Says Price Waterhouse could continue to service existing clients whose financial year started on January 1 2018
As per Sebi's 108-page order, the two erstwhile members have also been restrained from issuing any certificate of audit of listed companies, among others, for three years
PW was the statutory auditor for 85 listed firms in 2016-17, and these firms spent Rs 1 billion on audit expenses during the year
On Wednesday, Sebi barred Price Waterhouse's network entities from issuing audit certificates to any listed firm in India for two years
The manner in which the firm was wound down is the only lesson worth preserving
Currently, PW network firms carry out auditing activities for about 75 listed companies, an official in the know said
We have learnt the lessons from Satyam case and invested heavily over the last nine years in building a robust and high quality audit practice, says Price Waterhouse
Price Waterhouse was Satyam's auditor during the period in which the fraud was perpetrated
A Bench of justices P Sathasivam and BS Chauhan issued notices to Gopalakrishnan and Gupta directing them to file their replies by April 13.
The former Sebi chief explains why he didn’t expect an extension and outlines his retirement agenda.
The US regulators yesterday fined the software firm and its auditors PriceWaterhouse up to $17.5 million for the accounts manipulation that went undetected for several years
PW India was commenting on the orders of the US Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB)
Mahindra Satyam, the brand identity of Satyam Computer Services Limited, announced that it had reached a settlement with the United States Securities and Exchange Commission (SEC), “without admitting or denying allegations of any wrongdoing,” which concludes the SEC’s investigation of accounting issues pertaining to the company.
The Supreme Court today directed the Central Board of Direct Taxes (CBDT) to maintain status quo over its demand of Rs 617 crore in income tax from the scam-hit Satyam Computers till Friday. It also asked CBDT to work out Satyam’s actual liability.
The RBI has to approve of the fund transfer as it involves huge foreign exchange, the official added.
The man once known as Joint Venture Modi readies for another innings. Bhupesh Bhandari finds out how B K Modi is putting his Spice Telecom windfall to use.
After being criticised by the Supreme Court for ‘showing arrogance’ in its letter, Mahindra Satyam, the brand identity of Satyam Computer Services Ltd, will refile its appeal to the Central Board of Direct Taxes (CBDT) on Friday with regard to the disputed Rs 617-crore income tax demand.
Disposing the appeal filed by Mahindra Satyam against a Rs 617-crore income tax demand made on it, the Supreme Court today directed the company to furnish a bank guarantee for the entire amount by April 25 before the court registrar.
With TechM and Satyam now in ‘honeymoon phase’, the spry former civil servant talks about Raju and life after IT.
the market watchdog would also seek help from outside professionals, use latest technology software tools and put in place its own 'investigation laboratory'