Big scam in the making? Ex-CFO accuses PwC of cooking books, evading tax and flouting lawsFormer CFO Sarvesh Mathur revealed that PwC intimidated, cheated and tarnished his name when he refused to help cover up the white-collar c...
25 Jul, 2017, 11.18 AM IST
Government to ensure that black money amnesty window is not misused by offenders under tax radarTaking forward the government’s resolve to crack down on black money, Finance Minister Arun Jaitley unveiled the Income Declaration Scheme.
07 Mar, 2016, 06.41 AM IST
When hiring sucks out rival co's soulAkshay Chudasama took 18-odd people from J Sagar Associates to Shardul Amarchand Mangaldas' Mumbai office where he joined as managing partn...
26 Sep, 2015, 11.59 AM IST
Special Court to pronounce verdict in Satyam case tomorrowThe scam had come to light on Jan 7, 2009, after the firm's founder B Ramalinga Raju allegedly confessed to manipulating his cos account bo...
08 Apr, 2015, 11.16 AM IST
Much-awaited verdict in Satyam fraud case likely tomorrowThe Enforcement Directorate had also filed a charge sheet against them under Prevention of Money Laundering Act.
08 Mar, 2015, 02.38 PM IST
Court to pronounce verdict in Satyam case on March 9CBI's Special Public Prosecutor K Surender said, "The judge set March nine as the final date for verdict in the Satyam case."
23 Dec, 2014, 12.36 PM IST
FTIL exits MCX; completes 15 per cent stake sale to Kotak Mahindra BankFTIL announced sale of 15% stake in MCX to Kotak and last month the company sold residual 5% stake in the bourse for over Rs 200 cr.
30 Sep, 2014, 09.43 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
We have managed to address perception issues that hit the audit firm post the Satyam scam: Deepak Kapoor, PwC India ChiefIn less than two years, he turned around the firm and has addressed “perception issues” following the Satyam scam, which dragged in its wak...
09 Oct, 2012, 10.35 AM IST
- PwC India dressed up books to show profits
Serious violations of accounting principles as well as major financial irregularities have been detected in several entities of Pricewaterh...
12 Mar, 2012, 11.39 AM IST
- PW Bangalore availed of $60 million insurance without paying single penny in premium
PW Bangalore utilized over 95% of a $60 mn cover to meet post-fraud litigation expenses & damages without paying a single rupee towards pre...
29 Feb, 2012, 09.04 AM IST
- PwC's 200 crore unexplained inflows help avoid losses
Several PricewaterhouseCoopers India entities would have ended 2010-11 with losses had it not been for large amounts of “sundry income” rec...
17 Jan, 2012, 11.12 AM IST
- Mahindra Satyam cautious on damages claim against former board, PWC
Mahindra Satyam is exercising caution on damages claimed in a suit filed against its former board of directors, certain employees and audit...
12 Jan, 2012, 05.37 AM IST
- Satyam to pay $125 million to settle US suit
Satyam Computer Services, was at the centre of India's biggest corporate fraud in January 2009 when founder Ramalinga Raju confessed to coo...
18 Feb, 2011, 04.32 AM IST
- Court completes examination of accused in Satyam scam
After examination of the accused, XXI Additional Chief Metropolitan Magistrate (ACMM) BVLN Chakravarti scheduled a hearing for arguments on...
16 Aug, 2010, 05.29 PM IST
- Over 15 PwC tax professionals quit; to join rival KPMG
Over 15 senior executives of the PricewaterhouseCoopers, whose Bangalore-based arm audited accounts of scam-hit Satyam Computer Services, h...
28 Dec, 2009, 09.45 PM IST
- Satyam audit reports may be deemed unreliable: PwC
PwC says its opinions on Satyam's financial statement may be rendered inaccurate and unreliable, given revelations of fraud by Raju. US aud...
14 Jan, 2009, 01.20 PM IST