India’s market regulator hits PwC with 2-year auditing ban

The Securities and Exchange Board of India (SEBI) – regulator of the country’s capital markets – has found the international auditing firm PricewaterhouseCoopers (PwC) guilty in the Satyam case and barred it from issuing audit certificates to any listed company in the country for two years, Business Today has reported. The Satyam scandal broke in 2009 when the founder […]