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    • PW India to stop providing non-audit services to audit clients governed by NFRA

      The jurisdiction of the NFRA -- which would be an oversight body for auditors -- extends to all listed companies as well as large unlisted public companies.

    • 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.

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