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KPMG CONSOLIDATION
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...- 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...
- Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Global overhaul at Big Four firms brings fresh alignments for IndiaBig Four firms are restructuring globally due to slow growth and changing regulations. These changes will impact their Indian operations. E...
- Punjab & Sind Bank declares Srei loan accounts as fraudsWhile the Kanorias had moved court against the KPMG report, the latest move by Punjab & Sind Bank may prompt other banks to follow suit. Th...
- PE-VC deals in India shot up 60% between 2016 and 2019: KPMGKPMG’s analysis of about 1,900 PE-VC deals in India showed that the aggregate annual transaction value doubled between calendar years 2015 ...
- UPL tumbles 5% after KPMG resigns as auditor of Mauritius arm“We hereby submit our resignation as auditors of UPL Corporation Limited with immediate effect. There are no circumstances connected with o...
- KPMG to expand India front, looks to hire 9,000 employeesTraditionally, consulting and advisory firms have looked at global companies and helped them draw strategy to either cut costs or improve b...
- Rail Budget 2016: It focuses on consolidation, not expansion, says KPMGThe Rain Budget presented by Minister Suresh Prabhu focuses more on consolidation rather than expansion, consultancy firm KPMG said.
- Shares of firms eyeing rail orders plunge on lack of big projectsShares of companies catering to the railways sector plunged due to lack of big ticket announcements in the Rail Budget by Minister Suresh P...
- Companies with foreign subsidiaries exempted from filing CFS this fiscal yearExemption was needed since subsidiaries that are incorporated outside India are required to follow the financial reporting frameworks appli...
- KPMG plans to lease over 7 lakh sq ft of office space in BangaloreThe transaction comes at a time when the sector has been marred by the economic downturn that resulted in a significant decline in office s...
- KPMG may lease over 7-l sq ft office space in BangaloreThe transaction comes at a time when the sector has been marred by the economic downturn that resulted in a significant decline in office s...
- Changing regulatory landscape biggest challenge: KPMGAccording to the survey by KPMG in India, a large majority of those surveyed (90%) believe that changing regulatory landscape is the bigges...
- Reebok India fraud case: Company may not be able to provide evidenceThe annual accounts of Adidas AG, the German sports goods maker that owns Reebok globally, did not mention any financial irregularities.
- TCS doubles size of its operations in Nordic regions: ReportTCS is one of the few companies that been able to balance industry leading growth while maintaining pole position in client satisfaction.
- 'M&A deals among global consumer goods cos rising'Focusing on developing markets, consumer goods companies are turning bullish on M&A activities to bolster their competitive edge.
- 88% corporate honchos support GST roll-out: CII-KPMG surveyThe study also found that industry Representatives feel that the single unified tax structure would help in consolidation of business.
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