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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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Honda launches a new Civic small car into an SUV crazy world

The new 2016 Honda Civic is unveiled in Detroit, Michigan September 16, 2015. Honda Motor Co unveiled the tenth generation of its Civic small car... ...
Turnaround specialists helping banks revive stressed assets

Mumbai: As the country's lenders try and clean up their balance sheets by getting more involved in the operations of defaulting borrowers (in some... ...
India, China witness uptrend in mobile banking

New Delhi : Mobile banking has risen significantly in emerging market economies like India and China and the number of such users globally is... ...
Why professionals are quitting cos like PwC, KPMG & turning entrepreneurs

Careers of fathers and sons rarely move in tandem. Rare, therefore, is Mumbai's Purandare family where father Jairaj and son Varun have both hit... ...

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