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TECHNOLOGY IN AUDIT
NFRA to release second Staff Series on Technology in AuditThe series is in line with NFRA's obligations to suggest measures to improve overall audit quality and promote awareness of the significanc...- India Inc seeks legal safeguards as agentic AI raises liability risksWith the growing apprehension surrounding AI safety, Indian businesses are consulting legal experts about the implications of liability lin...
- ET 40 Under 40 2026: Leaders say businesses must change before it's too lateCorporate executives emphasized the necessity of embracing proactive self-disruption as technology evolves and consumer preferences shift. ...
- Trump calls Nvidia's Jensen Huang live on stage, says AI safety concerns are a ‘hoax’Donald Trump spoke with Nvidia CEO Jensen Huang about artificial intelligence. He dismissed growing concerns over AI safety, calling them a...
- Coforge hires Egon Zehnder for chairman, independent director searchET had reported last week that KPMG, the internal auditor of Coforge (formerly NIIT Technologies), had raised concerns that the board evalu...
- Microsoft commits to sweeping AI privacy rules for students. Will other tech giants follow?As the school year started, the country's two largest school districts, New York City and Los Angeles, announced they were putting the brak...
- Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
- Europe facing unprecedented risk of being cut off from AI, Lagarde warnsEuropean firms have been investing in AI but mostly importing the technology from overseas, especially the United States, leaving them vuln...
- Anthropic's Dario Amodei calls for slower pace of AI model developmentIn an essay published on Saturday, Amodei said recent advances have convinced him that artificial intelligence companies need to deliberate...
- OpenAI pushes for mandatory national AI safety rulesThe call marks a major push by OpenAI for binding national AI safety rules with Congress yet to enact a federal framework on AI law even as...
- Sebi proposes extending cybersecurity rules to subsidiaries of MIIsSebi proposes extending its IT and cyber security framework to MII subsidiaries, seeking to close oversight gaps involving critical technol...
- Sebi proposes extending IT, cyber security framework of MIIs to their armsSebi proposed extending IT and cyber security rules to subsidiaries of market infrastructure institutions. This move aims to strengthen reg...
- California governor signs laws aimed at protecting kids from risks of social media, AI chatbotsThe laws will penalize large social media companies up to $1 million per child if they are found negligent of harming children through thei...
- KPMG audit revealed OP Bhatt suppressed key information as Coforge board chairOP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered inconsistencies in separate board membe...
- US lawmakers call for new AI rules after Anthropic researchers' safety warningsThe reaction was broader than after previous statements from OpenAI and Anthropic staffers about safety concerns, drawing input from lawmak...
- Key Coforge shareholders were against OP Bhatt’s reappointmentThe exit of Bhatt, a career banker and former chairman of the State Bank of India (SBI), appears not to be linked to any financial discrepa...
- NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
- GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
- ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
- NFRA forms audit quality, assurance and technology advisory committeeIndia's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit qual...
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