Consultancy / Audit

Cleartax acquires Dose FM, absorbs its team

Oct 17, 2019, 06:28 PM IST

Online tax returns filing platform Cleartax and early-stage audio streaming platform Dose FM further plans to create an engagement platform for their business customers to file their GST returns. A four member team will be joining Cleartax.

PwC India plans to hire 1,200 for its Kolkata labs

Oct 15, 2019, 04:07 PM IST

These labs will be used to incubate new solutions to address issues that are impacting businesses globally.

CARE orders forensic audit of its rating calls

Oct 10, 2019, 03:29 PM IST

The homegrown rating agency has hired external hands to examine whether there were lapses on its part.

Altico lenders appoint SBI Cap & EY as advisors

Oct 7, 2019, 10:04 PM IST

Existing shareholders also declined to bring in further capital to support upcoming lender repayments, citing their latest infusion in March.

Two partners at NSEL audit firm arrested by EoW

Oct 4, 2019, 11:48 PM IST

The EOW also said that as per the byelaws of NSEL, it was necessary to make provision of Rs 1 crore before commencement of trading.

Deloitte Haskins and Sells questions NCLT ambit

Oct 3, 2019, 11:26 PM IST

Deloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN).

ManpowerGroup appoints Sandeep Gulati as managing director for India

Oct 3, 2019, 03:26 PM IST

At ManpowerGroup, he will lead the India business, replacing AG Rao.

EY plans to hire 14,000 for global delivery services team

Sep 30, 2019, 09:09 AM IST

The audit and professional services major is looking to recruit more talent with expertise in advanced analytics and other highly-skilled professionals across its eight GDS centres in the country that already employ about 27,000 people.

IFIN case: Supreme Court refuses to overturn HC relief to KPMG firm

Sep 28, 2019, 07:21 AM IST

The government is seeking a five year ban on audit firms KPMG and Deloitte for their alleged roles in the IL&FS failure.

Global consultants to audit over 125 centrally-sponsored schemes

Sep 26, 2019, 08:50 AM IST

Niti Aayog ropes in KPMG, IPE Global, Deloitte and EY; assessment scheduled to get over by December.

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Conflict of interest with audit & consulting a perceived problem: David Sproul

Sep 26, 2019, 08:42 AM IST

We have close to 52,000 people in India and we intend to grow in both the client-facing and back-end services that cater to the rest of the world, says Sproul.

PwC India to challenge ED’s Rs 230-crore penalty

Sep 24, 2019, 07:01 AM IST

PwC would file an appeal at the tribunal level in the next few days that would challenge the basis on which ED has interpreted the law and levied the fine.

PWC fined Rs 230 crore for Foreign Exchange Management Act violation

Sep 17, 2019, 07:15 AM IST

An investigation against PwC and its functionaries commenced on the basis of specific input stating that the company had allegedly received huge foreign investments from abroad in the guise of ‘grants’.

Seeking 'accountant' status for company secys is about law interpretation, not calculations: ICSI Prez

Sep 15, 2019, 02:51 PM IST

Institute of Company Secretaries of India (ICSI) President Ranjeet Pandey said that company secretaries do not have any intention to become accountants.

Satyam scam: SAT quashes Sebi order of banning PwC for two years from auditing

Sep 9, 2019, 10:09 PM IST

The Securities and Appellate Tribunal (SAT) on Monday quashed an earlier order of Securities and Exchange Board of India (SEBI) to ban Price Waterhouse, an affiliate firm of PwC India, from auditing listed companies for two years due to its role in Satyam fraud about a decade back.

SAT quashes Sebi order of banning PwC for two years from auditing

Sep 10, 2019, 07:04 AM IST

SAT ruling went on to add that Sebi in fact has no jurisdiction banning any audit firm.