Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers
PricewaterhouseCoopers' new chairman is busy putting the past behind the consultancy and raising the bar on risk and quality.
PwC has about 1,200 tax professionals and 55 executive directors servicing domestic and international companies.
Last Monday, PwC India announced the appointment of Gautam Banerjee as chairman and Peter Harvey as deputy chairman, by-passing elections. Banerjee, who comes with a big reputation from PwC Singapore, replaces Ramesh Rajan, whose term ended abruptly with 18 months yet to go.
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