 "anil ambani")
Reliance Capital (RCap) and its subsidiary Reliance Home Finance (RHFL) informed the stock exchanges on Wednesday that their auditor Price Waterhouse & Co (PwC) had resigned citing lack of “satisfactory” response from them during its audit of the 2018-19 financial results.
PwC had noted certain observations and transactions as part of the ongoing audit. The audit firm was of the view that these — if not resolved satisfactorily — might be significant or material to the financial statements, according to the exchange disclosures by the two firms.
The disagreement between the auditor and the two Anil Ambani group firms might also lead
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