Silicon Valley heads to Europe, nervous about new rules
The main reason so many Silicon Valley executives are paying court in the European Union's capital: EU lawmakers are debating a new digital policy, including first-of-its-kind rules on the ways that artificial intelligence can be used by companies.
Irregularities found at Pakistan’s top bank after U.S. sanction
The findings are contained in a State Bank of Pakistan report, finalized in t...
Price Waterhouse to stop offering any non-audit services to their audit clients regulated by NFRA
This essentially means that no PwC network ...
Govt starts search for new Sebi chief
The Centre has started a search process to find the next chairman of the Securities and Exchange Board of India (Sebi). Incumbent Sebi chief Ajay Tyagi’s three-year term ends in March.
Government may get Rs 45,000 crore cushion on corporate tax cut
The govt is estimating a Rs 1 lakh cr loss due to a reduction in corporate tax, lower than what was expected.
Just Herbs raises $1.5 million in pre-series A funding
The company said the funds will be infused towards portfolio and distribution expansion besides new customer acquisition.
BPSL waived Rs 2.6k cr advances and undersold assets, reveal audits
The Enforcement Directorate (ED), which is probing alleged money-laundering by the promoters of the now-bankrupt company, has recorded findings of BDO, PricewaterhouseCoopers and Duff & Phelps in its investigation report. ET has seen the report. The National Company Law Tribunal initiated bankruptcy proceedings against BPSL on June 22, 2017.
Reliance Home bond investors to meet Thursday
RHFL has an outstanding bond liability of about Rs 3,500 crore, with both institutional and individual ownership.
Sebi challenges SAT ruling in PwC-Satyam case
The tribunal had quashed the order but partly allowed disgorgement of the Rs 13 crore fee from the auditors concerned.
Baroda AMC and BNP Paribas AMC decide to merge
Bank of Baroda and BNP Paribas Asset Management Asia have entered into binding agreements, the two entities said in a joint statement.
Bank of Baroda, BNP Paribas to merge asset management units
Bank of Baroda was being assisted by BOB Capital Markets as its transaction advisor.
PwC India to challenge ED’s Rs 230-crore penalty
PwC 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 levied the fine.
Global consultancy firm to be engaged for rating police stations
“The selected auditing firm will be required to physically visit each one of the shortlisted police stations in all the states and union territories,” said an official, who did not wish to be identified.
Satyam scam: SAT quashes Sebi order of banning PwC for two years from auditing
The Securities and Appellate Tribunal (SAT) on Monday quashed an earlier order of Securities and Exchange Board of India (SEBI) to ban Price...
SAT quashes Sebi order of banning PwC for two years from auditing
SAT ruling went on to add that Sebi in fact has no jurisdiction banning any audit firm.
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