ASIC told a parliamentary inquiry into alleged audit misconduct at KPMG Australia that it received 153 misconduct reports about the Big Four firms between 1 July 2023 and 7 October 2026, up from 139 cited at a September hearing. Some cases involve several firms. The count moved between hearings.
Read more at accountingtimes.com.au →
After months of pushing staff to use AI in every task, firms are facing bill shock from usage-based pricing. Accenture is capping spending on Anthropic's Claude at US$29 a month for most employees from October 2026, Technology Magazine reports. Transformation now comes with a monthly allowance.
Read more at technologymagazine.com →
India must speed up domestic technology capabilities, strengthen economic resilience and guard against dependence on foreign AI systems as geopolitical tensions reshape government priorities, KPMG global government head Dean Grandy told The Economic Times. He called capital outflow a global phenomenon.
Read more at The Economic Times →
Castrol India's board approved Price Waterhouse Chartered Accountants LLP as statutory auditor for five years from its 49th AGM in 2027, replacing Deloitte Haskins & Sells LLP. The change follows mandatory rotation rules under the Companies Act. The auditors continue to pass the parcel.
Read more at businessupturn.com →
KPMG India's Agrasar Bharat Manch, held in New Delhi on 23 October, gathered government and industry leaders to discuss how AI and machine learning are reshaping warfare and battlefield capabilities. CEO Yezdi Nagporewalla said India should accelerate progress that is sustainable and inclusive.
Read more at raksha-anirveda.com →
A McKinsey report, The AI Value Curve, estimates AI could generate $2.52 trillion a year globally by automating and improving existing work. It warns that rising deployment costs could erode much of that value and that many firms adopt AI without checking the returns. Checking is a separate engagement.
Read more at Daijiworld →Asia may need to invest as much as $1 trillion annually in energy over the next 15 years to strengthen energy security, McKinsey says. It raised its 2040 Asian energy demand forecast to 370 million terajoules, 15 percent above last year's estimate. Forecasts, like demand, keep rising.
Read more at thestar.com.my →
Google's Decoding the DICA Consumer report says digital channels influence over 20 million health and life insurance policies in India each year, more than four times those sold directly online. Of about 50 million sold annually, over 5 million close through direct digital channels. Google has found that Google matters.
Read more at Storyboard18 →
India's sports economy is estimated at Rs 1.99 lakh crore, about $21 billion, in FY26 and is growing 12 to 14 percent a year, a KPMG India report says. It flags gaps in governance, funding and grassroots participation. The next phase needs a coach.
Read more at Fortune India →
A study in the RBI's monthly bulletin found that combining satellite night-time lights data with Google search trends cut errors in quarterly growth estimates for Gujarat, Maharashtra and Karnataka by up to 62 percent. The authors' views are not the RBI's. The lights, however, are on.
Read more at Business Standard →The e-Conomy SEA 2026 report by Google, Temasek and Bain & Company says AI-led campaign tools improve ad click quality by 10 to 20 percent in Southeast Asia, while ecommerce, travel platforms and superapps build revenue by selling ad space. Everything with an app is now also a billboard.
Read more at Storyboard18 →China's commerce ministry has proposed export controls on 12 next-generation solar technologies, including bans on advanced equipment for wafers and polysilicon. Industry players told businessline module output is unlikely to be hit soon. India's long-term localisation goals could suffer. Localising needs the machines first.
Read more at TradingView →
R&B Denims has bought eight equity shares of Beroe Consulting India for Rs 5.51 crore, about 0.13 percent of its share capital, from InCred Wealth and Investment Services. It said it was deploying surplus funds and gets no special rights or board seat. Eight shares, chosen with care.
Read more at scanx.trade →
Wipro has appointed Kuldeep Sehrawat as director and head of marketing for India. He joins after more than eight years at IBM in marketing leadership roles across growth, demand generation and partner ecosystems, with around 17 years of experience, ETBrandEquity reports. The demand has been generated.
Read more at Mint →
Haleon has appointed Rahul Vashist as Global Head of Talent Acquisition. He moves up after two years as Business HR Lead for Sales and Marketing in the India subcontinent, working on workforce expansion and leadership development across India and Asia-Pacific. The talent acquirer has been acquired internally.
Read more at TradingView →
Indian law firms, from large practices to boutiques, are stepping up hiring of litigation partners with experience in commercial disputes, insolvency, white-collar crime and arbitration. Akshay Chudasama of Shardul Amarchand Mangaldas said hiring is driven by client demand. Disputes, it seems, are a growth market.
Read more at The Economic Times →
Google has appointed Luis Davila, formerly senior director of corporate communications at Schneider Electric, to lead strategic communications for sustainability. Davila said on LinkedIn he will help explain how Google manages its environmental footprint and uses AI for the planet. The data centres will need explaining.
Read more at Mint →Gaurav Kalani resigned as chief financial officer and chief sustainability officer of Bajaj Housing Finance on 22 October 2026, citing personal reasons and outside growth opportunities. He will leave his key managerial roles no later than 31 January 2027.
