Business Tit-Bits: PwC’s illegal Rs 500 crores
It was in January 2009 that Satyam lost its reputation in the giant corporate scam that rocked India and so did its auditor PwC, which...
Tag : Satyam
Big firms, big blatant violations
With global revenues of USD 41.2bn in 2018, PwC is the second-largest audit/accounting firm in the world, with a presence in almost 180 countries ...
Business Tit-Bits: The Satyam that was not
While the takeover and change of management of Satyam was a quick and resounding success, it has not been so in the case of ILFS,...
The Satyam that was not
“With almost every bank and institutional lender having exposure to ILFS, its dangerous contagion effect would destabilise the entire banking and finance sector of India,...
The Big Four Deserve Big Punishment
In a huge setback to Deloitte and BSR, the KPMG Indian firm, the National Company Law Tribunal (NCLT), dismissed their petition, challenging the very authority...
The Big Crisis of the Big Four
The past few months in particular, have been perhaps the worst ever for KPMG, Deloitte, PwC and EY; these giant multinational audit/accounting firms, popularly known...