Shares of Eveready Industries fell 5 percent on Monday after Price Waterhouse & Co Chartered Accountants quit as the auditor of the company New Delhi: Shares of Eveready Industries fell 5 percent on Monday after Price Waterhouse & Co Chartered Accountants quit as the auditor of the company. Price Waterhouse & Co Chartered Accountants LLP quit as Eveready Industries’ auditor, …
Troubled lead battery major, Eveready Industries India Ltd has announced an agreement with the Madhu Jayanti International Private Ltd for its loss making packet tea business to reduce stress on working capital. Eveready in 2017 had announced a 50:50 JV with its group company McLeod Russel to manage the packet tea through a SPV--Greendale India Ltd. It also claimed that …
SEBI had banned the Price Waterhouse for its alleged complicity in the multi-crore Satyam scam New Delhi: The Securities Appellate Tribunal has rejected a plea filed by Price Waterhouse and its network entities to extend by a year till March 2020 the interim relief granted to them to carry out the audit works of existing clients. The tribunal, in February, …
Earlier this year, Sebi had barred Price Waterhouse network firms from issuing audit certificates to any listed company in India for two years after finding the audit major guilty in the multi-crore Satyam Computer Services scam that came to light in January 2009. New Delhi: An auditor should give a disclaimer saying that it cannot express an opinion if accounts …
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