Organisations are focusing on how they are going to be much more nimble, much more innovative and that is the ticket to success, Mark Goodburn tells Sangeeta Tanwar
CEOs from various sectors were part of the survey.
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.
Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence.
The big four global accountancy firms -- PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte -- are circumventing laws to provide auditing services in the country, says a report of an Institute of Chartered Accountants of India's committee.
The biggest challenge facing the BPO industry today is addressing the data security and privacy governance of their clients, but most Indian companies have already embraced the processes required to deliver secure outsourcing services, according to a survey.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
Combining their respective strengths in creativity and research, Indian and US firms can grow their business relationship in the coming years and contribute to the global economy, says a study.
Mobile internet penetration has grown thanks to affordable data costs, investments in content and evolution of monetisation avenues
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.
According to Parizad Sirwalla, partner (tax), KPMG, the withdrawal of annual tax free transport allowance and medical reimbursements has squared off the benefit on account of standard deduction.
As per the study in association with The Indus Entrepreneurs, a non-profit organisation fostering entrepreneurship, governments in six states, Punjab, Gujarat, Delhi, Tamil Nadu, Karnataka and Maharashtra are becoming more receptive to entrepreneurial demands.
The findings of the audit into irregular IPL and Champions League bonuses allegedly paid to Cricket South Africa staff, including CEO Gerald Majola, have been delayed by a week.
An overwhelming majority of senior executives from various sectors favour introduction of the proposed Goods and Services Tax and think that it will increase profitability for firms, according to a survey by industry body CII and global consultancy KPMG.
Indian carriers are expected to double their fleet size by 2020 to 1,000 aircraft by 2020, promising a huge opportunity for the maintenance, repair and overhaul business.
The company aims to bring in a million on-board sellers in the next three years.
The preceding economic recession has led corporates and IT majors rethink and redesign business models for further improvement in terms of impact on organizational performance through better alignment from the planning stage.
Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore. Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.
While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.
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.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
The search giant is keen to pocket a hefty slice of India's online advertising market, an Rs 1,300-crore (Rs 13-billion) market in 2011 that is set to touch Rs 3,400 crore (Rs 34 billion) by 2015 according to KPMG estimates.
Prabhu's maiden Railway budget is high on vision.
The venture capital industry is optimistic about renewed investments this year, with focus shifting primarily to the green technology sector, a survey by global consultancy KPMG LLP said.
Mahindra Satyam, the erstwhile Satyam Computer Services, has sought time until September 30 from the Company Law Board (CLB) to file financial statements.
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.
Electricity consumption in India, currently at some 600 Tera Watt hour (TWh) annually, is set to double by next decade, surpassing the Russian levels in the process.
Indian auto manufacturers are well poised to become "winners" in terms of global market share in the next five years to join the ranks of established players like Hyundai, Toyota, Honda and Volkswagen.
Indian banks have successfully weathered the mayhem that shook the financial world in 2008.
In its consultation paper Trai addressed three key points including the bundling of channels under bouquets, rampant discounting within bouquets, and the lack of consumer choice.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
One danger in keeping the incentive structures common across all categories is that distributors will stop focusing on products that are more difficult to sell.
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.
The decision to seek tie-up details from CA firms, especially those associated with the Big 4 -- PWC, Ernst & Young, KPMG and Deloitte -- follows a report by an Institute of Chartered Accountants of India committee on the multi-crore Satyam scam.
Deloitte had challenged the jurisdiction of the NCLT to ban it, saying section 140(5) of the Companies Act pertains to auditors who are still auditing the company in question while it has already resigned from the service and thus cannot be banned under the given provisions.
Healthcare infrastructure includes buildings, equipment, ambulances, etc. Of the states and union territories, six -- Maharashtra, Rajasthan, Uttar Pradesh, West Bengal, Andhra Pradesh and Tamil Nadu -- account for more than 50 per cent of the total healthcare infrastructure spending in the country.
With the overall incidence of frauds rising in corporate India, there is a need for India Inc to deal with fraud risks firmly
Bollywood's 2010 releases show that co-productions are the flavour of the season.
The All India Congress Committee general secretary Rahul Gandhi and his sister Priyanka Vadra attended the marriage of the son of Sonia Gandhi's trusted personal assistant Madhavan.
Time and cost overruns have delayed 850 infrastructure projects out of a 1,035 during the period between 1992 and 2009, says a study.
