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BIG FOUR AUDIT FIRMS COMPETITION
Government may let statutory bodies to regulate members in multidisciplinary partnershipsThe government is considering allowing professional bodies to regulate their members within multidisciplinary partnerships. This approach w...- Thomson Reuters to sell 51% stake in global print business to KKR for $500 millionThomson Reuters plans to divest its majority stake in the Global Print business to KKR, enabling a renewed focus on core operations. Set to...
- KPMG Australia weighs 1,000 job cuts amid audit scandalKPMG Australia faces significant job cuts and partner pay reductions. This action follows fallout from a recent audit leak scandal. The com...
- Germany funds 50,000 strike drones for Ukraine, source saysGermany is funding fifty thousand attack drones for Ukraine's defense. This significant order marks one of the largest drone purchases by a...
- "This team never stops believing": Messi hails Argentina after FIFA World Cup 2026 semi-final berthArgentina secured a World Cup semi-final spot after a tough match. Lionel Messi celebrated the team's resilience and belief in their victor...
- Saturday Motivation by Jesse Owens: 'It all goes so fast, and character makes the difference when it's...' - Legendary American athlete's timeless lesson on why character outweighs talent in life's defining momentsJesse Owens' quote highlights character's importance in close competitions. He achieved four Olympic gold medals in Berlin, challenging rac...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- US cranks up the heat on Indian IT as whistleblowers trigger H-1B auditWhile Cognizant has been one of the companies named in the current reported probe, it is unclear if other Indian IT services firms are part...
- Big Bash Cricket League's opening match to be played in India, announces PM ModiIndia and Australia have launched a Sports Collaboration Roadmap, strengthening their partnership. The Big Bash Cricket League's opening ma...
- US states could sue next week to block Paramount-Warner Bros dealSeveral U.S. states are preparing to sue and block Paramount's acquisition of Warner Bros. Discovery. California is leading the investigati...
- US states could sue next week to block Paramount-Warner Bros deal, sources saySeveral U.S. states are preparing to sue Paramount over its Warner Bros. Discovery acquisition. California is leading the investigation int...
- Apple loses challenges against EU rules to curb Big TechApple lost its challenge against landmark EU rules designating its app stores and iOS as gatekeepers. The EU Digital Markets Act mandates c...
- Blue Tokai brews up competition with Starbucks in India’s potential $1.15 billion market: ReportSpecialty coffee chain Blue Tokai plans to triple its store count to 800 by FY30. The company aims to open 120 new cafes this financial yea...
- Put both eggs in one basket: Why merging Amazon and Tata's quick commerce business is a now or never ideaA combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergi...
- Big 4 scores a win as ICAI pauses 'global networking norms'The Institute of Chartered Accountants of India's networking guidelines have been put on hold. Influential Big 4 firms lobbied the governme...
- ICAI may pause global network guidelines to address stakeholder concernsThe Institute of Chartered Accountants of India may pause its global networking guidelines. This decision comes after significant concerns ...
- Big Four rethink partnership as AI changes the gameIndia's Big Four accounting firms, Deloitte, PwC, and EY, have surpassed 1,000 partners each, driven by rapid expansion, especially in tech...
- Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...
- EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...
- Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...
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