BDO EXECUTIVE SEARCH

As part of the global BDO organisation, the firm is looking to cater to the requirements of both domestic but international businesses.

Representatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its auditor Deloitte.

These appointments come after Byju’s three key investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–resigned from the board leaving only Raveendran, cofounder Divya Gokulnath and Riju Ravindran on the board.

In India, the top six professional services firms--EY, PwC, Deloitte, KPMG, Grant Thornton, and BDO--dominate in terms of revenue and the number of partners. Law firms and the Big Four have also started poaching from each other, not just at junior l...

Yes bank current management alleges payment of kickbacks and laundering of money related to loan transactions with the Cox & Kings Group (CKG). The irregularities were found during a financial audit of the bank carried out by PricewaterhouseCoopers.

The former German stock market darling, which processes payments for companies including Visa and Mastercard, has seen billions of euros wiped off its value in recent days and began trading in Frankfurt down 40%.

Markus Braun, who built the German company into one of the hottest investments in Europe, leaves Wirecard facing a looming cash crunch amid allegations of fraud over the missing money. In a statement, the company said James Freis, a former complianc...

Sources close to the department say that the tax authorities have also investigated the matter and the role of the firm.

The Bank has ordered an independent enquiry, including forensic audit, into new whistleblower allegations that Kochhar violated the bank’s code of conduct.

Last month, PNB revised the amount involved in the fraud to Rs 12,600 crore (around $1.9 billion), a significant markup over the initial count.