China Imposes Six-Month Ban and Fines PwC Over $56 Million for Evergrande Audit Failures
Chinese authorities have imposed a six-month ban on PwC and fined the firm over 400 million yuan (USD 56.4 million) for its involvement in the audit of collapsed property developer Evergrande.
T.P. Ostwal & Venkatesh Mysore have stepped down as Independent Directors of Oberoi Realty
T.P. Ostwal and Venkatesh Mysore have vacated the offices of Independent Directors of Oberoi Realty Limited w.e.f. August 26, 2024, on account of mandatory retirement upon them completing the second term of five consecutive years.
UK Sinha Retired as an Independent Director of Vedanta
Upendra Kumar Sinha has retired from the Board of Vedanta Limited as an Independent Director upon completion of his second and final term on August 10, 2024.