The Supreme Court today declined
to grant bail to Price Waterhouse auditor Subramani
Gopalkrishnan, who was arrested in Rs 7,136-crore Satyam fraud
for allegedly conniving with its founder B Ramalinga
Raju and other aides.
The Supreme Court on Thursday granted bail to PriceWaterhouseCoopers auditor Srinivas Talluri who was arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju and other aides.
After being market leaders for a long time, outsourcing firms in India and North America are now faced with increasing competition from new entrants amid rising demand for services globally, a survey says.
PricewaterhouseCoopers, is being sued for billions of pounds over its role as an auditor to one of the feeder funds that channelled huge amount of money to Bernard Madoff, the man behind the largest fraud in history, report says.
Hit by lower advertising spends,
the Indian entertainment and media (E&M) industry`s growth is
expected to halve to 8 per cent this year after growing at
16.6 per cent over the last five years, a study today said.