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News digest: Satyam scam, Aadhaar security, FDI relaxation and more

From relaxation of FDI norms to new security measures for Aadhaar, BS brings you up to date with the latest news

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BS Web Team
9 years after Satyam scam, Price Waterhouse banned from audit for 2 years

The Securities and Exchange Board of India (Sebi) late on Wednesday banned Price Waterhouse (PW) from providing audit services to listed companies and market intermediaries for two years in the Satyam fraud case. Two PW partners have been banned for three years. Read more

UIDAI introduces 16-digit 'Virtual ID', limited KYC for Aadhaar holders

As it looks to address concerns regarding privacy of Aadhaar data, the Unique Identification Authority of India (UIDAI) has introduced a concept of ‘Virtual ID’, which is a temporary number that can be generated