Page 2 - Kpmg

Alipore Court restrains KPMG, banks from acting on SREI audit report

The order was passed on May 20, based on a petition by SREI promoter Hemant Kanoria. Next hearing on May 30

Final KPMG forensic audit report on SREI had gaps: Hemant Kanoria in NCLT

In an application moved on Jan 19, he sought setting aside appointment of KPMG by Axis Bank and UCO Bank (lead banks in consortium of lenders) as auditor for SREI

KPMG audit report on Srei filed in time, say lenders in NCLT

Time period starts from red-flagging of the account, they argue

Hemant Kanoria moves NCLT for setting aside KPMG audit at SREI

Jan 19 application filed by Kanoria cited an issue of parallel auditing in the wake of CIRP (corporate insolvency resolution process) in SREI

Most people feel I-T exemption limit could be raised from Rs 2.5 lakh: KPMG

As many as 64% of the respondents said they expect the basic I-T exemption limit to be raised from Rs 2.5 lakh a year, according to a pre-budget survey by KPMG in India

Big four professional services firms see big growth post Covid-19

Tech adoption by businesses, rise of unicorns, M&A activity drive gains

Yezdi Nagporewalla appointed KPMG India CEO; to take charge from Feb 2022

The company, which in a departure from the past, has split the roles of chairman and CEO with this appointment, said it will announce the chairman in the next few months

Indian companies to raise Rs 75,000 cr via IPOs in next 6 months, says KPMG

A lot of money printed during the Trump administration is invariably finding its way to the stock markets globally and India is one of the beneficiaries, says a KPMG executive

KPMG to assist government in strategic divestment of IDBI Bank for Rs 1

The near-zero bid could make KPMG one of the largest players in managing deals in the financial services space if IDBI Bank sale is a success

Explained: How RBI's tough new rules impact the audit companies

The central bank's tough new rules spell major changes in the competitive landscape for financial services audits

Srei Equipment Finance appoints KPMG, DMKH & Co for forensic audit

The company has been in discussions with lenders for debt realignment. But lenders are unlikely to approve it without a forensic audit

Four years after Modi push, no Indian firm in top league of auditors

Some prime slots are at best held by Indian arms of foreign firms with roots in Europe; govt itself favours the big four for mega advisory roles like disinvestment or asset monetisation

India sees second-best year for fintech funding despite Covid-19: KPMG

India attracted 2.7 billion dollars in investment last year, the second highest amount ever, KPMG asid

Raise revenues from improved tech-driven enforcement: KPMG to govt

To help resolve tax disputes, a majority of respondents feel that a mediation scheme should be introduced in the Budget to help in negotiating settlements.

Govt should eye better collections than higher taxes for funds: KPMG Survey

A fund-starved government will be better off looking at increased collections fuelled by an economic recovery, the survey said

Loan book audit at IDBI Bank to identify stress areas ahead of stake sale

Audit report may form the basis of valuations in impending disinvestment by the government

Bain & Co top recruiter in first cluster of IIM-A summer placements

Company extends 20 job offers; it is followed by BCG with 19 offers

Govt's scheme for FPOs/FPCs catches eye of KPMG, EY, and Grant Thornton

The NPMA will provide project guidance, data maintenance, and monitoring to the 10,000-odd FPCs.

IPO expenses likely to ease further this year, say industry players

Investment banking and legal fees, advertisement and marketing, listing fees and brokerage, and selling commission are the typical cost heads incurred by a company for an IPO

UPL stock tanks after auditor of Mauritius subsidiary steps down

The communication on Thursday said that the auditor of the UPL Corporation (UPL's Mauritius subsidiary), KPMG Mauritius, had resigned with effect from October 8, 2020