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EY INDIA AFFILIATES
AGP’s Zerra DC bags Rs 1,200 crore loan for second Navi Mumbai data centre projectZerra DC, the data center division of AGP, has recently clinched funding worth Rs. 1,200 crore from Tata Capital. This investment will be d...- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- NFRA flags quality control gaps in six audit firmsThe National Financial Reporting Authority (NFRA) has released inspection reports on six major audit firms, including Deloitte Haskins & Se...
- Books & marks: India Inc prefers the Big 6 for auditBig Six audit firms like Deloitte, PwC, and EY handle most audits for top Indian companies. EY leads with the most mandates. Grant Thornton...
- Big Four affiliates catch the poll fever again, line up for ICAI postsAfter a break, partners from Big Four affiliates are engaging in ICAI elections due to a more assertive ICAI, changing audit rules, and rec...
- Mergers advisor Bansi S Mehta finds itself a match in Karra & CoBansi S Mehta is merging with Karra & Co to expand its presence across India. The merged firm will open new branches in Chennai and Hyderab...
- ICAI disciplinary panel overlooks stay to pass order against 2 partners of PwC armsDespite a Delhi High Court stay, the Institute of Chartered Accountants of India (ICAI) has published orders penalizing two PwC affiliate p...
- ICAI defends action against EY affiliates, says move in sync with its statutory powerICAI defends action against EY affiliates, cites statutory power. Delhi HC stays order. ICAI directs firms to end tie-ups violating norms. ...
- Delhi Court stays ICAI move to bar EY affiliate firms, partnersDelhi High Court issued stay order against ICAI regarding actions on EY affiliate firms. Partners barred, fines imposed, partnerships termi...
- ICAI lens on big four affiliates over their association with global entitiesThe EY affiliate firm, SRBC & Co LLP spokesperson told ET that they will explore all issues raised in the order and explore options under t...
- Big six corner most of auditing business in Nifty-500 universeAccording to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 ass...
- ICAI charges 3 EY India affiliates with professional misconductThe Institute of Chartered Accountants of India (ICAI) has found three EY India affiliate entities guilty of professional misconduct and re...
- Top auditors stop offering non-audit work to clientsTop audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit se...
- Top 5 audit companies corner lion's share of mandates"Major listed companies opt for the top five auditors due to their strong reputation. The top auditors too prefer to work with the larger l...
- Big 4 affiliate firms continue to lead audit business in IndiaIn India, the Big Four firms conduct their audit business through affiliate firms. The EY group has emerged as the market leader with 153 m...
- EY India's former audit chief Sudhir Soni to join KPMGSoni used to head EY’s audit practice in India until September 2020 and was in charge of the firm’s audit affiliate SR Batliboi and Co LLP....
- Financial regulatory authority cites social media posts to blow a hole in the defence put up by the Big Four in IL&FS caseNational Financial Regulatory Authority (NFRA) in a recent report on IL&FS Financial Services Ltd (IFIN) even posted screenshots of social ...
- Ban on Batliboi not fair, EY tells RBIThe firm has made representations to the RBI about the unfairness of such a ban and sought a relaxation of its stance, one of the people ci...
- RBI ban on SR Batliboi & Co may impact audit of large lendersThe central bank’s action against Batliboi on Monday came after it found several lapses in the audit report of Yes Bank, said a person priv...
- No client should exceed 10% biz of audit firm: PanelNo single corporate client or group should account for more than a tenth of the total revenues of any audit firm and its associates, a comm...
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