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Retd MSRTC exec booked for sexually harassing consultant

The consultant, who was employed with KPMG, was deputed at the MSRTC headquarters on contractual basis when the officer allegedly offered her an out-of-turn promotion and other benefits in lieu of sexual favours

Retd MSRTC exec booked for sexually harassing consultant
Updated on Oct 04, 2024 07:46 AM IST

Mohan Babu University receives highest pay package of 60 LPA, details inside

The 2024 placement drive at MBU saw more than 120 multinational companies offering over 1,628 job opportunities to students across various disciplines.

Engagement from diverse sectors, including IT services, banking and financial services (BFSI), consulting, manufacturing, and e-commerce was seen in the placement season this year. (Mint)
Published on Sep 25, 2024 02:40 PM IST
By | Edited by , New Delhi

Explainer: How big are the Big Four accounting firms in China?

In total, the Big Four audited 12% of the companies listed on Shanghai Stock Exchange and 5% of companies on Shenzhen bourse by this March, PwC said

Accountancy giant PwC was banned in China on September 13, 2024, for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande. The moves by Chinese regulators mark the latest development in a crackdown on PwC for its work with Evergrande, which has become emblematic of a protracted debt crisis in the country's real estate sector. (Miguel Medina/AFP)
Published on Sep 14, 2024 10:13 AM IST
Reuters |

Big Four look to hire this role as Global Capability Centres grow in India

The Big Four, including Deloitte, EY, PwC, and KPMG look to adapt as India is set to have 2,550 GCCs with a market value of $110 billion by 2030

The Big Four (Deloitte, PwC, EY, and KPMG) are hiring more technology architects due to the rising number of GCCs in India (Representational Image/Unsplash)
Published on Aug 06, 2024 09:30 PM IST

ICAI can take action against affiliates of Big Four accounting firms: Delhi HC

Domestic affiliates of the Big Four accounting firms like EY, KPMG, PwC, and Deloitte work as a single unit with them, violating the Chartered Accountants Act.

The Delhi High Court allowed the ICAI to take action against affiliates of the Big Four accounting firms. (HT Photo)
Published on Jul 06, 2024 11:31 AM IST

KPMG, Deloitte affiliates hit with US penalties for exam cheating

A Deloitte spokesperson said the answer sharing was "unacceptable" and that the firm would continue to serve clients with high quality.

The U.S. accounting watchdog barred senior leaders at the firms over exam cheating.(REUTERS /File)
Updated on Apr 10, 2024 10:56 PM IST

Career options available if you have not cleared the CA exams

Candidates are an easy pick in the Product Manager roles of the Fintech Startups who are on the lookout for knowledgeable and industry-experienced individuals.

This time, a total of 8,650 candidates have qualified as Chartered Accountants, the ICAI said.(HT file)
Published on Jan 10, 2024 10:33 AM IST
ByTisha Jacob, New Delhi

KPMG Fined £1.25 million for Luceco Audit by UK Watchdog

An-ex KMPG employee, Stuart Smith, who was audit engagement partner for the Luceco audit, was also fined £50,000.

The audit errors were compounded by the fact that KPMG and Smith had been aware of failures in previous years concerning the accuracy of the cost of inventory — one of the eight breaches they admitted, the FRC said.
Published on Apr 13, 2023 01:32 PM IST
Bloomberg |

KPMG, Goldman Sachs sued over Silicon Valley Bank collapse

Silicon Valley Bank collapsed last month following bets on bonds that lost value as interest rates rose.

People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California.(AP)
Published on Apr 09, 2023 03:35 PM IST
Bloomberg | | Posted by Aryan Prakash

Centre launches Foreign Trade Policy 2023, aims $2 trillion exports by 2030

The policy will continue to adopt consultative approach to resolve issues of trade and Industry with wider participation of states and districts in promoting exports from the grassroots

 (Twitter | Piyush Goyal)
Updated on Mar 31, 2023 02:27 PM IST
ByRajeev Jayaswal

Explained: What is ‘The Great Resignation’, that has shook global workplaces

In an interview to Bloomberg last year, Antony Klotz, an associate professor of management at Texas A&M University had coined the term ‘The Great Resignation’ after studying the exits of hundreds of workers.

On May 24 this year, PricewaterhouseCoopers released a Global Workforce Hopes and Fears Survey 2022 report stating that one in every five employers was ready to switch to a new job.
Published on Oct 04, 2022 04:16 PM IST

Electric vehicles on Indian roads will touch 5 crore by 2030: Report

In its report titled- "Electric vehicle charging – the next big opportunity", consultancy firm KPMG said that as of March this year, the number of EVs on Indian roads surpassed 10 lakhs.

KPMG pointed out that only 1,700 public EV charging stations are operational across the country which is inadequate to support EV growth.(Representative image)
Published on Aug 30, 2022 05:56 PM IST
Written by Harshit Sabarwal | Edited by , New Delhi

KPMG says Indian IPOs will raise $10bn in next six months

Indian companies have raised $10.8 billion from first-time share sales this year, according to data compiled by Bloomberg.

India to raise about $10 billion through initial public offerings in the next six months(HT Archive)
Published on Oct 11, 2021 02:39 PM IST
Bloomberg |

Big listed firms continue to choose big 4 for audit: Data

Nearly 70% of all statutory auditors work with just one client, indicating smaller auditors find it hard to get a foothold in the upper end of the audit market.

India has more than 2,300 statutory auditors, but large firms go for network firms of Deloitte, KPMG, PwC and EY.(MINT_PRINT)
Updated on Sep 25, 2021 01:55 AM IST
Livemint | ByGireesh Chandra Prasad, New Delhi

MIT study on 'collapse of human society' may become reality, says a new research

The fresh study was conducted by Gaya Herrington, a researcher at KPMG International.

Massachusetts Institute of Technology. (File Photo/mit.edu)
Published on Jul 26, 2021 05:40 PM IST
By | Written by Karan Manral, New Delhi
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