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Economy

PwC India challenges audit ban, putting 75 companies in a bind

Tata Steel, Hindalco Industries seen among affected customers

Price Waterhouse's offices in Mumbai, India.   © Reuters

MUMBAI -- Troubled audit firm Price Waterhouse's plans to seek a stay order against the Indian regulator's ban on its local audit affiliates over the Satyam fraud case are likely to create uncertainty for the 75 listed companies it audits, including Tata Steel and Hindalco Industries.

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