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...
Affordable housing, rental expansion and RERA reforms set to define next growth phase in India's urban region: ReportIndia's housing sector is set for a major overhaul, driven by urbanization and policy shifts. A report highlights the urgent need for affor...
How an Australian connection helped Shaily Mehrotra build a Rs 1,500-crore Indian skincare brandA gap in science-backed skincare products in the Indian market prompted Shaily Mehrotra to start Fixderma, with an aim to solve common skin...
Forensic experts call for AI-driven playbook to counter deepfakes and digital scamsFinancial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Expe...
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...
Moglix appoints Amit Kumar as MD and chief business officerMoglix, a B2B industrial commerce platform, has appointed Amit Kumar as its managing director and chief business officer. With over two dec...
Ready to reduce non-essential travel: Companies open to making WFH work, againIndian companies are responding to the Prime Minister's call for work from home and reduced travel. Many firms are already offering hybrid ...
India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensionsIndian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and...
Indians become Australia’s largest migrant group for the first time, overtaking EnglandIndians are now Australia's largest migrant group, surpassing those from England. This shift highlights changing migration patterns, with o...
KPMG to exit US federal audit businessBig Four firm KPMG is leaving its federal government audit work. The company will move over 450 U.S. staff to new roles. This follows a los...
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...
Big 5 auditors handle nearly every 2 out of 3 Nifty500 companies: ReportIndia's five largest audit firms dominated the audits of Nifty500 companies in FY23, handling almost two out of every three audits. The Ind...
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...
With forensic audit confirming fund diversion, endgame nearing for DHFL, WadhawansThe third largest mortgage lender had sought a Rs 15,000-crore lifeline from the lenders as they finalise the resolution plan, which may al...
- KPMG group gets service tax show cause notice for Rs 29 cr
Consultancy firms have drawn the ire of the service tax department for alleged evasion. The department has issued show cause notice to lead...