Articles for tag: Audit, China, Ensure, Faces, Failures, Investments, Penalty, Prompting, PwC, Rebuild, Record, Substantial, Sustainability, Trust

September 16, 2024

PwC faces a record penalty in China for audit failures, prompting substantial investments to rebuild trust and ensure sustainability.

PwC is making significant investments to enhance its business quality and sustainability in China following a recent record penalty. The firm faced a six-month suspension and a hefty fine of 441 million yuan (approximately $62 million) due to its involvement in the audit of the troubled property developer, China Evergrande Group. Chinese regulators accused Evergrande ...

September 10, 2024

Market News

Business

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

April 16, 2024

Market News

Navigating the Impact of Dubai Floods on Token2049 Conference and the Crypto Community

The recent floods in Dubai have left a significant impact on various sectors, including the crypto community. The highly anticipated Token2049 conference, which was scheduled to take place in Dubai, faced disruptions due to the extreme weather conditions. This article aims to explore the implications of the Dubai floods on the Token2049 conference and the ...