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78% Indian consumers cut spending amid COVID-19 crisis: KPMG
Consumers in tier-III cities were 1.4 times more inclined towards spending on apparel than tier-I cities, it said
Wirecard scandal: Former CEO Markus Braun arrested over missing billions
German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its accounts likely “do not exist”
Payments services major Wirecard admits 1.9 bn euros missing, in biggest fraud of recent times
Auditors say the 1.9 billion euros that were supposedly sitting in trust accounts in the Philippines likely do not exist.
Room for strong growth for microfinance in India: KPMG
Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.
Investor interest in fintech space falls
In June quarter, fintech space witnessed deals valued $63.3 million, the lowest quarterly deal value since Q 3 2014.
Government wants antitrust review of ‘Big Four’ accountants: source
CCI should look into dominance of these four global auditors and whether they are thwarting competition.
Deloitte misreading law, trying to avert ban: Government
Deloitte Haskins and Sells LLP is contesting the government's call for the ban on the auditor for its alleged involvement in a financial fraud.
Budget may hike I-T exemption threshold, levy 40 pc tax on income over Rs 10 cr: KPMG
The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries.
Global VC investments fall to $53 billion this year
Interestingly, there have been other lucrative and potentially key sectors in India as well, which can come up really big.
FICCI KPMG report suggests action plan for smart cities
Both organisations said that formal guidance based on well-defined cybersecurity policy will be important for reducing the cyber risks.