Kpmg

KPMG plans to cut hundreds of jobs in auditing division

Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to staff seen by Bloomberg News.

Govt mulls higher incentives for offshore wind

The government has asked the World Bank and KPMG to study increasing the Rs 7,543 crore viability gap funding allocation for offshore wind projects to attract investors and help tap India’s estimated 71 GW offshore wind potential.

KPMG Australia partner fined Rs 6.4 lakh for using AI to cheat in AI training program: 'Toothless system'

A KPMG Australia partner faced a AUD 10,000 ($7,000) penalty after allegedly relying on AI to pass an internal training on AI.

Govt proposes to set up multidisciplinary consultancy firms to take on global auditing giants

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.

This is what it takes to create an Indian challenger to the ‘Big Four’

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  

Domestic consulting firms seek removal of entry barriers in govt projects that favour Big 4

Indian firms seek level-playing field, call for overhaul of Rs 500-crore turnover empanelment norm

Bengaluru airport likely to partner with KPMG for AI solutions to enhance passenger experience, operational efficiency

AI-powered chatbots are among the initiatives planned to enhance the passenger experience at India’s third-busiest airport.

Closing due diligence underway at IDBI Bank

Financial bids will be called once the diligence report is finalised, which according to sources may happen by the end of March

Big Four consultancies ask employees to go slow on work travel, use public transport

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

The rehabilitation of KPMG

The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivals

Double standard deduction to Rs 1 lakh keeping in mind rising expenses, inflation: KPMG

There has been a significant rise in medical expenses, fuel costs and overall inflation. Keeping in mind the increase in personal expenditure it is popularly expected to enhance the standard deduction to Rs 1 lakh from the existing limit of Rs 50,000, KPMG said in a note.

The Green Hydrogen Revolution: A Game Changer for India's Energy Landscape

As green hydrogen gains prominence, India can reduce its reliance on imported fossil fuels, leading to reduced trade deficits and enhanced energy independence.

Balancing Economic Growth and Sustainability: Navigating the Nexus of Prosperity and Planet

Shweta Punj in conversation with Anish De, Global Head-Energy, Natural Resources & Chemicals (ENRC), KPMG and Apurba Mitra, Partner-ESG, KPMG in India to explore the pivotal role of balancing sustainability while maintaining economic growth.

EY rolls out AI-powered platform after $1.4 billion tech investment

The move aligns the consulting firm with rivals like KPMG and Accenture, which are pouring billions into AI, hoping it will be their next big growth driver.

Quality, Sustainability & Convenience, the New Dilemmas of Retail Business

Retail sector must grapple with some emerging dilemmas that centre on consumer retention and loyalty as it is buffeted by headwinds and tailwinds.

How India needs to play the pharma game

From pharmacy of the world in volume to pharmacy of the world in value, that is the way to go for India, and companies big and small including start-ups are rearing to go.