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PWC CHINA SCANDAL
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 to bring UK partner for help after Evergrande scandal hurts operations in China: ReportPwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expecte...
10 Sep, 2024, 07.57 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 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
How Ford burned $12 billion in BrazilFord Motor Co announced the closure of its manufacturing plants in January, dealing a heavy blow to its more than 5,000 workers in the coun...
20 May, 2021, 04.06 PM IST
Is India's automotive industry ready for an EV makeover?India's hurried, state-mandated switch to e-cars is sowing chaos in the auto sector that employs millions.
01 Jul, 2019, 05.10 PM IST
Business pressure & external regulation have changed the way audit firms workThese pressures have been telling on audit cos — Indian firms and MNCs, which include the Big Four and others such as Grant Thornton and BD...
24 Jun, 2018, 10.33 AM IST
need2know: Catch up with 10 triggers that may move markets todayA lowdown on top macro triggers that are likely to move the market on Thursday.
11 Jan, 2018, 07.54 AM IST
Do defence PSUs make better joint venture partners for foreign companies?DPSUs can boast JVs of a longer tenure with foreign defence giants than large local private cos, says a report. Does it matter? Maybe not.
08 Jul, 2013, 12.46 PM IST
How coal corruption extends beyond Coalgate and the vested interests involvedCoalgate barely plumbs the depths of the coal problem. ET describes the main players and the institutions in the coal mess and how they pla...
09 Sep, 2012, 07.19 AM IST
'PwC plans to take India headcount to 10k'Dennis M Nally shared his views on a wide range of topics from the challenges facing a global auditor to the scope for expanding the role o...
23 Jun, 2009, 12.45 AM IST
- India rocked by massive IT fraud, fears for economy, jobs
India reeled on Thursday over a false accounting scandal at outsourcing giant Satyam, likened to that at US energy giant Enron, amid fears ...
08 Jan, 2009, 03.13 PM IST
- Will Mashelkar's proposal spoil pharma cos' generics dream run?
The fight between India’s globally competent generic drugmakers and the R&D-intensive Big Pharma in the West, who are being increasingly ch...
17 Jan, 2007, 03.21 AM IST