The framework calls for pre deployment validation, continuous monitoring and stronger data safeguards as audit firms increasingly use analytics, automated tools and AI, while warning against automation bias and over reliance on machine generated outputs.
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New Delhi [India], IIRIS Consulting (Indus IntelliRisk and IntelliSense Services Private Limited), a technology-driven firm specialising in digitisation, tech-enabled risk management solutions and knowledge process outsourcing, has acquired Dion Global Solutions Limited, a publicly listed fintech company that has served…
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Fine Acers has launched its new office in Gurugram, a key step in broadening its footprint in North India. The company anticipates generating upwards of Rs 100 crore in revenue from the bustling Delhi-NCR market. With a focus on luxury…
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India’s private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained business expansion, impacting overall economic momentum.
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India’s service sector continued to expand but at a much slower pace. The services purchasing managers’ index flash reading of 53.1 in July signalled sustained business activity, supported by new orders and resilient domestic demand, even as growth momentum softened.
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Indian shares declined on Friday as oil prices surged above one hundred dollars. Infosys and IndiGo shares dropped after reporting weaker-than-expected earnings. The benchmark Nifty 50 and BSE Sensex both experienced losses. Rising crude oil prices pose a significant risk…
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