Page 3 - Pwc India

Now ICAI issues orders against seven domestic affiliate firms of PwC

In response to the order, Price Waterhouse and affiliates said that they were "disappointed"

Hope ICAI takes inputs before issuing networking rules: Sanjeev Krishan

PwC in India today employs more than 55,000 people across our 12 offices. Our recruitment efforts span the breadth of the country, resulting in a highly diverse team composition, Krishan said

India Inc to tap private credit to finance new projects, says PwC

Tax uncertainty is a big concern for PEs

Majority of top-100 firms making disclosures about carbon emissions: PwC

Supplementing the efforts of the Indian government to achieve a net-zero emission target by 2070, as many as 51 per cent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey. The survey further said that about 31 per cent of the respondent companies have disclosed their net-zero targets. The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and transparent sustainability reporting landscape. "51 per cent of India's top 100 listed companies by market capitalisation disclosed their Scope 3 data for FY23 despite it being a voluntary disclosure in Business Responsibility and Sustainability Reporting (BRSR)," said the report, 'Navigating India's Transition to Sustainability'. This, it added, "sheds light on how Ind

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

Build trust in GenAI to transform India's data-rich tax landscape: Report

The report by consultancy firm PwC revealed that GenAI can help companies track latest laws and regulations around taxation and help overcome the current time gap

China looking into PwC's role in $78 billion Evergrande fraud case

No decision has been made on whether to penalize the auditor

PwC India to offer tech-based compliance monitoring services with Axar

Agreement will have the two companies work together in 'creating market awareness'

Urban Indians ready to pay premium price for quick delivery: PwC report

The lack of discounts and special offers in physical stores, along with large crowds in malls during weekends are some of the reasons why urban dwellers prefer to shop online

Number of M&A deals in India falls 10% to 793 in 2023, says PwC report

However, the total disclosed deal value for M&A declined much steeper at 38 per cent during the year, according to the report titled 'Deals at a glance'

India needs multi-pronged approach for ESDM sector, says PwC India

India needs a multi-pronged approach for the Electronics System Design and Manufacturing (ESDM) sector to leverage the momentum for value chain resilience, as the window of opportunity created by the current geopolitical context is very small, according to a report. "Decisive policy action is the need of the hour," said PwC India's report on 'The India Opportunity: Developing Resilient Electronics Supply Chains'. It noted that India is uniquely placed among global economies, having garnered goodwill as a reliable partner for countries across the world. "The country must now leverage this momentum to ensure that its internal strategy and operations enable it to become future ready. A multi-pronged approach is essential to ensure that the centre of the ESDM sector in India holds firm," the report said. Emphasising that the next decade will be crucial for this, given the window of opportunity for India to be a part of the value chain -- created by the geopolitical context -- is very .

PwC India, CWAS launch framework for ESG assessment of Indian cities

PwC India has launched a framework for the Environmental, Social and Governance (ESG) assessment of cities, developed in partnership with the Centre for Water and Sanitation (CWAS), CEPT Research & Development Foundation (CRDF) at CEPT University. The framework is aimed to encourage Indian cities to become ESG-ready and create an enabling environment for investors in the country. It includes 62 indicators covering themes on global development goals and national commitments, in addition to the municipal functions mandated to local governments, PwC India said in a release. The ESG rating system developed for the assessment of cities starts with 'Initiators', which are cities that have indicated their intent to undertake a few actions on the E, S and G fronts. An increasing score leads to a city being ranked as an 'Aspirant', 'Performer' and subsequently an 'Achiever', it said. Speaking on the launch of the framework, Meera Mehta, Head, CWAS-CRDF-CEPT University, said, infrastructure

Only 9 of 100 firms obtain clear consent before collecting user data: PwC

Only 17% of Indian organisations have listed the email IDs of customer care or other functions for queries with respect to data protection

Indian enterprises increase AI adoption in post-Covid era: PwC report

Indian enterprises have increased AI adoption and industrial products and the manufacturing sector seeing maximum adoption rates following the Covid-19 pandemic, a report said. According to a PwC report titled 'Towards a smarter tomorrow: Impact of AI in the post-COVID era' the industrial products and manufacturing sector has seen the maximum adoption of AI/ML (Artificial Intelligence/ Machine Learning) over the last two years. Almost 64 per cent of the organisations surveyed in the industrial products and manufacturing sector say they are currently at an early stage of their AI-based transformation journey reflecting the opportunities for further investments and growth led by AI/ML solutions in this sector, it said. PwC said it conducted surveys with 220-plus CXOs and decision-makers across the Indian market in 202223. This was a follow-up to the survey conducted in 2020. "While there has been a significant increase in AI adoption with scalable impact in terms of returns, trends .

PwC resigns as Paytm Payments Services' auditor, SR Batliboi appointed

Paytm added that the statutory auditors have not raised any concerns or issues and that the company has noted PwC's resignation

Top headlines: SBI beats RIL, becomes most profitable firm, and more

Business Standard brings you the top headlines at this hour

India a bright spot in bleak global outlook for entertainment & media: PwC

Future of media not very entertaining

Are Indian startups running short on funding? Startup | Funding Winter | Business News

According to a PwC report, in H1CY23, the Indian startup ecosystem received the lowest amount of funding in the last four years. >

Zoho, PwC India to help enterprises scale up digital transformation journey

Global technology company Zoho Corp on Wednesday said it has signed a strategic partnership with PwC India to help medium and large enterprises in the country accelerate their digital transformation journey. The alliance between the two entities brings Zoho's product portfolio of over 55 products with PwC's expertise in driving digital transformation strategy through advisory and consulting services. PwC India and Zoho as per the tie-up, would focus on providing clients and businesses with transformation solutions such as customer experience platforms, custom applications, HR technology, and financial management applications. "We are confident that our customers will benefit from the breadth and depth of Zoho's offering coupled with the industry expertise of PwC. We plan to expand our partnership with PwC to other geographies in the coming years," Zoho Corp Head-Channel Ecosystem, Bishan Singh said. PwC India, Partner and Leader-Alliances and Ecosystems Vivek Belgavi said, "With ..

PwC India ties up with Zoho to drive digital transformation of firms

The PwC India- Zoho partnership "will accelerate their digital transformation journey" of medium to large enterprises in the country, PwC India said