Pwc

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Pwc - Total results - 110
GST collection crosses Rs 1 lakh cr-mark in February; gross revenue up 8% at Rs 1.05 lakh cr
Business

GST collection crosses Rs 1 lakh cr-mark in February; gross revenue up 8% at Rs 1.05 lakh cr

GST revenues during February from domestic transactions have shown a growth of 12 percent over the same month last year

Satyam scam: In setback to SEBI, SAT squashes ban on PwC; allows disgorgement of Rs 13 cr from auditing firm
Business

Satyam scam: In setback to SEBI, SAT squashes ban on PwC; allows disgorgement of Rs 13 cr from auditing firm

In a major setback to SEBI, SAT Monday overturned the markets regulator's order banning Price Waterhouse Coopers from auditing any listed company for two years for its role in the Rs 7,800-crore Satyam scam

Reliance Capital's joint auditors say no breach of Companies Act ; reject PWC allegations
Business

Reliance Capital's joint auditors say no breach of Companies Act ; reject PWC allegations

Reliance Capital on Thursday said its joint auditors have confirmed that there are "no violations" as alleged by the firm's previous auditor Price Waterhouse & Co Chartered Accountants LLP (PWC)

DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake
Business

DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake

DHFL has received non-binding indicative term sheets as part of the proposed corporate restructuring of the company

Auditors to debt-ridden DHFL raise red flags around quarterly results; trigger fresh concern about future of troubled lender
Business

Auditors to debt-ridden DHFL raise red flags around quarterly results; trigger fresh concern about future of troubled lender

DHFL, one of India’s biggest housing finance companies with almost 1 trillion rupees ($14.52 billion) in debt, has been hard hit by a liquidity crunch

CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: Govt
Business

CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: Govt

Ministry of Corporate Affairs, which holds that view, is yet to send any formal request to the CCI to probe the matter, said the official.

SEBI proposes tighter disclosure for auditor resignations, says quitting before completion of audit hampers investor confidence
Business

SEBI proposes tighter disclosure for auditor resignations, says quitting before completion of audit hampers investor confidence

SEBI also proposed a format for disclosing reasons when the auditor of a listed entity or one of its material units resigns

Anil Ambani's Reliance Group to lease out company headquarters in Mumbai to raise funds to pay off debt
Business

Anil Ambani's Reliance Group to lease out company headquarters in Mumbai to raise funds to pay off debt

Reliance infrastructure plans to monetise its marquee Reliance Center Office located in Santacruz East, Mumbai, the company said in a statement

National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing
Business

National Anti-Profiteering Authority's extension reveals neta-babu tribe is not going to give up its chance to meddle with pricing

The extension, without a freeze on new complaints, has also shown that the Jaitley-Adhia assurances that the NAA will be a benign, purely deterrent mechanism were also hollow.

Reliance Capital, Reliance Home Finance shares plunge for third day, drop up to 9.3%
Business

Reliance Capital, Reliance Home Finance shares plunge for third day, drop up to 9.3%

Shares of Reliance Capital and Reliance Home Finance fell for a third consecutive day on Friday, with the former plunging up to 9.3 percent after PwC resigned as the statutory auditor of both companies

SEBI, MCA probe PWC's resignation as auditor of RCap, Reliance Home Finance; ask stock exchanges to collect necessary information
Business

SEBI, MCA probe PWC's resignation as auditor of RCap, Reliance Home Finance; ask stock exchanges to collect necessary information

The development assumes significance in the wake of the auditors' role coming under the scanner of multiple agencies in cases involving various corporate houses, including listed companies.

Reliance Capital, Reliance Home Finance shares tumble up to 7% as PWC resigns as statutory auditor
Business

Reliance Capital, Reliance Home Finance shares tumble up to 7% as PWC resigns as statutory auditor

Shares of Reliance Capital and Reliance Home Finance on Wednesday tumbled up to 7 percent after Price Waterhouse & Co Chartered Accountants (PWC) resigned as statutory auditor of both the companies

PWC resigns as statutory auditor of Anil Ambani-led Reliance Capital and Reliance Home Finance
Business

PWC resigns as statutory auditor of Anil Ambani-led Reliance Capital and Reliance Home Finance

Anil Ambani-led Reliance Capital and Reliance Home Finance on Wednesday said Price Waterhouse & Co Chartered Accountants (PWC) has resigned as statutory auditor of both the companies

CBIC clarifies on levy of GST on sales promotion schemes; taxes to be paid on price recovered from customer
Business

CBIC clarifies on levy of GST on sales promotion schemes; taxes to be paid on price recovered from customer

Under the GST law, supply includes all forms of supply of goods or services including sale, transfer, lease or disposal made or agreed to be made for a consideration in course of furtherance of business.

India likely to surpass UK in world's largest economy rankings in 2019, says PwC report; climb likely to be permanent
Business

India likely to surpass UK in world's largest economy rankings in 2019, says PwC report; climb likely to be permanent

PwC’s Global Economy Watch report projects real GDP growth of 1.6 percent for the UK, 1.7 percent for France and 7.6 percent for India in 2019.

E-commerce curbs could hit online sales by $46 billion by 2022, says PwC draft analysis
Business

E-commerce curbs could hit online sales by $46 billion by 2022, says PwC draft analysis

E-commerce firms in India will from 1 February not be able to sell products via companies in which they have an equity interest or push sellers to sell exclusively on their platforms.

Samsung has been ranked 4th among 1,000 companies in terms of R&D spending
News & Analysis

Samsung has been ranked 4th among 1,000 companies in terms of R&D spending

Samsung spent $15.3 billion on R&D projects from the second half of 2017.

India needs to create 100 million new job opportunities in next decade: PwC report
Business

India needs to create 100 million new job opportunities in next decade: PwC report

PwC's Strategy & report, 'Nagarik: Inclusive growth through large-scale employment generation', highlighted practical ways of raising employment across the country over the coming decade and noted how connecting local resources of the country's smaller districts to markets can lead to large-scale employment generation.

Amrapali fund diversion: Why auditors should be sent to cleaners for enabling dubious cash deals
Business

Amrapali fund diversion: Why auditors should be sent to cleaners for enabling dubious cash deals

That Amrapali auditors turned a blind eye to its management’s shenanigans for a quid pro quo, makes it a Satyam redux.