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KPMG CRISIS
KPMG faces big setback in Australia amid allegations of mishandling confidential dataKPMG Australia has stopped bidding for new Victorian government contracts as an investigation into the alleged misuse of confidential clien...- Rs 80,000 monthly salary, Rs 1 crore home, 70% EMI: Bengaluru CA shares 3 rules Indians ignore when buying a houseRapid urbanization and rising property prices fuel a competitive homeownership race. Many families stretch budgets, ignoring long-term debt...
- High rent, low savings, uncertain jobs: Why is Gen Z returning home to live with parents? All you need to know about the ‘boomerang generation’Gen Z adults are returning to family homes, reversing a long-standing migration trend. Soaring urban rents and stagnant wages drive this si...
- Real estate firms ramp up legal hiring as deals grow more complexIn an evolving landscape, Indian real estate developers are strategically bolstering their legal departments. This growth represents a pivo...
- India Inc's management confidence improves post Covid, shows AIMA Management Capability Development IndexThe survey showed that women are more confident of capacity of their organisation than men as women rated management capability of their en...
- Next four years are going to be challenging for airport owners due to Covid pandemic: KPMGMany companies were hoping to even reap the situation where more Indians are set to increase their air travel in the years to come.
- Companies with a vision & purpose have fared better in pandemic: KPMG India Chairman Arun Kumar“A crisis is a time when a company’s sense of purpose and values are tested. At such a time, employees and customers look for authentic lea...
- Appointment of BSR as an auditor of IFIN was illegal: NFRA report on IL&FSET had first written on July 17 about NFRA’s report on BSR and how the firm did not adhere to auditing standards. NFRA had then sought the ...
- Indian banks set to take a hit of Rs 36,000 crore from DHFL writeoffThe company’s shares are already down more than 90 per cent so far this year.
- Deloitte global CEO met top officials to persuade them against the possible banDeloitte global CEO Punit Renjen apprises North Block officials about impact of ban on Indian market
- Elections at KPMG India for the second time in a year after CEO Richard Rekhy announced retirementRekhy was re-elected unopposed for 4 years but last month a big exodus from the advisory team and a partner coup led to circumstances that ...
- KPMG drama: Global heads step in to steady shipUnder the new arrangement, Rekhy will continue as India CEO but will handle mostly client-facing and global coordination responsibilities.
- Forward Markets Commission ropes in KPMG for forensic audit of Universal Commodity ExchangeEarlier this year, Universal Commodity Exchange (UCX) had decided to temporarily suspend trading following directions by the regulator.
- There’s a talent crisis globally but not in India, says Aidan Brennan of KPMG"The first big challenge is talent management, right across the globe. Secondly, how do they drive growth and, how do they make themselves ...
- Debt sales to accelerate to unprecedented level in 2012: KPMGBanks across the world, including in India, are expected to accelerate their debt sell-offs next year for disposal of non-performing loans.
- India Inc's appetite to ink deals to soar in coming mnths: KPMGThe private equity deals are also likely to rise in 2011 and 2012 as the Indian IPO market has been somewhat muted in the past six months.
- Satyam accounts restatement to take at least six months: KPMGThe restatement of accounts of Satyam could take more than six months, as the entire process is very complicated, according to audit firm K...
- Business confidence in BRICs plummets: KPMGBusiness sentiment in BRIC economies has plunged as the financial crisis takes its toll, with companies now bracing for a modest decline in...
- Fact finders: Satyam ropes in KPMG, DeloitteDeloitte Haskins & Sells and KPMG, both part of the Big Four accounting firms, have been appointed as auditors for Satyam Computer Services...
- Auto sector bankruptcies to multiply in next five years: KPMG surveyAuto sector bankruptcies will multiply in the next five years as the industry grapples with falling sales, profits and the need for radical...
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