KPMG: News

Coronavirus: Goldman Sachs says face masks can save US economy

Destroyed by the coronavirus pandemic, the United States can save itself by following one small practice — wearing masks. Leading investment bank Goldman Sachs declared that masks can not only save lives but rescue the economy too.

25 Apr 2020

Maruti Suzuki

Coronavirus lockdown: Auto makers see zero car sales in April

The impact of the coronavirus pandemic on the global economy has been indisputable, however, for the auto industry, the impact may be especially catastrophic.

19 Mar 2020


Europe's top five football leagues could lose billions: Details here

Europe's top five football leagues could be in for real trouble if the remainder of the 2019-20 season doesn't resume.

09 Feb 2020


Online gaming is set to rise in India: Here's how

Over the years, the definition of gaming has changed from something you did alone to an immersive, multi-player experience allowing millions to play at the same time.

13 Nov 2019


What makes My11Circle unique in Indian fantasy cricket space

According to a survey by KPMG and Indian Federation of Sports Gaming, India will have approximately 100 million fantasy cricket players by 2020.

16 Jul 2019


#CareerBytes: Top CA firms for articleship apart from Big 4

Chartered Accountancy (CA) is one of the most sought-after professional courses. The three-level program comprises Foundation, Intermediate, and Final.

28 Feb 2019


IIM-Rohtak sees 100% placements; average package Rs. 11.85 lakh p.a.

According to a press release by IIM-Rohtak, the institute has clocked a 100% placement record this year, with the average package being Rs. 11.85 lakh per annum.

23 Jan 2019


Social media political ad spending expected to touch Rs. 12,000cr

2019 being an election year, social media platforms are set for a major rise in revenue as experts believe that advertising expenditure on social media will see a rise of 150% compared to the previous general election year, 2014.

04 Jan 2019


'Vote for Modi as gift to newlyweds', reads wedding card

How far can you go to support your favorite political leader? Attend his/her election rallies at the maximum?

27 Sep 2018


India's realty market to touch $1 trillion by 2030: Survey

India's real estate market is expected to touch $1 trillion by 2030, becoming the third largest globally, a recent survey said.

23 May 2018

Real Madrid

Manchester United are the most valuable European club

Manchester United may have endured a season without trophies, but that hasn't hindered their status as the most valuable football club in Europe.

21 Mar 2018


Indians would rather work at Paytm than Google: LinkedIn report

According to a new report by professional social network LinkedIn, Indians prefer to work at home-grown mobile internet companies like Paytm instead of global tech giants like Google.

12 Sep 2017


Online gaming: 1 out of every 2 gamers is bullied

If you are new to the world of online gaming, you will probably start as a feeble "noob" and you should brace yourself for some bullies heckling you.

23 Aug 2017

Bharti Airtel

Your phone bills might reduce even more!

Falling mobile bills are set to dip further, analysts say, with a 25-30% decline over the next year.

15 Aug 2017


Flipkart and 38 other companies miss out on GSP license

Indian e-commerce giant Flipkart has missed out on becoming a holder of the GST Suvidha Provider (GSP) license.

31 Jul 2017


Flipkart's orders being delivered by Amazon? That's perfectly fine

To grow as a business you have to look at the bigger picture.

02 Jun 2017


Online gaming: 1 out of every 2 gamers is bullied

If you are new to the world of online gaming, you will probably start as a feeble "noob" and you should brace yourself for some bullies heckling you.

31 May 2017

Real Madrid

Manchester United, the most valuable football club: KPMG

According to the KPMG report, Manchester United have been named as the most valuable European football club.

31 May 2017


India's education-tech space to be Rs. 12,669cr industry by 2021

Education in India is a subject of stark contrasts.

10 May 2017


Grammarly gets $110m funding, India pushes for regional content

Being a grammar Nazi is apparently a big business as Grammarly which aims to provide "mistake-free writing every time", managed to secure a massive $110m funding from venture capital firms.

US private equity firm in talks with Indira IVF hospitals

Three US-based private equity firms, Carlyle Group, Warburg Pincus and TPG Growth, are in separate talks with infertility clinics chain Indira IVF to acquire minority stakes, leading to a possible valuation of Rs. 4,000-5,300 crore.

20 Jan 2017


After Obama's exit, PM Modi world's most 'followed' leader

As President Obama ends his term as the 44th President of the United States, Prime Minister Modi became the most followed leader of a state on social media.

27 Dec 2016


India to hold Poker Sports League, winner gets Rs.3.36 crore

India will soon have its very own Poker tournament - the Poker Sports League (PSL).

Rs.89 crore found in Axis Bank raid

On Thursday, deposits of Rs.89 crore were found in 19 suspicious accounts in Axis Bank's Ahmedabad branch.

Axis Bank MD apologizes for conduct of employees

Axis Bank MD and CEO Shikha Sharma said she was "embarrassed and upset" over the behavior of Axis Bank employees who had brought disrepute to the bank after IT department unearthed Rs.60 crore from their Noida branch.

Axis Bank: Rs.60 crore recovered from fake accounts in Noida

IT Department officials conducted a raid on Axis Bank's Nodia branch in sector 51.

Axis bank suspends some accounts, reassures public

Axis Bank suspended the accounts of several bullion trades, as part of an "enhanced due diligence" exercise; the firm also hired KPMG to do a forensic audit of suspicious transactions post demonetization.

Fake bank accounts busted in Axis bank

Nearly four dozen fake bank accounts have been found at an Axis Bank branch in Chandni Chowk, New Delhi.

26 Sep 2016


Yahoo in Japan contemplates four-day work weeks

According to sources, Yahoo Japan Corp. is deliberating four-day work weeks for its 5,800 employees altogether.

24 Sep 2016


IPL's KKR clocks faster growth than Manchester United: BCCI

The Board of Control for Cricket in India stated that the Indian Premier League has scripted faster growth than the football league Manchester United.

16 Sep 2016


JPMorgan's CEO vociferously endorses PM Modi's initiatives

In a recent interview, Jamie Dimon, one of the world's most renowned bankers spoke very positively about India's future and credited Prime Minister Modi for making all the "right moves".

04 Sep 2016


Report predicts boom in Indian music industry

Consultancy firm KPMG and the Federation of Indian Chambers of Commerce and Industry (FICCI) released a report based on information provided by the Indian music business sources predicting a boom in the industry.

PwC sued for $5.5billion for negligence in mortgage fraud case

The bankruptcy trustee for Taylor, Bean & Whitaker sued PricewaterhouseCooper as the auditor of Colonial Bank, seeking $5.5 billion in damages.