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KPMG NEWS
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...- KPMG seen to slash jobs in UK auditing segmentKPMG UK is set to reduce its workforce in the auditing division. The company anticipates a significant number of departures if a redundancy...
- KPMG in India reappoints Yezdi Nagporewalla as CEO for 2nd termYezdi Nagporewalla will continue as the Chief Executive Officer of KPMG in India. His second term will begin in February 2027. The India Bo...
- Big 4 raid each other's pools as talent war rages amid unprecedented growthThe Big Four accounting firms - EY, PwC, Deloitte, and KPMG - are engaged in a talent war as they seek to strengthen their advisory practic...
- KPMG Assurance pays US regulator's penalty in 2017 caseIn an earlier order, the PCAOB announced that it had censured KPMG Assurance and Consulting Services LLP, a registered public accounting fi...
- 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....
- Indian banks set to take a hit of Rs 36,000 crore from DHFL writeoffThe company’s shares are already down more than 90 per cent so far this year.
- Net interest margins of MFIs to face pressure: KPMGKPMG said the MFI sectors awaited parity in terms of restrictions related to lending.
- Fundamentals of Indo-US B2B ties are strong: KPMG CEO Arun Kumar"I certainly saw India as one of the most exciting places in terms of the economic growth," said KPMG CEO Arun Kumar.
- Axis Bank suspends 24 employees, 50 accounts under lensIts branch in Noida was the latest to be investigated by the income-tax department and news agencies have reported that 24 accounts — mostl...
- Industry, experts cheer passage of Bankruptcy Code in Lok SabhaThe proposed bankruptcy law will improve ease of doing business in India by expediting resolution of stressed assets and streamlining the p...
- National People's Congress: China to replace business tax with VAT in all sectors'Business tax will be replaced with VAT in all sectors,' said Premier Li Keqiang in a government work report to the annual parliamentary se...
- KKR set to invest $300 mn on media investment platform along with Chernin GroupGlobal investment firm KKR will commit up to $300 million to create a pan-Asian media and entertainment investment platform along with Cher...
- Incubated at Infosys, OnMobile board orders probe against CEO Arvind RaoOnMobile’s board has ordered a probe against the company’s promoter and CEO Arvind Rao for alleged misappropriation of funds.
- Union Budget to boost aviation, MRO sector, say expertsThe Budget is a positive for the civil aviation industry, particularly for the maintenance, repair and overhaul (MRO) sector, say experts.
- Budget 2012: Airfares likely to rise, says KPMGAirfares are likely to rise as increase in service tax will make overheads like advertising, utilities & rents of aviation companies costli...
- ‘Delhi’s T3 shows Rs 1k-cr overspend’KPMG & Engineers India carried out the review over 3 months. While KPMG has examined the costs concerned with project management & processe...
- China offers tax break to blunt India’s edge in outsourcingChina, keen to end India’s dominance in the outsourcing industry, announced it will not levy operating taxes on offshore service outsourcin...
- Over 15 PwC tax professionals quit; to join rival KPMGOver 15 senior executives of the PricewaterhouseCoopers, whose Bangalore-based arm audited accounts of scam-hit Satyam Computer Services, h...
- Satyam woes drive stock down 24% to Rs 22.80Haunted by allegations of fraud, the Satyam Computer Services stock has been on a roller coaster ride. Amid huge volumes, the stock Thursda...
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