March 17, 2023 02:41 PM IST

HC clears decks for PwC to sue Ramalainga Raju for Rs 100 crore

PwC, which was the statutory auditor of Satyam Computers between 2000 and 2009, had sued Ramalainga Raju for the damages it suffered ever since his confession to India’s largest accounting fraud in January 2009

PwC plans to hire over 30,000 employees in India: Chairman Bob Moritz

Moritz said India can be a supplier of that talent to the world, thanks to its technology advancements and the use of AI, which the rest of the world doesn't have that skill set.

See a big opportunity in India, in terms of mid-tier single-digit growth: PwC global chairman Bob Moritz

In an interview after the release of a global survey of CEOs, PwC Global Chairman Bob Moritz and India Chairman Sanjeev Krishan spoke about the opportunity in India currently.

China Evergrande's auditor PwC quits over 2021 audit-related matters

The issues included the timeline and scope of work involved in assessing the company's going concern basis as well as additional audit work and procedures required for the assets impairment assessment, Evergrande said in a statement.

Samsung India served show-cause notice by DRI: Report

The DRI, in the notice, has asked why a penalty should not be imposed against the senior management of the company. It has also issued a notice to PwC and an associate director, who was questioned during the probe.

Hard cash, made easy | Digital Rupee will enhance financial inclusion: Fintech industry

Digital currencies have many benefits like zero currency loss and lower operational costs associated with physical cash management.

Over 82% of biz executives polled in India see cybersecurity budgets rising in 2023: PwC survey

The survey highlights that of all the risks affecting organisations, India respondents consider a catastrophic cyberattack, a resurgence of COVID-19 or a new health crisis, and a new geopolitical conflict among the top three risks.

PwC employee lost half his skull after injury during work party. He is now suing the firm

The man has also asked for additional future payments, arguing that he is at a risk of developing epilepsy because of the injury.

Braving funding winter, start-ups cut online marketing spends by 30-60%

With limited funds in hand, start-ups are rethinking marketing strategies

PwC to acquire Bengaluru-based Venerate Solutions

Upon completion of the acquisition, Venerate and its team of consultants and developers will integrate with PwC India's salesforce practice, said PWC India, adding this acquisition aligns with its commitment to invest in the area of digital transformation and also in strategic alliances.

Understand the ESG effect on Investments to make them more Sustainable

Join Nisha Poddar, as she decodes the main trends behind the claim that 'ESG drives responsible investment', on the latest podcast of PwC India presents 'ESG - A bridge to action', in association with Moneycontrol.

Understanding the 'Circular' path to sustainability

The latest podcast of PwC India presents 'ESG - A bridge to action', in association with Moneycontrol, sees host Nisha Poddar pick some of Indian industry's top brains, for insights into the adoption of a 'Circular Economy'.

Future of Work | As employees seek 'workplace of the people', organisations have their task cut out

While compensation remains a key focus area, HR leaders will increasingly prioritise employee well-being and inclusivity to curb attrition, attract talent and drive growth

BharatPe says Ashneer Grover resigned ahead of PwC report submission, reserves right to take action

"Ashneer Grover resigned as managing director and board director minutes after receiving the agenda for upcoming board meeting that included submission of the PwC report regarding his conduct," BharatPe said

Why BharatPe needed to hire PwC to oust Ashneer Grover 

Co-founder Ashneer Grover and his wife Madhuri Jain Grover can only be ousted if a report by a Big 4 audit firm indicts them, experts say

Focusing on governance – decoding the ‘G’ in ESG

In the second episode of PwC’s ‘ESG: A bridge to action’, in association with Moneycontrol, leaders discuss the governance aspect of ESG and how it could be utilised to drive sustainable value creation

Exclusive: Ashneer Grover demands Rs 4,000 crore to leave BharatPe

Alvarez & Marsal and PwC are conducting a governance audit of BharatPe, examining allegations of fraudulent and related party transactions

BharatPe ropes in PwC for governance review alongside Alvarez

While Ashneer Grover was sent on a leave of absence till March-end amid backlash regarding his abusive language to a Kotak employee and toxic culture at BharatPe, his wife also going on leave signified larger issues around governance at BharatPe.

Episode 1: ESG as a strategic lever to create long-term sustainable value

Sanjeev Krishan, Chairman, PwC in India, and Koushik Chatterjee, Executive Director and CFO, Tata Steel, were invited for the inaugural episode. To lend the right note to the discussion, Ajay Piramal, Chairman of Piramal Enterprises, made some introductory remarks to share his thoughts highlighting how Piramal Enterprises plans to extend its ESG focus over the next few years and their plans for an ESG fund

The evolution of ESG in the new normal

ESG: A bridge to action, a brand-new series in partnership with PwC, on moneycontrol.com.

Insurgents take on the scandal-hit Big Four

Investors tell Big-4 auditors they risk AGM rebellion over climate accounting

The investors have been pushing auditors to improve for several years amid concern they were misrepresenting the true health of companies by not factoring in potential hits from the impact of climate change and associated policy changes.

PwC offers U.S. employees full-time remote work

Other major accounting firms, such as Deloitte and KPMG, have also been giving employees more choice to work remotely in the face of the COVID-19 pandemic.

PwC India to invest Rs 1,600 crore, create 10,000 additional jobs over 5 years

Announcing its new business strategy ‘The New Equation’, PwC India said the firm will also increase its campus hiring by over five times in the same time period.

Carlsberg India probes find 'potential improper payments', child labour

The findings cast a fresh shadow on operations and compliance practices at the Indian joint venture of Danish brewer Carlsberg A/S, which according to IWSR Drinks Market Analysis has a 17% share of India’s $7 billion beer market.