India is updating its electricity demand forecasting to match generation needs and maintain grid stability amid rising use of renewable energy. The Central Electricity Authority will collaborate with weather agencies for better data and conduct more frequent forecasts. This aims…
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Indian banks are establishing a committee to address concerns regarding the Reserve Bank of India’s (RBI) proposed regulations. The new rules mandate one entity per banking group for specific businesses, impacting subsidiaries. Banks find the two-year compliance window too short,…
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The National Financial Reporting Authority (NFRA) and the Institute of Chartered Accountants of India (ICAI) are headed for another clash. The upcoming NFRA board meeting will address revisions to auditing standards, including the controversial SA600, despite opposition from ICAI representatives…
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KPMG-LAYOFFS/ (URGENT,PIX)KPMG to lay off less than 4% of US audit workforce, source says
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Australian police searched PwC Australia’s Sydney office investigating a former partner who leaked confidential government tax plans. The firm reportedly shared the data internally and covered up its use. PwC is cooperating fully with the investigation. This incident led to…
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Tikona Infinet will become a significant subsidiary of SAR Televenture and Tikona shareholders will get SAR Televenture shares.
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