Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: VAT Audit :: due date for vat payment :: form 3cd :: cpt :: TDS :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS
 
 
« General »
 Why consumers should welcome GST
 Retailers need to file single GST return every month
 Aadhaar is must for income tax returns if you have one; Here's how you can file it online
 Will it be a tax haven above the law?
 Your mutual fund investment tax efficient? Here are 3 steps to ensure utmost efficiency for your portfolio
 Finally a goods and services tax. But what lies ahead?
 Tax May Rise On Outbound M&As, Indian Mncs’ Investments
 Filing income tax return? Do remember to claim benefits on your reimbursements
 Banks will have a hard slog ahead to get GST-ready
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956
 Introduce indemnity clauses with suppliers on tax compliance: Expert

PwC, the administrators have axed more than 700 jobs
November, 11th 2010

PricewaterhouseCoopers (PwC), the administrators to failed building group Rok, have axed more than 700 jobs.

PwC said the redundancies were due to "little or no interest" in parts of the business from prospective buyers or "insufficient work for staff to carry out". Of the 711 cuts, 558 are in the maintenance and improvements division.

PwC was called into Rok on Monday after the company, which works on construction projects and repairs buildings for insurers and councils, shocked the City by collapsing.

Mike Jervis, joint administrator, said more than 100 expressions of interest have been received from potential buyers of Rok or its contracts.

PwC is reducing this to a shortlist. Mr Jervis added: "We are short-listing bidders on the basis of their size, level of interest in acquiring large parts of the business and their speed of reaction. We expect to have further updates by the end of the week."

Rok, which employed 3,800 people, is understood to have suffered a "tightening of credit" from suppliers and customers after issuing a profits warning in August. A last-minute attempt to secure emergency financing failed at the weekend, it is understood.

Mr Jervis said PwC had offered axed Rok staff the "opportunity to attend a site in person or take part in a conference call".

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions