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PWC FEMA VIOLATION
PwC India to challenge ED’s Rs 230-crore penaltyPwC would file an appeal at the tribunal level in the next few days that would challenge the basis on which ED has interpreted the law and ...
24 Sep, 2019, 07.01 AM IST
PWC fined Rs 230 crore for Foreign Exchange Management Act violationAn investigation against PwC and its functionaries commenced on the basis of specific input stating that the company had allegedly received...
17 Sep, 2019, 07.15 AM IST
ED slaps over Rs 229-crore FEMA show cause penalty against PwCThey said the notice was issued under the Foreign Exchange Management Act (FEMA) after completion of probe by the adjudicating authority wh...
13 Sep, 2019, 10.22 PM IST
Despite legal implication, some companies pay the ransom demanded by WannaCryThough lawyers and experts have been advising companies to not pay bitcoins, some Indian companies are believed to have gone ahead and paid...
16 May, 2017, 01.32 AM IST
SC notice to Centre, RBI over alleged PricewaterhouseCoopers irregularitiesSC has agreed to hear a petition for a probe against PwC for allegedly indulging in financial irregularities and fudging of accounts.
06 Dec, 2013, 02.56 PM IST
- Won't monitor retail dollars: RBI to Finmin
The finance ministry has also conveyed its disinclination to watch over the utilisation of funds to the department of industrial promotion ...
18 Dec, 2012, 04.03 AM IST
- Curbs go kaput as firms brandish put options
Beyond the radar of the government and regulators, several Indian companies are offering ‘put options’ to foreign investors to raise money.
31 Jul, 2007, 01.05 AM IST