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  • SC notice to Centre, RBI over alleged PwC irregularities

    Taking note of a PIL filed by Prashant Bhushan for the Centre for Public Interest Litigation, the Supreme Court today gave four weeks for replies from the firm as well as a host of government authorities and regulators like the Reserve Bank of India.

  • PCAOB penalises PW India

    PW India violated its most fundamental duty as a public watchdog - say the SEC and the PCAOB of Pricewaterhouse India’s role in the Satyam fraud. The two American regulators have imposed their largest ever penalties on PW India, USD 6 million by the SEC and USD 1.5 million by the PCAOB.

  • SEC settlement in 'best interests of shareholders': Satyam

    Mahindra Satyam reached a settlement with the Securities and Exchange Commission (SEC) of United States in the best interests of the company and shareholders, the company said today.

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