Fraud Capital of the World: India’s Unwanted Crown
In the recent PwC report based on 2,446 respondents, including 91 Indian companies across different sectors, India was flagged as the global leader in financial fraud. As per the report, more than 59% of businesses were exposed to financial crimes compared to the global average of 41%. The report further
PwC Loses Another Mega Client in China: Who Is To Blame?
PricewaterhouseCoopers (PwC), one of the biggest auditors in the world, has lost more than a dozen of its Chinese clients in the last two years. In May 2024, the company lost five of its major clients: China Taiping Insurance Holdings, China Merchants Bank, People’s Insurance Company of China, China Railway