Relaxing composition norms, tender reforms and capital support measures are among the changes that the ministry of corporate affairs is planning to build globally competitive domestic auditors
The report, commissioned in 2024, was meant to review Australia’s welfare compliance framework and its IT system, which automatically issues penalties to job seekers who fail to meet certain requirements
The CoE will support clients worldwide in building and operating specialised AI data centres, a critical foundation for scaling generative and agentic AI adoption.
The Ministry of Corporate Affairs has constituted an Inter-ministerial Group (IMG) on developing the domestic ecosystem of consulting and auditing firms under the Chairpersonship of the MCA Secretary, according to a statement released on Wednesday.
The new rule becomes effective starting October 1 for employees at the firm’s seven offices that help clients or provide back-office support
An economy that is forecast to break into the top three before the decade is over has an underwhelming global footprint in advisory and professional services. The government is trying to find ways to change status quo. More than regulatory tweaks, the main constraint for Indian firms may be their mindset, argues a ‘Big Four’ lifer
Indian firms seek level-playing field, call for overhaul of Rs 500-crore turnover empanelment norm
Bengaluru-based tech unicorn terms claims of round-tripping “false, defamatory and irresponsible”
Among the factors driving this trend is the shifting consumer preference towards snacking, demand for on-the-go formats due to faster urbanization and more women joining workforce, along with easier access to e-commerce options.
The development comes after India agreed to Pakistan’s request of not escalating the clashes any further on May 10, 2025, after the neighbouring country called on India’s DGMO.
Focusing on AI’s role in the IT sector, the report says businesses are moving from traditional virtualisation models to more scalable, cost-effective, AI-driven solutions
Despite the adverse opinion, Deloitte maintained a “true and fair” view on the company’s financial statement
Deloitte US is scaling back its diversity, equity, and inclusion initiatives, removing gender pronouns from emails and ending diversity targets, while Deloitte UK remains committed, The Financial Times reports.
Less is more: a majority of the Chief Executives polled told the government to reduce taxes and spend more, besides really making it easy to do business.
According to the survey, 35.6 percent CEOs are moderately confident, while a larger 37.8 percent are neutral on the Reserve Bank of India bringing down inflation to 4 percent
The Reserve Bank of India on December 6 held the repo rate steady at 6.5 percent for the 11th consecutive time.
Around 53 percent of the CEOs say bold reforms to boost manufacturing and job prospects will be key to India’s growth
It is expected to grow from $1.1 trillion AUM to $2.3 trillion AUM between FY24-29, also driven by demand from beyond top 30 cities
The development assumes significance as work-related travel is a key expense for the firms. The Big Four consultancies cited net-zero goal as another reason behind the move
On Dec 23, NFRA imposed a Rs 2 crore fine on Deloitte, barred partner A.B. Jani from audits for five years, and restricted another partner, Rakesh Sharma, for three years
The rise of artificial intelligence (AI) is poised to transform the job landscape, creating more opportunities than it eliminates, according to Deloitte South Asia CEO Romal Shetty. He emphasizes the need for human involvement to fully leverage AI's potential, viewing it as a significant opportunity. Shetty also addresses the necessity of regulations in emerging technologies, advocating for a balance that encourages innovation while ensuring data privacy and fairness in business practices.
The 25-year-old said she came from a low-income family and always felt like an outsider among her peers who were dressed in designer pieces. The 11-hour shifts during the busy months also had a negative impact on her physical and mental health. 'My back ached from being glued to my seat all day... I gained 9 kg in just a few months,' she said.
The report states that some leading steel and mining organisations have started using digital tools like process yield optimization, digital twins for autonomous operations, intelligent surveillance, supply chain optimization, energy efficiency improvements, and AR/VR-based safety training etc to gain deeper insights and make better decisions, but others are still in the initial stages of their digital transformation journey.
The study further highlights that Indian investors are more likely to trust in-house proprietary data systems and audited (or assured) corporate disclosures for sustainability analysis
About 62% of the respondents acknowledged cloud computing's unmatched scalability and agility.