Kpmg Report

Attracting and retaining talent remains key concern in banking: KPMG Report

Majority banking leaders across the world say they would be willing to reward employees who made effort to return to office

India to see one of the largest infra programmes of 21st century: KPMG

India is likely to see the implementation of one of the largest infrastructure programmes in the 21st century amongst large economies and creating fiscal sources of capital would be key to this initiative, according to a KPMG report. The report titled 'KPMG 2024 Infrastructure and Transport CEO Outlook' further said a survey of 120 sector leaders from across the world found that CEOs in the infrastructure and transportation sector anticipate business growth over the next three years, in terms of earnings and headcount. It revealed that globally 57 per cent of sector CEOs say stakeholder expectations pertaining to ESG are changing faster than they can adapt their strategy. More than half of CEOs believe that a global failure on climate-change adaptation will have a real short-to-medium term impact on their growth, it added. With confidence and trust in governments declining around the world, the report said 62 per cent of respondents believe the public is looking to businesses to fi

GCCs in India becoming 'nerve centres' for global business success

A Nasscom-KPMG report launched on Thursday has identified four considerations for GCCs as they move up the value chain

Taiwanese firms look to set up headquarters abroad to avoid Chinese attack

China asserts territorial claims over Taiwan and has issued threats of annexation if Taipei resists reunification indefinitely

Green buildings can reduce emissions by 35%, maintenance costs by 20%

KPMG in India and Colliers' 'Sustainable real estate: An opportunity to leverage' report finds developers moving towards sustainable real estate despite costs increasing by 5-15%

5G, satcoms, semiconductors to boost economy with $240 bn by FY28: KPMG

KPMG report outlines transformative potential of 5G, satellite communication and semiconductors on India's economy and job market

Venture capital investment declines slightly to $77.4 bn in Q1: KPMG report

Venture capital investment globally declined slightly to USD 77.4 billion across 7,783 deals in the June quarter as investors continued to hold back from making large mega-deals amidst uncertainties, a KPMG report said on Thursday. In a report titled Venture Pulse Q2 2023, which analyses venture funding globally, KPMG said VC investment held relatively steady in April-June, led by a USD 6.8 billion raise by US-based Stripe, USD 2 billion raise by Singapore-based Shein, USD 1.3 billion raise by US-based AI startup Inflection, and USD 700 million raise by India-based Byju. With regard to India, the report said despite a small uptick quarter-over-quarter, VC investment remained very subdued. The April-June quarter of 2022 saw over USD 8 billion in VC investment in India. The largest deals in Q2 2023 in India included a USD 700 million raise by edtech Byju, USD 600 million raise by online optical platform Lenskart, and USD 168.1 million raise by mobile balance management app company Tru

90% in construction sector favour decarbonisation practices: KPMG report

84% of the respondents said they were optimistic about the direction of the construction market in India

VC investment in India expected to remain sluggish in Q1 2023: KPMG report

VC investment in India is expected to remain soft in the first quarter of 2023, before starting to pick up in Q2 in part due to India's strong growth and consumption expectations

Google Cloud joins hands with DSCI for boosting cloud adoption

"Secure with cloud" initiative will also provide industry best practices and frameworks with Start-up and mobile app ecosystems on privacy and security

66% CEOs in India expect recession in 2023; layoffs on the cards

Eighty-six per cent CEOs in India, compared to 71 per cent CEOs globally, predict that a recession will impact company earnings by up to 10 per cent over the next 12 months.

58% of CEOs in India expect a recession to be mild and short: KPMG survey

66 per cent CEOs in India compared to 86 per cent globally anticipating a recession to hit over the next year

86% of global CEOs see recession within 12 months, finds KPMG survey

46% of corporate leaders considering job cuts over the next six months

CEOs rethinking strategies to hire, retain talent: KPMG 2022 CEO Outlook

KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations

Electric vehicles on Indian roads to touch 50 mn-mark by 2030: KPMG

The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and regulatory front despite a low penetration level of about 1 per cent currently, KPMG said in its report -- Electric vehicle charging the next big opportunity. According to the report, India's electric mobility story is rapidly evolving, with EVs gradually entering the mainstream, resulting in a three-fold rise in EV sales over the last fiscal year. The growth is currently being led by two-wheeler (2W), three-wheeler (3W), and bus segments. "As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030," it said. This presents an enormous opportunity for players in the EV

NCLT Kolkata dismisses Kanoria application against KPMG forensic report

Sources say tribunal also rejected contempt petition filed by Kanoria after Punjab & Sind Bank declared the account fraud

VC investments fall 25% sequentially in Q1CY22: KPMG's Venture Pulse report

Rising commodity prices, geopolitical uncertainty weigh on sentiment: KPMG report

KPMG audit report on Srei filed in time, say lenders in NCLT

Time period starts from red-flagging of the account, they argue

Global fintech investment tops $210 bn in 2021, India shines: Report

Total global fintech funding (across mergers & acquisitions, private equity and venture capital) reached $210 billion with a record 5,684 deals in 2021 -- up from $125 billion across 3,674 deals in 2020, a new report showed on Tuesday.

India sees venture capital investments surge to $8 billion in Q2: KPMG

The Asia Pacific region saw solid VC investment in H1 2021 despite a dip from 42.8 billion dollars across 2,066 deals in Q1 2021 to 38 billion dollars across 1,998 deals in Q2 2021.