News for 'KPMG International'

Why Indian MBAs and engineers love Google

Why Indian MBAs and engineers love Google

Rediff.com24 Jun 2019

Google has emerged as top choice in the Top 100 Ideal Employer Rankings in a survey conducted among Indian management and engineering students.

How TCS is reconfiguring its future

How TCS is reconfiguring its future

Rediff.com7 Nov 2021

In March this year, when Tata Consultancy Services (TCS) unveiled a new brand statement of "Building on Belief", many wondered if it was the right strategy. When things are uncertain, wouldn't a brand statement such as "Experience Certainty" have been better? But for Rajesh Gopinathan, CEO & MD, TCS, it was all about the way the company was looking at business. As Gopinathan explained over a video call, "Today, we have over 1,000 customers and 98 per cent of our business is repeat business; our relevance to customers should continue, and to increase.

Deal exports? India set to lead the show

Deal exports? India set to lead the show

Rediff.com19 Aug 2008

Reinforcing the growing power and international presence of Indian corporates, an analysis of deals between emerging and developed economies since 2003, shows there were 322 completed deals where Indian buyers have acquired companies in the major developed economies, KPMG said. This, compared to 340 deals completed in the opposite direction, wherein developed economy entities bought into India, it said in its EMIAT study.

It's boom time for tech fraud fighters

It's boom time for tech fraud fighters

Rediff.com2 Sep 2021

More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment. Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic. Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.

IT sector enters the slow lane

IT sector enters the slow lane

Rediff.com11 Oct 2015

For top IT services firms, revenue growth in FY15 was the slowest since the Lehman crisis

IPL's positive impact...contributes billions to India's GDP

IPL's positive impact...contributes billions to India's GDP

Rediff.com30 Oct 2015

The Indian Premier League (IPL) 2015 made a contribution of Rs 11.5 billion (USD 182 million) to India's GDP, a survey conducted by top financial auditing firm KPMG on behalf of the BCCI has said.

India's biggest infrastructure projects

India's biggest infrastructure projects

Rediff.com11 Nov 2011

India has seen rapid progress in various big-budget infrastructure projects.

Was govt's decision to sell Cairn shares flawed?

Was govt's decision to sell Cairn shares flawed?

Rediff.com8 Aug 2021

Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.

You can't operate in Silicon Valley if...

You can't operate in Silicon Valley if...

Rediff.com11 Jan 2011

Protiviti Inc, one of the world's largest independent business and risk consulting firms, specialises in internal audit, estimated to be a Rs 1,35,000-crore (Rs 1.35 trillion) business globally.

Obama nominates Indian-American to key administration post

Obama nominates Indian-American to key administration post

Rediff.com6 Oct 2013

Kumar joined KPMG in 1995 as a Finance Management Leader and from 2005 until his retirement in September 2013 he led the firm's West Coast Finance Management Consulting practice.

PwC, Deloitte keep TOP spots in global audit market

PwC, Deloitte keep TOP spots in global audit market

Rediff.com31 Jan 2013

There have been almost no year-on-year changes in market share within the Big Four.

Forensic audit of firm's books

Forensic audit of firm's books

Rediff.com4 Dec 2012

Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting

Automakers in India gear up to launch affordable EVs

Automakers in India gear up to launch affordable EVs

Rediff.com22 Dec 2021

India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.

India to be 3rd biggest aviation market by 2020

India to be 3rd biggest aviation market by 2020

Rediff.com18 Mar 2016

In 2015, India's domestic aviation market clocked 81 million flights.

M&As: Assets in emerging nations turn attractive

M&As: Assets in emerging nations turn attractive

Rediff.com23 Jun 2011

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.

M&As zoom in BRIC nations

M&As zoom in BRIC nations

Rediff.com13 Sep 2007

Emerging markets are likely to overtake developed countries in terms of international acquisitions in the next two to three years, while India has emerged as the most acquisitive among the emerging nations, a latest study says.

Will drive-in theatres replace the multiplex?

Will drive-in theatres replace the multiplex?

Rediff.com22 Aug 2020

are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.

Vodafone verdict: What lies ahead for India's tax laws, investment pacts

Vodafone verdict: What lies ahead for India's tax laws, investment pacts

Rediff.com5 Oct 2020

There is considerable speculation as to whether this award would have any bearing on another Vodafone-type case, namely, the ongoing tax-related arbitration proceedings with Cairn Energy.

