The former Price Waterhouse partner S Gopalkrishnan, arrested in connection with his alleged involvement in the Rs 7800 crore Satyam accounting fraud, on Friday got bail after being in jail
Deloitte India has opted out of the work on restatement of Satyam accounts
The government is proposing electronic surveillance of flow of funds earmarked.
Lanco Infratech has appointed a Chennai-based company as joint auditor
PwC is also statutory auditor for American Express Banking Corp.
PSU banks get more freedom to select auditors
Banks are unwilling to share the blame as they rely entirely on auditor's report
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