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WIRECARD BANKRUPTCY
EY fined over audits of failed German payments firm WirecardGermany's APAS accounting oversight body said it imposed the fine for breach of professional duty in auditing Wirecard from 2016 to 2018. I...- How Adani selloff stacks up against the biggest stock collapsesThe short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend...
- Goldman expects Paytm to turn profitable in March quarter; Elon Musk faces tough choices on Twitter payments: reportPaytm’s stock has been on a steady decline since the company’s public market debut in November 2021, wiping out crores of investors’ wealth...
- Elon Musk faces difficult choices on Twitter payments: reportAccording to a Financial Times report, The first instalment of interest payments on $13 billion of debt he used to fund the takeover could ...
- Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
- Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
- View: The blow-up of Archegos Capital has a few lessons for IndiaIn India, there wasn’t much of a reaction at all. Archegos owner Bill Hwang lost his fortune, and a couple of banks posted a few billion do...
- Wirecard’s Indian deal started with ‘fraud’, UK judges sayThe transactions in 2015 are being scrutinised in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Pvt. L...
- UK's Big Four auditors await shake-up as corruption probes add upUK authorities want the industry to separate audit and consulting activities, while increasing oversight and competition following allegati...
- View: Hijacking bankers to catch swindlers is a terrible, terrible ideaThe big idea behind the current-account regulation seems to be this: If taxpayer-funded banks can’t hope to recover much from dead companie...
- Pine Labs eyes Asia operations of sinking WirecardAt least four major payment deployers, including Hitachi Payments and Atos-backed Wordline Technology, have made enquiries about its sale, ...
- Wirecard headquarters raided in probe of accounting scandalTwelve prosecutors were supported by 33 police officers as well as police IT experts in Wednesday's raids, Munich prosecutors said. Five lo...
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