Cricket SA chief gets to keep IPL bonuses

Cricket SA chief gets to keep IPL bonuses

Rediff.com29 Aug 2011

Cricket South Africa CEO Gerald Majola has reportedly been allowed to keep his IPL bonus, amounting to about a million rands despite reports that he had handed it back after it led to an inquiry against him.

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

Rediff.com20 Sep 2021

After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.

Firms send employees abroad amid cost cuts

Firms send employees abroad amid cost cuts

Rediff.com16 Sep 2009

Companies across the world have continued to send employees overseas to take advantage of business opportunities, despite a reduced budget for international assignment programs during the economic downturn, a KPMG survey says.

Developed market targeted M&A deals rise 25%

Developed market targeted M&A deals rise 25%

Rediff.com23 Aug 2010

According to the latest Emerging Markets International Acquisition Tracker report, 243 emerging-to-developed deals were recorded in the first half of 2010, compared to 194 in the second half of 2009.

Dream 11 founders: Fantasy sports champs

Dream 11 founders: Fantasy sports champs

Rediff.com13 Jun 2019

Following their passion paid off for Harsh Jain and Bhavit Sheth with their fantasy sports platform Dream11 entering the unicorn club with a valuation of over $1 billion.

FIs favour anti-money laundering regime

FIs favour anti-money laundering regime

Rediff.com19 Apr 2005

Indian Banks' Association Chairman H N Sinor said AML regime was in the first stage of implementation in India and it would take time for processes to settle down.

India Inc wants stronger regulatory review

India Inc wants stronger regulatory review

Rediff.com7 May 2009

Today, when corporate governance practice has become a priority issue, a vast majority of India Inc feels there is a need for stronger regulatory review and enforcement, according to a report by the international consultancy firm KPMG.

India helps recharge batteries and open eyes

India helps recharge batteries and open eyes

Rediff.com13 Jun 2008

How do you motivate the motivators? How do you teach leadership to leaders?

Tata ropes in specialists to trim costs at JLR

Tata ropes in specialists to trim costs at JLR

Rediff.com29 Jul 2009

Tata Motors has roped in international consultants Roland Berger Strategy Consultants (based in Munich) and KPMG to help its British car brands Jaguar-Land Rover trim costs and help manage cash flow.

Insurance BPO to create 1 lakh jobs in India

Insurance BPO to create 1 lakh jobs in India

Rediff.com19 Sep 2007

The size of the industry, with over 1,500 property and casualty insurance companies and 1,300 health insurance firms in the US alone, makes insurance outsourcing an attractive market, KPMG said.

EU move for Basel-II may hit commodity trade

EU move for Basel-II may hit commodity trade

Rediff.com5 Apr 2007

The European Union's push to introduce new capital requirements for banks through the Basel-II (Revised international capital framework) pact may hit specialist commodity traders, such as large oil companies.

Brands will drive 30% growth in franchising

Brands will drive 30% growth in franchising

Rediff.com11 Jul 2013

Several industry verticals such as food and beverage, education, fashion and tourism are leveraging their growth by franchising their products under various formats.

Audit cos to go digital for clearing lockdown hurdle

Audit cos to go digital for clearing lockdown hurdle

Rediff.com11 May 2020

There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.

GoAir's IPO plan flies in the face of logic

GoAir's IPO plan flies in the face of logic

Rediff.com5 Apr 2021

The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Rediff.com4 Dec 2019

Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.

Why Indian students DON'T want to go to Trump's US

Why Indian students DON'T want to go to Trump's US

Rediff.com30 Jan 2019

The hostile environment towards outsiders under the Trump government is a major reason, say experts.

YES Bank fraud case: Cox & Kings top brass under ED lens

YES Bank fraud case: Cox & Kings top brass under ED lens

Rediff.com9 Jun 2020

The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.

Indian firms on M&A spree

Indian firms on M&A spree

Rediff.com28 Dec 2005

Top Indian companies are ending the year 2005 with a flurry of overseas deals, capping a trend of the past year that saw mergers and acquisitions worth a record $10 billion.

USAID to give $10 mn to India's insurance sector

USAID to give $10 mn to India's insurance sector

Rediff.com12 Jun 2003

The United States Agency for International Development will provide a $10 million technical aid for development of Indian insurance sector over the next four years.\n\n\n\n

World's consulting brass checks in

World's consulting brass checks in

Rediff.com14 Feb 2003