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KPMG CEO RESIGNATION
KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandalKPMG Australia has penalized seven staff members for misusing confidential client information. Financial penalties up to A$180,000 were imp...
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...
Canara Bank CGM P Santhosh appointed as MD of NARCL, Sundar resigns as MDThe sudden change of guards at the government-promoted asset reconstruction has surprised many industry players that acquires bad loans by ...
As more auditors quit, D-Street sees reason to worryThe stock of UPL fell as much as 9% on Friday after KPMG resigned as the auditor of its material arm in Mauritius, though it was to re-orga...
KPMG India asks tax partner and his team to quitFor KPMG India, the last 12 months have been pretty eventful. In October last year, Deloitte India poached 20 partners and about 300 execut...
Just Dial CFO Ramkumar Krishnamachari resignsKrishnamachari, who joined Just Dial in 2010, played a key role in the company’s initial public offering in 2013 and news of his exit dragg...
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.
Deloitte makes a big pitch to woo up to 300 KPMG executivesThe development is expected to help Deloitte challenge market leader EY in the advisory practice space, and may trigger a war for talent am...
Barclays India technology and shared services units get new CEOsMani Subramanian, who was CEO of the Barclays Technology Centre in India, is retiring and is being replaced by Simon Pattinson, the source ...
Dinesh Kanabar quits KPMG, to set up his own advisory firmDinesh Kanabar, deputy CEO of KPMG, has resigned from the firm on Wednesday after a four year stint with the consulting firm.
Battles for talent between PwC & KPMG may become a war soon30 mid-to-senior executives from PwC’s business consulting division resigned to join rival KPMG even as former poaches dozens from KPMG.
Top deck leads exodus at KPMG forensic audit division, 6 partner-level execs likely to join PwCAccording to industry sources and people within the company, between 75 and 100 staff members are also expected to leave along with the par...
Mercer MD Nishchae Suri quits, may join KPMG as human capital headNishchae Suri, MD at consulting firm Mercer, is expected to join rival KPMG as human capital head.
Top KPMG honchos in exit rush, Russell Parera latest to leave in a series of high-profile resignationsThe latest to leave is Russell Parera, KPMG's long-serving chief executive, who lost the title last October to current incumbent Richard Re...
OnMobile chairman says things are 'normal now', rules out any tie-up with InfosysSince July, OnMobile has been taking steps to bring the company back on the growth track, with Haight playing a very hands-on role.
- Registrar of Companies looking into financial irregularities of OnMobile: M V Moily
The Corporate Affairs Ministry said it has asked the RoC to look into the alleged financial irregularities of the mobile value-added servic...
- MCA will look into allegations against OnMobile: Veerappa Moily
Moily today said the Ministry will "definitely look into" the allegations of financial irregularity in mobile value-added services company ...
- Rajat Gupta quits as ISB chairman
Rajat Gupta, the former worldwide managing director of McKinsey & Co, has decided to resign as the chairman of Indian School of Business.
- Deloitte faces heat over Subhiksha's audit
After Price Waterhouse and Ernst & Young, which burnt their fingers in the Satyam affair, it's the turn of audit firm Deloitte to face the ...