Kpmg

Big 4 ramping up hiring for tech, biz consulting: Amrop India Study

An Amrop study shows EY and Deloitte ramping up hiring in tech and business consulting practices, with SAP, Oracle and digital roles driving talent and promotion growth

Panel formed to chart roadmap for Big Four-like company in India

A first of its kind meeting to discuss this issue was held on Friday by the Prime Minister's office

Tech firms must embrace AI fast or risk falling behind: KPMG report

AI can unlock $178 billion for tech firms, but the gap between potential and realised value remains wide, says KPMG International's report

Uber introduces AI-powered helmet selfies to boost two-wheeler rider safety

The new safety feature for 'Uber Moto' includes AI-powered helmet selfies for drivers as well as in-app helmet 'nudges' for riders

Big four's Indian arms outpace global counterparts in FY24 revenue growth

The Indian arms of Deloitte, PwC, EY, and KPMG outpaced their global counterparts in FY24, driven by booming demand for consulting services, with revenue set to surpass Rs 45,000 crore by FY25

There's a renewed focus on GCCs with tech emphasis: KPMG India CEO

"Well-being is integral to our people strategy. As a firm, we are committed to creating an environment where every employee can thrive"

91% Indian CEOs want to link rewards, promotions to office attendance: KPMG

CEOs in India are confident about the benefits of generative AI, but concerned about the pace of progress on regulations: KPMG 2024 India CEO Outlook

EY employee's death prompts Big Four to relook work culture norms

The recent death of EY employee Anna Sebastian Perayil, which led to a widespread discussion about work-life balance, prompts major firms to reform their work cultures amid allegations of exploitation

SC rejects Amit Goenka's plea against KPMG as auditor in Shirpur Gold case

The bench consisting of Justice Hrishikesh Roy said they found no infirmity with the Bombay High Court order of August 14, which had dismissed Goenka's plea

KPMG India ties up with Zscaler to help organisations deal with cyber risks

KPMG India-Zscaler alliance will offer broad security services to help organisations understand and effectively manage cyber threats, unique to their businesses

Double standard deduction: KPMG outlines key tax reforms for Budget 2024

Doubling standard deduction to Rs 1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax regime are some of the expectations that consultancy firm KPMG has from the Budget 2024-25 to be unveiled on July 23 in Parliament. There has been a significant rise in medical expenses, fuel costs and overall inflation. Keeping in mind the increase in personal expenditure it is popularly expected to enhance the standard deduction to Rs 1 lakh from the existing limit of Rs 50,000, KPMG said in a note. With the objective to have more net disposable income which can either be spent on consumer goods or channelised as savings, it is a popular expectation that the basic tax exemption limit under the default new tax regime be increased to Rs 5 lakh from Rs 3 lakh, it said. With regard to housing loans, it said there is mounting pressure on the real estate sector with recent hikes in interest rates and regulatory reforms. To alleviate these challenges a

KPMG plans C-suite topup across verticals to power Project Himalaya

The Project Himalaya, announced last year, involves the merger of the delivery capabilities of consulting, risk, and advisory practices of its units in the US, the UK, and India

No reduction in consumer market frauds despite regulatory changes: KPMG

The majority of the respondents feel that there has been no reduction in frauds despite multiple regulatory changes in India, a KPMG survey said on Thursday. KPMG in India conducted a survey with more than 75 experts from the finance/ compliance domain in various organisations in the consumer markets sector (FMCG, consumer durables, agriculture, retail and e-commerce), covering questions about frauds and leakages faced by them. As many as 79 per cent of the survey respondents said there has been no reduction in frauds despite regulatory changes, and only 21 per cent responded by saying that frauds have been reduced due to the changes. As per the survey, procurement, sales and distribution and e-commerce were voted as the major areas prone to fraud. About 72 per cent of the respondents cited reputational damage as the most severe impact of fraud, whereas 16 per cent believed that financial losses would also impact organisations. Around 61 per cent of the respondents believed that .

GCCs in India becoming 'nerve centres' for global business success

A Nasscom-KPMG report launched on Thursday has identified four considerations for GCCs as they move up the value chain

Cost of living doesn't influence compensation packages: KPMG Survey

Cost of living in a particular city does not influence the compensation packages for talent, a survey of recruitment leaders undertaken by a consultancy firm revealed. Around 95 per cent of human resources leaders and talent acquisition heads from 40 companies across 10 sectors said "cost-of-living differences across Indian cities do not affect compensation decisions", as per the survey by KPMG in February and March. Earlier, there used to be a city compensatory allowance to compensate for a higher cost of living in metros or tier-I cities, but HR heads say very few employers are offering it now, it said, adding the compensation range is more or less the same for the same roles across the country. Employees consider residential rent, property indices, local purchasing power, and overall cost of essentials like goods, utilities, and transportation when evaluating the cost of living, it said. The survey found Pune among the cities to be excelling on the safety aspect. "Chennai, Navi

Big Four adopt tech, hire more to meet rising risk advisory demand

Deloitte, KPMG, PwC and EY say business feel greater need for regulatory compliance after the coronavirus

KPMG, Deloitte affiliates hit with US civil penalties for exam cheating

The PCAOB permanently barred the KPMG Netherlands' former head of assurance Marc Hogeboom from the industry, chair Erica Williams said

Taiwanese firms look to set up headquarters abroad to avoid Chinese attack

China asserts territorial claims over Taiwan and has issued threats of annexation if Taipei resists reunification indefinitely

India has a lot more trust in technology than others: KPMG's Brenda Walker

The Indian government is seeking more advice and strategic direction on sustainability, ESG goal, decarbonisation efforts across supply chain in almost all industries

Hong Kong to name ex-KPMG China head Carlson Tong to chair stock exchange

Tong is expected to take over as the next chairman of the Hong Kong Exchanges & Clearing Ltd. after April 24, according to people familiar with the matter