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ICAI says KPMG can't audit; auditors disagree

The chartered accountants regulator ICAI on Thursday said KMPG cannot audit Satyam's books, but the global auditor said it does not require to register with the regulator to restate the IT......

M&As: Assets in emerging nations turn attractive

Trade buyers in emerging economies appear to be losing their appetite for merger and acquisition (M&A) targets in developed nations, says a KMPG report. After a surge in cross-border activity in......

Non-executive bank directors need more pay too

On the heels of the Reserve Bank of India making out a case for better pay packages for PSU bankers, global consultancy KPMG said that not only senior personnel, but non -executive directors, too,......

Satyam seeks more time to restate results

Mahindra Satyam, the erstwhile Satyam Computer Services, has sought time until September 30 from the Company Law Board (CLB) to file financial statements. The CLB had earlier set June 30 as the......

'Subhiksha kept us in the dark'

ICICI Venture, which owns a 23 per cent stake in the beleaguered Subhiksha Trading Services, said its hands "are tied'' as the majority owner and founder of the retail chain, R Subramanian, kept......
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