A building housing the PricewaterhouseCoopers (PWC) branch office stands behind a Chinese national flag in Beijing. | Photo Credit: Reuters Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande. The punishment is the … Read more
PricewaterhouseCoopers (PwC) has announced a major restructuring, resulting in the layoff of approximately 1,800 employees in the United States. This is PwC’s first major workforce reduction since 2009, affecting around 2.5% of its US staff. Roles ranging from associates to managing directors in business services, audit, and tax are impacted, a WSJ report stated. PWC … Read more
PricewaterhouseCoopers (PwC) said businesses need to be aware of the regulatory barriers in climate change, labour protection, gender inclusivity and e-commerce, areas which were not part of India’s earlier free trade agreements (FTAs). It also said in a report that anticipating the impact of the upcoming FTAs on the supply chains can help businesses review … Read more
London CNN — Brits hoping for a new-year salary bump to offset soaring food and energy costs may be disappointed. The average British worker’s pay in 2023 is expected to fall back to 2006 levels once inflation is taken into account, according to PwC. Real wages, which factor in inflation, are expected to fall by … Read more
In a direct dialogue with the millennials through his book Hacks for Life and Career: A Millennial’s Guide to Making it Big published by Sage Publications, Das sketches the future of the economy, booming sectors, how marketing looks lucrative in the coming years, the business know-it-alls, guide to financial planning, work ethics and more. By … Read more
Organisations that want to grow in a post-pandemic world will have to focus on some key issues including agile demand sensing and decentralisation to build resilience, according to a PricewaterhouseCoopers (PwC) report on Tuesday. The pandemic highlighted frictions in the economy, which if overcome, can provide rapid revival and subsequent growth, said the report titled, … Read more
LUCKNOW: Uttar Pradesh is eyeing grabbing a major share in the world supply of select product categories totalling more than $260 billion in world exports, thus taking advantage of the “geo-politcal disturbances” that are disrupting the China-dominated supply chains of these products. The state has roped in PricewaterhouseCoopers and has identified seven such product categories … Read more
THIRUVANANTHAPURAM: Suspended senior IAS officer M Sivasankar had recommended appointment of Swapna Suresh, who was working as Secretary to the UAE Consul General, to the post of Operations Manager in the Space Park project under theKerala State Information Technology Infrastructure Ltd, a two-member committee has found. Suresh is the key accused in the attempt to … Read more