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KPMG CLAIMS ADMINISTRATOR
Canada Class Action Lawsuit: $8.7 million settlement offers eligible Canadians up to $5,000 - Check who qualifies and how to claim compensationA court in Canada has given the green light for an $8.7 million settlement arising from a privacy breach that occurred in 2020. Canadians w...- Vax administration by hospitals can be taxed, says Andhra AARThe proper administration of the vaccine by technically qualified personnel, as prescribed by government guidelines, becomes ancillary supp...
- Srei lenders extend bid timeline to July 30The committee of creditors took both decisions on June 24, the people said. Earlier, Rajneesh Sharma, the administrator of Srei Infrastruct...
- UK seeks to rein in Big Four with new, revamped audit rulesThe widely awaited overhaul comes after lawmakers and practitioners promised to improve audit quality following a series of high-profile mi...
- Srei lenders extend deadline to submit resolution plan to June 7The administrator has registered Rs 32,000 crore of claims from financial institutions, according to Srie's website. The extension in deadl...
- RBI nudges twin Srei lenders banks to classify account as fraudIf the account is classified as fraud, it will prevent Kanoria from regaining control over the companies. Under 12A of the Insolvency and B...
- Administrator extends deadline for accepting EoI for Reliance Capital to March 25The decision was driven by a poor response that the administrator received for the financial services company of Anil Ambani’s Reliance Gro...
- Consultants, audit firms vie for Srei resolution pieSBI Capital Markets and BoB Capital Markets are locked in a tough battle to be a process advisor to the committee of creditors (CoC). This ...
- Srei promoters move NCLT, contesting KPMG forensic auditThe company's bankers had tasked KPMG to carry out a forensic audit in March last year as they were considering a loan recast. An RBI speci...
- Rel Capital resolution: Lenders hire KPMG India, L&L PartnersThe committee of creditors (CoC), which met last week, debated whether Reliance Capital be sold as a single unit or its subsidiaries be auc...
- Lenders of Reliance Capital appoint KPMG as process advisor, L&L Partners as their legal counselThe committee of creditors (CoC), which met last week, debated whether Reliance Capital be sold as a single unit or its subsidiaries be auc...
- Budget 2015: Ease of doing business high on startups wish listGovernment has done well in the past by raising the turnover threshold from Rs 6 million to Rs. 10 million for mandatory audit requirement.
- Over 100 corporate leaders, professionals join party: BJPShah appealed to corporates to take benefit of newly launched schemes of the government and create employment opportunities in the country.
- Non-life PSUs plan own co to manage health claimsPublic sector non-life insurance companies have appointed management consultancy firm KPMG to advise them on setting up an affiliate compan...
- IRDA appoints committee for TPAsThe Insurance Regulatory and Development Authority has appointed a committee headed by former LIC chaiman SB Mathur to look into the workin...
- Taxmen may source defence min supplies for adding to collectionsThe government is toying with a proposal to bring procurement contracts of the defence ministry under tax collected at source (TCS) net thi...
- Insurance offshoring business to touch $1bn by 2010The sector currently has 41,600 people on its payrolls and generates an estimated revenue of $790 million, says a KPMG report.
- Insurance offshoring business to touch $1b by 2010Revenues from offshore insurance BPO services are slated to touch $2 billion while the employee base of insurance BPO firms is expected to ...
- High corporate tax can affect FDI inflow: KPMGHong Kong, Singapore, Malaysia with their lower corporate tax rates, can provide stiff competition to India for attracting FDI.
- Charity begins at I-T dept: Cos to furnish list of doneesIndian companies donating to charity and claiming tax breaks may soon have to furnish the list of their donees to the income-tax department.
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