As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
23 Jun, 2026, 01.53 PM IST
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...
04 Jun, 2026, 11.56 PM IST
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...
03 Jun, 2026, 08.10 PM IST
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...
23 Apr, 2026, 03.38 PM IST
China imposes six month suspension and $62 million fine on PwC following Evergrande controversyChina's finance ministry has imposed a six-month business suspension on PwC's auditing unit in mainland China due to its role in auditing E...
13 Sep, 2024, 02.13 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
UK online fashion retailer ASOS delays results until November 1"The short delay is to allow its auditor, PwC, to complete its planned testing. PwC has assured the Board that the outstanding procedures a...
24 Oct, 2023, 08.49 PM IST
PwC resigns as auditor of Paytm Payments Services LimitedPrice Waterhouse Chartered Accountants Llp (PWC) has resigned as auditor of Paytm Payments Services Limited (PPSL) from August 7, 2023, due...
07 Aug, 2023, 09.56 PM IST
PwC Australia scandal latest of many around the globe for the firmPricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 ...
26 Jun, 2023, 12.47 PM IST
Reliance Capital plans to file Rs 10,000 crore defamation suit against PwCSome shareholders of Reliance Group are mulling action against the auditor for eroding their investments.
13 Aug, 2019, 09.37 AM IST
Reliance Capital calls PWC's observations baseless, unjustifiedPwC said it felt compelled to withdraw after not receiving "satisfactory response" to queries.
13 Jun, 2019, 03.25 PM IST
PwC red flags holes in Reliance Capital, Home Finance booksThe irregularities involved alleged diversion of funds between the two firms and other group companies.
13 Jun, 2019, 08.41 AM IST
Deloitte may not challenge PwC’s MCX auditDeloitte, MCX's current auditor, audited the exchange's books in FY04-FY09 and FY13. PwC's special audit focused on the period between Apri...
05 May, 2014, 04.00 AM IST
- Madoff victims to sue PwC for bns of pounds: Report
World's largest accounting firm, PricewaterhouseCoopers, is being sued for bns of pounds over its role as an auditor to one of the feeder f...
23 Aug, 2009, 05.21 PM IST
- PwC partners' arrest worries more firms
Some other firms being audited by PwC too said they were worried about the arrest of the global auditing firm’s partners, S Gopalakrishnan ...
25 Jan, 2009, 10.29 AM IST
Two PwC officials arrestedThe Andhra Pradesh state police on Saturday arrested two auditors of PricewaterhouseCoopers, Talluri Srinivas and S Gopalakrishnan, on char...
25 Jan, 2009, 12.51 AM IST
- Wary investors exit PwC clients
Tremors from the Satyam fraud are now being felt by many other listed companies who have one element in common with the ill-fated software ...
10 Jan, 2009, 01.08 AM IST