MUMBAI: Industry body FICCI has terminated its eight year long relationship with PricewaterhouseCoopers (PwC) post the Satyam debacle. PwC has been the knowledge partners for FICCI FRAMES for the last eight years and its audit firm Price Waterhouse was the one looking into the accounts of Satyam.

FICCI has now partnered with audit firm KPMG as the knowledge partner for FRAMES 2009. Each year, PwC released its annual media and entertainment report at the FRAMES convention, which will now be released by KPMG. A FICCI official confirmed the development to Businessofcinema.com.

FICCI FRAMES 2009 is slated to be held from 16 February, 2009 in Mumbai.