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Global accounting firms set up shop in India`s smaller cities  The world's major accounting firms are stepping up investments in new Indian facilities away from bigger cities as global demand for cheaper back office operations grows and smaller towns move up the economic value chain. For decades, large multinational corporations have rushed to India's biggest metropolises, chiefly Mumbai, Delhi and Bengaluru, to set up massive operational centres that employ millions, lured by vast, low-cost talent pools, particularly in IT. Business ...
Global accounting firms set up shop in India`s smaller cities
Global accounting firms set up shop in India`s smaller cities
Source: Reuters
12/07/2023 9:57:21 AM
54% of Indian firms implemented AI, analytics for business functions: Report  About 54 per cent of Indian companies have implemented artificial intelligence (AI) and analytics for business functions, a new report showed on Tuesday. According to global consultancy firm PwC, digital champions from across the six sectors in India believe that being resilient, transparent and sustainable will prepare them for future growth. However, they believe that greater innovation and faster time to market will help them remain competitive in the coming days. "Orga...
54% of Indian firms implemented AI, analytics for business functions: Report
54% of Indian firms implemented AI, analytics for business functions: Report
Source: IANS
20/06/2023 5:57:36 PM
More than 90% Indian CEOs plan to cut operating costs: PwC survey A majority of Indian CEOs have indicated in a survey that they plan to cut down their operating costs amid rising geopolitical risks. At the same time though, they are optimistic about the country's economic prospects. According to the annual Global CEOs survey released by Price Waterhouse Coopers (PwC), many companies don't plan to trim their headcount or salaries. The survey was released on the first day of the World Economic Forum (WEF) meeting, which began in Davos on Mon...
More than 90% Indian CEOs plan to cut operating costs: PwC survey
More than 90% Indian CEOs plan to cut operating costs: PwC survey
Source: IANS
17/01/2023 2:17:23 PM
Top 100 global firms' market cap reaches $31.7 tn, Apple leads The market capitalisation of the top 100 companies globally increased from $10.3 trillion to $31.7 trillion, an increase of 48 per cent, from March 2020 till March 2021, a new report said on Sunday. Apple topped the list with $2.85 trillion in market cap, followed by Saudi Aramco, Microsoft, Alphabet and Amazon, according to the data provided by London-based accounting company PwC. Apple regained its crown as the world's largest company by market capitalisation with a valuation 6 pe...
Top 100 global firms' market cap reaches $31.7 tn, Apple leads
Top 100 global firms' market cap reaches $31.7 tn, Apple leads
Source: IANS
12/06/2022 1:50:53 PM
UK watchdog opens investigation into PwC audit of Wyelands Ban LONDON - Britain's accounting regulator said on Monday it has begun an investigation into how PwC audited the accounts of Wyelands, the bank owned by steel tycoon Sanjeev Gupta's metals-to-finance empire GFG Alliance. Wyelands financed GFG Alliance, which was closely linked to financing company Greensill Capital, which went bust earlier this year. The Financial Reporting Council said it has started the investigation into PwC, one of the world's Big Four auditors, in relation...
UK watchdog opens investigation into PwC audit of Wyelands Ban
UK watchdog opens investigation into PwC audit of Wyelands Ban
Source: Reuters
28/06/2021 11:51:15 AM