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UP CM orders audit of government departments

Last Updated: Tuesday, July 22, 2014, 11:23

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

Last Updated: Saturday, March 29, 2014, 08:55

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

Last Updated: Saturday, November 09, 2013, 15:26

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

Last Updated: Wednesday, October 30, 2013, 13:46

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

Last Updated: Sunday, September 15, 2013, 08:37

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

Last Updated: Saturday, May 25, 2013, 14:45

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

Last Updated: Wednesday, January 16, 2013, 23:53

"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

Last Updated: Wednesday, November 28, 2012, 21:45

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

Last Updated: Tuesday, July 10, 2012, 16:59

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

Last Updated: Sunday, July 01, 2012, 16:00

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

Moody's to now review India's sovereign ratings

Last Updated: Saturday, November 12, 2011, 19:41

After lowering the outlook for India's banking industry, credit rating agency Moody's is likely to review the country's sovereign ratings Tuesday, amid a slowdown in reforms and growth, with high inflation and fiscal deficit, analysts said.

Europe`s electricity could be all renewables by 2050

Last Updated: Tuesday, March 30, 2010, 09:40

Europe could meet all its electricity needs from renewable sources by mid-century, according to a report released by services giant PricewaterhouseCoopers.