FED:Federal government warns consultancies on standards A major consultancy firm has been warned the federal government expects it to uphold the highest ethical standards, as a departmental review gets underway. AAP · Jun 15
'Taken for mugs': KPMG referred for corruption probe Beleaguered consultancy firm KPMG is under more pressure after being referred to a corruption watchdog, while it also faces a government halt on contracts. AAP · Jun 15
Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMG India's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuating global fuel prices. An adaptive fuel system, varied distribution, and flex-fuel vehicles are crucial. This shift aims to enhance energy security and reduce reliance on external price… The Economic Times · Jun 14
Scaling growth and risk: Why managed services are now mission-critical for India Inc The question should no longer be about whether to adopt managed services but about how to use and leverage them to transform functions. The Economic Times · Jun 13
A major KPMG report on AI was found to be chock-full of...AI hallucinations GPTZero has been prompted to issue its second report revealing how a major report is full of fake, AI-generated citations. TechRadar · Jun 12
KPMG loses contracts and leaders amid scandal over alleged confidential leaks. Here’s what you need to know Consulting firm’s Australian arm shared secret client information internally in order to win lucrative audit contracts, a whistleblower has alleged The Guardian - AU · Jun 9
NSW Labor officials investigated over allegedly disguising donations to Minns – as it happened This blog is closed The Guardian - AU · Jun 9
May heatwave boosts spending on barbecue food, sandals and sunglasses Total UK retail sales increased by 3.7% year on year in May, well above the 12-month average of 2%, according to the BRC and KPMG. Evening Standard · Jun 8
India's electronics manufacturing boom faces 'scale without depth' hurdle: KPMG India's electronic manufacturing services market is set for substantial growth, projected to reach over $150 billion by FY30. This expansion hinges on moving beyond high-volume assembly to embrace design and component manufacturing. Strategic focus on automotive, industrial, and aerospace sectors will drive long-term value. The Economic Times · Jun 8
Incuspaze acquires coworking firm iKeva to scale operations Flexible workspace operator Incuspaze has acquired coworking firm iKeva through a 100% buyout to strengthen its presence in Hyderabad and Bengaluru. The acquisition is expected to add nearly Rs 100 crore in annual revenue and supports Incuspaze’s expansion plans as it targets Rs 1,000 crore revenue by FY29. The Economic Times · Jun 8
UK companies opting to hire temporary workers over permanent staff, recruitment firms say Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitment The Guardian - UK · Jun 8
FED:Wider watchdog inquiry launched into consulting firm The head of ASIC has confirmed a broader investigation is under way into Big Four consulting firm KPMG following allegations from whistleblowers. AAP · Jun 5
Wider watchdog inquiry launched into consulting firm The head of ASIC has confirmed a broader investigation is under way into Big Four consulting firm KPMG following allegations from whistleblowers. AAP · Jun 5
The Canberra Times · Jun 5 'No procedure': watchdog defends keeping $3m KPMG contracts amid probe Partnership loophole leaves watchdog powerless to discipline KPMG.
The Canberra Times · Jun 4 Depts reviewing contracts after scandal-hit firm's accusation of deceptive conduct Officials reconsidering millions in KPMG contracts.
TechRadar · Jun 3 AI is the top investment area for 3 out of 4 insurance CEOs The insurance sector seems highly prepared to invest in AI, with more seeing it as an opportunity than a threat.
The Economic Times · Jun 2 Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launch Indian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch services and satellite systems. Ahead of its maiden orbital launch, the company's space systems division is already generating revenue, with launch services poised to become the primary growth engine.
The Economic Times · Jun 2 From Rs 2 lakh to Rs 57 lakh: KPMG employee shares how his salary jumped 26 times in 10 years Anirudh Rapole, a chartered accountant, shared his decade-long salary journey at KPMG. Starting with less than ₹2 lakh annually during his Articleship, his earnings grew significantly. A move to KPMG Sweden in 2021 saw his salary jump to over ₹57 lakh. Rapole emphasized CA as an equalizer, enabling growth through…
Euronews · Jun 2 World's most valuable AI start-up Anthropic files for IPO: Five things to know Anthropic appears to have gained an early lead over OpenAI in the race to go public. Its IPO filing signals that one of the industry's biggest players could become the first major generative AI company to reach public markets.