024, 01.03 PM IST
China's real estate magnate Hui Ka Yan loses 93 per cent of his wealthOnce the second-richest person in Asia, the China Evergrande Group chairman's fortune is considerably diminished, moreover, Hui is also fin...
22 Jan, 2023, 06.56 AM IST
The $15 billion reason why Asia bond defaults could riseGS forecasts a 3 per cent default rate next year for Asia high-yield corporate bonds.
20 Nov, 2019, 02.56 PM IST
Indian companies wary of China dumping solar equipmentWith over 100 GW of this target dependent on solar power, and the govt’s plans to scale up domestic manufacturing in India by offering capi...
08 Jun, 2018, 11.40 PM IST
Budget 2015: No major relief for struggling aviation sector, say experts"Overall, nothing to write home about. India's troubled aviation sector will continue to struggle for another year," Amber Dubey said.
28 Feb, 2015, 09.41 PM IST
Foreign banks await more details on subsidiary guidelines: PwCConsultancy firm PwC said foreign banks are awaiting more details about the RBI guidelines on subsidiarisation of their Indian outfits.
11 Dec, 2013, 07.21 PM IST
Government tells firms to be more adventurous in oil questForeign minister told energy firms on Tuesday to be more adventurous in searching for oil supplies.
03 Sep, 2013, 06.37 PM IST
- Death of a PwC employee: Concerns about work fatigue & stress in offices in China
Of some 5,000 Chinese employees polled across the country, nearly 45% of respondents said they often felt they were suffering during and af...
05 Jun, 2011, 03.54 AM IST
- Now, bankers come under fire for high bonuses in UK
RBS has set aside GBP 1.7 billion for staff bonuses, and Barclays has opted for gulf money to protect its bonuses. 2008: Year of financial ...
03 Nov, 2008, 07.42 PM IST
- PE firms adopt alternatives for better returns
PE firms are mainly diversifying into infrastructure assets, debt funds and energy technology investments. FII Investments | MF Investments...
23 Oct, 2008, 05.41 PM IST
- India top destination in global IT cos' hiring spree
As the talent hunt for skilled technology workers intensifies worldwide, India has emerged as the top destination for global IT companies' ...
08 Nov, 2006, 03.50 PM IST