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PWC REPORT
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...
- Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expertsPetrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising...
- Streaming firms eye one-stop shops to build scale and profitabilityAmazon's integration of MX Player with Prime Video signals a trend towards unified streaming platforms in India. This move aims to reduce c...
- AI models raise telecom cyber threat concerns in IndiaCommunications minister Jyotiraditya Scindia convened an unscheduled meeting last week with telecom companies and academia to understand th...
- Haryana policy change drives developer interest in senior livingHaryana's new retirement housing policy is boosting senior living projects. Developers can now build more units, making projects more viabl...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- 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...
- Atomic impact: Nuclear-powered AI infrastructure could be India’s geopolitical moatIndia's nuclear advancements, including the Kalpakkam PFBR and plans for small modular reactors, are set to power its ambition to become a ...
- Global streaming platforms trade control for scale in India’s OTT marketStreaming powerhouses are choosing to partner with Indian digital platforms, looking to delve into the rapidly expanding OTT market without...
- Citigroup says AI helps speed account openings and systems upgradesUS banks are embracing AI, the biggest technological upheaval to the world economy since the internet, to boost productivity and, in some c...
- Cyber pirates at large, India readies moatsThe Indian Computer Emergency Response Team (CERT-In), Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi) and defen...
- SFIO summons former top executives of IndusInd Bank in accounting probeThe Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...
- NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...
- You just need to upskill quicker at AI-linked jobs: ReportSkills in AI-exposed jobs are evolving 66% faster, driven by automation and AI adoption, according to PwC. Industries like software publish...
- IndusInd says derivative losses at Rs 1979 crore based on PWC reportIndusInd Bank disclosed a Rs 1979 crore loss in its derivative portfolio due to account discrepancies, as revealed in a PWC report. The ban...
- Indian enterprises increase AI adoption, says reportAccording to a PwC report titled 'Towards a smarter tomorrow: Impact of AI in the post-COVID era' the industrial products and manufacturing...
- How to prepare your company for a successful M&ABusinesses are looking to adapt to the changing times with vigour, whether through embracing technology, acquiring new markets, or diversif...
- Amidst liquidity crunch due to Covid, businesses face risk of frauds, round tripping and evergreening of loans: PwC reportUnstable cashflows and low reserves, coupled with a restricted ability to seek additional debt or equity financing, can create immense pres...
- New segments to enter fintech landscape in India this year: ReportThe report is based on a nationwide survey of 45 Indian financial services and Fintech executives, mapped against a global survey of 1,308 ...
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