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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
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Indian firms seek level-playing field, call for overhaul of Rs 500-crore turnover empanelment norm
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AI-powered chatbots are among the initiatives planned to enhance the passenger experience at India’s third-busiest airport.
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Financial bids will be called once the diligence report is finalised, which according to sources may happen by the end of March
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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
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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
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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.
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As green hydrogen gains prominence, India can reduce its reliance on imported fossil fuels, leading to reduced trade deficits and enhanced energy independence.
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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.
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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.
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Retail sector must grapple with some emerging dilemmas that centre on consumer retention and loyalty as it is buffeted by headwinds and tailwinds.
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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.
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The firm had over 39,000 employees in the U.S. at the end of its last fiscal year on Sept. 30.
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Long-running relationships can threaten objectivity. In the US, lead audit partners are periodically changed so that auditor and audited don't get too close. A director who sits long on the board may also find it harder to maintain an independent perspective
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The judgment was passed in an appeal by the Ministry of Corporate Affairs against a 2020 order of the Bombay HC granting relief for the two audit firms, which moved to court against the government’s decision to ban them from auditing activities for five years.
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The latest figure was also the joint-lowest since the second quarter of 2018, when Indian startups raised $1.7 billion.
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Other major consulting and accounting firms have also opted for downsizing in recent times. McKinsey is planning to cut 2,000 jobs after hiring while KPMG too announced earlier this year that it will lay off 2% of its workforce – or about 700 employees – in the United States.
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Long-term client relationships are a known risk to audit quality. KPMG’s near 30-year run at SVB demands a fresh look at the issue
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How are FMCG companies finding equilibrium at a time when distribution models are becoming more complex and dynamic? We ask some leading FMCG players.
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KPMG has said it will lay off 2% of its workforce – or about 700 employees – in the United States.
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Budget 2023: Tax policy will play a key role in driving manufacturing competitiveness, revitalising special economic zones, boosting investor confidence of non-residents, says Naveen Aggarwal from KPMG
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What is the Infrastructure sector expecting from the budget? Catch Manish Aggarwal, Partner, Head - Infrastructure & Disinvestments, KPMG India & Arindam Guha, Partner, Government & Public Services Leader, Deloitte India in an exclusive conversation with Rachita Prasad, Moneycontrol. Tune in!
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Climate finance gap needs urgent attention and collective action, said Global Head for Energy, KPMG.
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Over 90% of CEOs in the United States are worried about a recession in the coming 12 months, and more than half are considering workforce reductions to prepare for it, a KPMG has found.
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Jamil Khatri had stepped down recently after a tenure of 27 years
