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Indian firms increase cyber security budgets: Report

Indian firms increase cyber security budgets: Report

Organisations in India are looking towards innovative cybersecurity solutions to combat the increasing threats of cyber attacks.

'India's smart cities aligned with UN Sustainable Development Goals'

 With the announcement of 98 aspirants for India's smart cities and the government incorporating sustainability as a key component of the project, global consulting firm PricewaterhouseCoopers (PwC) feels "the pillars of a smart sustainable city" are completely aligned with the proposed UN's Sustainable Development Goals (SDGs).

Indian mobile app usage grows 131 percent

Indian mobile app usage grows 131 percent

 The average mobile app usage in India has grown by at least 131 percent and has outpaced the global growth rate, panellists participating in the Apps India conference 2015 have said.

AFC general secretary suspended over `cover up`

AFC general secretary suspended over `cover up`

Asian Football Confederation general secretary Alex Soosay was suspended on Wednesday over allegations he tried to hide documents during an audit that was prompted by corruption claims.

Leakgate: ICAI to take action against arrested CA

Chartered accountants' apex body ICAI on Sunday said it will initiate necessary disciplinary action against member Khemchand Gandhi, who has been arrested by the CBI for allegedly leaking "secret" government documents, after receiving details from the investigative agency.

Corporate espionage case: CBI probing role of PwC official

An official of a high profile consultancy group has come under CBI scanner in connection with its probe into the alleged sale of confidential government records on foreign investment policies to corporate groups by officials.

India needs 3.5 mn hospital beds, 3 mn doctors by 2034: Report

The Indian healthcare delivery system, which suffers from acute problem of limited resources, will need an investment of around USD 245 billion through traditional means to deliver desired outcome in next two decades, according to a PricewaterhouseCoopers (PwC) report.

Retail in India to become $1 trillion in value by 2020: PwC

Retail sector in India is expected to grow by 10 percent to become USD 1 trillion by 2020, PricewaterhouseCoopers (PwC) said.

India can grow at 9%, become $10 tn economy in 20 years: PwC

India has the potential to achieve 9 percent growth rate and become a USD 10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive role played by the government, a PwC report said Monday.

Swiss banks hit by huge deposit outflow in tax crackdown

Swiss banks have suffered from a massive outflow of funds since 2008, a survey said on Friday, squeezed by an international crackdown on tax evasion.

UP CM orders audit of government departments

Uttar Pradesh Chief Minister Akhilesh Yadav has ordered internal auditing of all the government departments, an official said on Tuesday.

PwC sued for $1 billion over MF Global collapse

The administrator of MF Global Holdings Ltd`s bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for at least $1 billion over its advice on a $6.3 billion European sovereign debt investment that helped fuel the brokerage`s rapid demise.

Hackers expose Asia`s weak cyber defences

A rash of website hackings in the Asia-Pacific has exposed weak cyber defences which must be improved to help the region deal with more sophisticated and sinister threats, particularly from criminal organisations, analysts said.

UAE education foundation launches $ 1 mn best teacher award

A UAE-based Indian education foundation has announced a massive one million award for world`s greatest teacher and the hunt for the same will commence next year.

Hedge funds reap rewards from bet on Lehman Europe carcass

Hedge funds which gambled on how much money would be recovered from the bankrupt carcass of Lehman Brothers are set to make hundreds of millions of pounds from a full payout to creditors of the European arm.

Indian software industry to see strong revenue growth: PwC

The Indian software industry is poised for a strong revenue growth driven by social media, mobility, analytics and cloud, said a report published by PricewaterhouseCoopers (PwC).

PricewaterhouseCoopers officials appear before IT dept

"They have come for interrogation.... This is what I can say," a senior Income Tax (Investigation) official said.

Govt should create fund for firms buying coal mines abroad: PwC

In view of India's growing need to import coal, global advisory firm PricewaterhouseCoopers (PwC) has suggested that the government consider creating funds to help companies acquire overseas assets.

PwC's new office to provide advisory, tax, regulatory services

Strengthening its presence in the country, research firm PricewaterhouseCoopers today inaugurated its new office here to provide advisory, tax and regulatory services.

Moily says balanced view needed on allowing foreign auditors

The big four audit firms which operate in India through associates include, PricewaterhouseCoopers, KPMG, Ernst&Young, and Deloitte.