Read more at scanx.trade →
Companies are drawing up transition plans for Ind AS 118, the Indian version of IFRS 18, which affects finance systems, controls and performance metrics. Deloitte's Samir Shah called it a boardroom issue, but missing final rules and formats complicate preparation. Preparing for unfinished rules is very consulting.
Read more at The Economic Times →
Speaking at the 2nd National Urban Conclave, NITI Aayog member Rajiv Gauba said cities cannot be run from state capitals. He called for directly elected mayors with five-year terms and urged states to transfer all 18 functions under the 74th Amendment to urban bodies.
Read more at The Economic Times →
Ninety-eight power plants face critical coal stocks amid record power demand, with inventories below the 19 to 20 day norm. KPMG India's Vikas Gaba said supplies must keep pace with demand, as thin buffers limit flexibility and planned maintenance. Supply keeping pace with demand remains the whole idea.
Read more at Business Standard →KPMG estimates India's data centre market could grow from about $1.7 billion in FY26 to nearly $6.8 billion by FY30, with AI driving high-density builds, a NuPlay AI founder writes. CBRE puts operational capacity at about 1.75 GW by mid-2026. The founder of an AI company is optimistic about AI.
Read more at expresscomputer.in →
Japan was India's largest source of foreign direct investment from April to June, investing $5.71 billion, more than the $3.74 billion it put in during all of FY26, government data show. Japanese money made up nearly 29 percent of quarterly inflows. One quarter beat the whole previous year.
Read more at timesnownews.com →The government is considering cutting its stake in Central Bank of India, UCO Bank, Punjab and Sind Bank and Indian Overseas Bank to 75 percent to meet minimum public shareholding norms, likely through offers for sale depending on market conditions, Mint reports. The government is complying with the government's rule.
Read more at Mint →The government has extended the Agriculture Infrastructure Fund scheme beyond 30 September 2026 to 31 March 2027, people aware of the matter told Mint. It should support post-harvest storage and processing at a time when India loses farm produce worth Rs 1.53 trillion. The deadline has been, traditionally, extended.
Read more at Mint →The CCI is seeking 41 people for professional and administrative posts on deputation at the commission and its investigation arm. The DG office will fill two additional director general posts, seven joint director general posts and 12 deputy director general posts. Competition for the posts is expected.
Read more at The Economic Times →The Standing Committee on Finance has selected 46 subjects for detailed examination this fiscal year, including artificial intelligence in finance, currency management and a study on virtual digital assets. The committee has 21 Lok Sabha and 10 Rajya Sabha members. Crypto is now officially a subject.
Read more at legal.economictimes.indiatimes.com →At a CBIC trade interaction in Mumbai with about 150 business and industry representatives, officials discussed reforms from the 57th GST Council meeting on 8 October, including simpler registration, faster automated refunds, easier return filing and fewer tax disputes. Fewer disputes was a popular item.
Read more at a2ztaxcorp.net →As global companies cut concentration risk in China, India is being positioned as an alternative base for chemicals and speciality products, Fortune India reports. India is already the world's sixth-largest chemical producer, making more than 80,000 products. The pitch deck writes itself.
Read more at chemicals.economictimes.indiatimes.com →
Recruiters offered around 85 roles across six cohorts in the first cluster of IIM Ahmedabad's PGP summer placements. Accenture Strategy, Bain, BCG, EY-Parthenon and McKinsey were among the firms, with roles in hubs such as Hong Kong and Singapore. The summer will be spent in slide decks.
Read more at The Times of India →
Infosys added 4,480 employees in the July to September quarter, taking its workforce to 332,542 after a drop of 532 in the previous quarter. It onboarded more than 8,000 graduates, double the prior quarter, and kept its target of about 20,000 freshers this year. The fresher pipeline is open again.
Read more at Mint →
Programmatic advertising associate is the most sought fresher role in Delhi with 50 percent hiring intent, and digital marketing executive leads Mumbai at 48 percent, a TeamLease report says. Of marketing and advertising employers, 59 percent plan to hire freshers in the second half. Festive ads need festive hands.
Read more at Education Times →
India faces an AI skills demand-supply gap of over 3.5 times, BinQle estimates. TeamLease Digital's salary primer, covering 37,000 roles, finds pay now tracks the depth of AI skills more than job title, tenure or location, Mint explains. Seniority has been outranked by prompts.
Read more at Mint →
Women were 29.5 percent of apprentices engaged under the National Apprenticeship Promotion Scheme in FY27 so far, about 399,000 of 1.35 million, dashboard data show. The share stays below a third despite apprenticeship melas and outreach, Business Standard reports.
Read more at Business Standard →The Financial Express profiles the first Indian-origin dean of Harvard Business School. His father, the only one of six children to go to college and abroad, worked on electrifying India, and the dean credits him with opening up opportunities the family never imagined.
Read more at The Financial Express →Consulting, strategy and advisory roles checked today, India first. Every listing links to the original posting. The case interview is still yours to crack.
Upcoming summits and forums, each checked against its own page this morning. The networking is billable to nobody.
It sits on your phone like an app and has never once asked for an update.
iPhone